Skip to content

Booksellers & Trade Customers: Sign up for online bulk buying at trade.atlanticbooks.com for wholesale discounts

Booksellers: Create Account on our B2B Portal for wholesale discounts

Valuation of Indian Life Insurance Companies: Demystifying the Published Accounting and Actuarial Public Disclosures

by Prasanna Rajesh
Save 30% Save 30%
Current price ₹1,865.00
Original price ₹2,646.00
Original price ₹2,646.00
Original price ₹2,646.00
(-30%)
₹1,865.00
Current price ₹1,865.00

Imported Edition - Ships in 18-21 Days

Free Shipping in India on orders above Rs. 500

Request Bulk Quantity Quote
+91
Book cover type: Paperback
  • ISBN13: 9781949991529
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Business Expert Press
  • Publisher Imprint: Business Expert Press
  • Publication Date:
  • Pages: 142
  • Original Price: USD 26.99
  • Language: English
  • Edition: N/A
  • Item Weight: 200 grams
  • BISAC Subject(s): Insurance / Life, International / Accounting, and Accounting / Financial

This book bridges the gap between the accounting and the actuarial sides of Indian life insurance companies, by exploring the relationships between the embedded value calculated by actuaries and the revenue account and balance sheet prepared by the accountants.

The author provides publicly available sources of information to place a value on the shares of Indian life insurance companies from an outsider's point of view. Life insurance company accounts are complex and require knowledge of specific concepts in order to analyze and appreciate them.

This book will help a layperson with reasonable numerical abilities understand the calculation of the share price of a life insurance company. In particular, it will help analysts and accountants with no actuarial background understand the concepts of embedded and appraisal value. Cash flow statements of these companies are often ignored and delegated to the background or usually to a single page in their annual reports.

This book examines the cash flows in detail and rearranges them to get a better picture of the financial health of the underlying companies. It also explains the relationship between the different measures of profit such as cash reserves, surplus, profit after tax, and embedded value. Often this information is only available internally or to consultants. The author uses alternative approaches based purely on public disclosures by these companies, thereby enabling professionals without access to internal information to come to informed judgments about the actual performance of the companies.

Rajesh, Prasanna: - Prasanna Rajesh is a fellow of the Institute and Faculty of Actuaries (FIA), UK. She has more than 10 years' experience in the Indian life insurance industry. She was one of the team members involved in forecast-ing the capital requirements for a newly formed life insurance company in India. She is now on a long break from work and has used this opportunity to analyze the published accounts of life insurance companies from an outsider's point of view.

Trusted for over 49 years

Family Owned Company

Secure Payment

All Major Credit Cards/Debit Cards/UPI & More Accepted

New & Authentic Products

India's Largest Distributor

Need Support?

Whatsapp Us