12 EEV principles Flashcards
1
Q
Acronym
A
DIT FRP ONA EBB
2
Q
D
A
Define shareholder interest in covered business
3
Q
I
A
Identify and disclose business covered by EVM
4
Q
T
A
three components
5
Q
F
A
Free surplus
6
Q
R
A
Required Capital
7
Q
P
A
PVIF - future shareholder cashflows less options/g’tees
8
Q
O
A
Options and g’tees valued stochastically
9
Q
N
A
New business
10
Q
A
A
Assumptions for future experience
11
Q
E
A
Economic assumptions
12
Q
B(1)
A
Bonus rates and future shareholder allocations assumptions
13
Q
B(2)
A
Business disclosure at consolidated group level
