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Line 841:
"yahoo_ticker": "^MDAXI"
},
"TotalGross AssetsWritten Premiums": {
"category": "kpis",
"id": "total_assetsgross_written_premium",
"group": "balance_sheetvolume",
"abbreviationunit": "TAcurrency",
"abbreviation": "GWP",
"aliases": [
"total assetsGWP",
"gross premiums written",
]
"gross written premium"
],
"definition": "Total premiums written (gross of reinsurance) before earning."
},
"GoodwillNet Written Premiums": {
"category": "kpis",
"id": "goodwillnet_written_premium",
"group": "balance_sheetvolume",
"unit": "currency",
"abbreviation": "NWP",
"aliases": [
"goodwillNWP",
"net premiums written",
]
"net written premium"
],
"definition": "Premiums written net of outward reinsurance."
},
"OtherInsurance Intangible AssetsRevenue": {
"category": "kpis",
"id": "other_intangible_assetsinsurance_revenue",
"group": "balance_sheetvolume",
"unit": "currency",
"aliases": [
"otherinsurance intangiblesrevenue",
"insurance revenues"
"other intangible assets"
],
"definition": "IFRS 17 insurance revenue (earned; excludes investment components). Not equal to GWP."
},
"TotalOther Intangible AssetsRevenue": {
"category": "kpis",
"id": "total_intangible_assetsother_revenue",
"group": "balance_sheetvolume",
"unit": "currency",
"aliases": [
"intangibleother assetsrevenue",
"intangiblesother revenues"
],
"definition": "Non-premium revenues (fees, asset-management revenue, etc.)."
},
"Total LiabilitiesRevenue": {
"category": "kpis",
"id": "total_liabilitiestotal_revenue",
"group": "balance_sheetvolume",
"unit": "currency",
"aliases": [
"total liabilitiesrevenue",
"total revenues"
]
],
"definition": "Total group revenue (IFRS)."
},
"Gross Written Premiums \u0026 Other Revenues": {
"Technical Provisions": {
"category": "kpis",
"id": "technical_provisionsgross_written_premium_and_other_revenue",
"group": "balance_sheetvolume",
"unit": "currency",
"aliases": [
"insuranceGWP contract\u0026 liabilitiesother revenues",
"technicalpremiums reservesand other revenues",
"total premiums and other revenue"
"insurance liabilities"
],
"definition": "gross_written_premium + other_revenue (AXA-style top-line aggregate)."
},
"BestAssets EstimateUnder LiabilitiesManagement": {
"category": "kpis",
"id": "best_estimate_liabilitiesassets_under_management",
"group": "balance_sheetvolume",
"abbreviationunit": "BELcurrency",
"abbreviation": "AUM",
"aliases": [
"BELAUM",
"assets under management"
"present value of future cash flows",
"PVFCF"],
"definition": "Third-party plus general-account assets managed by the group's asset-management arm."
"best estimate"
]
},
"RiskNet AdjustmentInvestment Income": {
"category": "kpis",
"id": "risk_adjustmentnet_investment_income",
"group": "balance_sheetpnl",
"abbreviationunit": "RAcurrency",
"aliases": [
"RAnet investment income",
"riskinvestment adjustmentreturn",
"investment result",
]
"investment income",
"net investment result"
],
"definition": "Net investment result recognised in P\u0026L (income net of investment expenses)."
},
"ContractualInsurance Service Margin (pre-tax)Result": {
"category": "kpis",
"id": "csm_pretaxinsurance_service_result",
"group": "balance_sheetpnl",
"abbreviationunit": "CSMcurrency",
"abbreviation": "ISR",
"aliases": [
"CSMISR",
"contractualinsurance service marginresult",
],
"CSM pre-tax",
"definition": "insurance_revenue - insurance_service_expense (+/- reinsurance result). The IFRS 17 underwriting result.",
"pre-tax CSM"
"spec_status": "proposed"
]
},
"ContractualInsurance Service Margin (post-tax)Expense": {
"category": "kpis",
"id": "csm_posttaxinsurance_service_expense",
"group": "balance_sheetpnl",
"unit": "currency",
"abbreviation": "ISE",
"aliases": [
"CSM post-taxISE",
"insurance service expenses"
"post-tax CSM",
],
"net CSM"
"definition": "Incurred claims + attributable expenses + loss-component movements (IFRS 17).",
]
"spec_status": "proposed"
},
"CSMInsurance TaxFinance RateIncome/Expense": {
"category": "kpis",
"id": "csm_tax_rateinsurance_finance_income_expense",
"group": "balance_sheetpnl",
"unit": "currency",
"abbreviation": "IFIE",
"aliases": [
"CSM tax rateIFIE",
"insurance finance result",
]
"insurance finance income or expenses"
],
"definition": "Unwind of discount + effect of financial-assumption changes on insurance liabilities (IFRS 17), through P\u0026L and/or OCI.",
"spec_status": "proposed"
},
"SeniorCSM DebtRelease": {
"category": "kpis",
"id": "senior_debtcsm_release",
"group": "balance_sheetpnl",
"unit": "currency",
"aliases": [
"seniorCSM financing debtamortisation",
"CSM recognised in P\u0026L",
"financing debt (senior)"
"CSM release"
]
],
"definition": "CSM released to P\u0026L for services provided in the period.",
"spec_status": "proposed"
},
"Underlying Earnings (Before Tax)": {
"Subordinated Debt": {
"category": "kpis",
"id": "subordinated_debtunderlying_earnings_before_tax",
"group": "balance_sheetpnl",
"unit": "currency",
"aliases": [
"underlying earnings before tax",
"dated subordinated debt",
"operating earnings before tax",
"sub debt",
"pre-tax underlying earnings"
"subordinated bonds"
],
"definition": "Underlying/operating earnings before tax."
},
"FinancingUnderlying DebtEarnings": {
"category": "kpis",
"id": "financing_debtunderlying_earnings",
"group": "balance_sheetpnl",
"unit": "currency",
"abbreviation": "UE",
"aliases": [
"financing debtUE",
"underlying earnings",
"gross financial debt"
"operating earnings",
]
"operating profit",
"operating income",
"operating result",
"underlying earnings group share"
],
"definition": "Recurring operating result attributable to shareholders, after tax (excludes realised gains/losses and one-offs)."
},
"Hybrid Instrument Financing Charges": {
"Shareholders' Equity (Group Share)": {
"category": "kpis",
"id": "equity_attributable_to_parenthybrid_instrument_financing_charges",
"group": "balance_sheetpnl",
"abbreviationunit": "SEcurrency",
"aliases": [
"hybrid instrument financing charges",
"shareholders equity group share",
"hybrid debt charges before tax",
"shareholders' equity group share",
"hybrid coupon charges"
"equity attributable to parent",
],
"parent equity"
"definition": "Financing charges on hybrid/undated subordinated instruments (before tax by default)."
]
},
"Hybrid Instrument Financing Charges (After Tax)": {
"Retained Earnings": {
"category": "kpis",
"id": "hybrid_instrument_financing_charges_after_tax",
"id": "retained_earnings",
"group": "balance_sheetpnl",
"unit": "currency",
"aliases": [
"hybrid financing charges",
"retained earnings"
"subordinated debt charges after tax",
]
"hybrid debt charges",
"undated debt cost"
],
"definition": "After-tax financing charges on hybrid/undated subordinated instruments. One common adjustment item deducted to derive adjusted earnings."
},
"Debt Financing Charges": {
"Non-Controlling Interests": {
"category": "kpis",
"id": "non_controlling_interestdebt_financing_charges",
"group": "balance_sheetpnl",
"abbreviationunit": "NCIcurrency",
"aliases": [
"NCIdebt financing charges",
"minorityinterest interestsexpense on debt",
"minoritiesfinancing costs",
],
"non-controlling interests"
"definition": "Financing/interest charges on debt instruments (senior + subordinated). Excludes hybrid instrument financing charges (equity-classified distributions)."
]
},
"Debt Financing Charges (After Tax)": {
"Hybrid Equity": {
"category": "kpis",
"id": "hybrid_equitydebt_financing_charges_after_tax",
"group": "balance_sheetpnl",
"unit": "currency",
"aliases": [
"debt financing charges after tax",
"undated subordinated debt",
"deeplynet subordinatedinterest debtexpense",
"after-tax financing costs"
"hybrid capital",
"RT1"],
"definition": "Financing charges on debt instruments (senior + subordinated), after tax. Excludes hybrid charges. = debt_financing_charges x (1 - holding_company_tax_rate)."
]
},
"OtherIncome ComprehensiveBefore IncomeTax": {
"category": "kpis",
"id": "other_comprehensive_incomeincome_before_tax",
"group": "balance_sheetpnl",
"abbreviationunit": "OCIcurrency",
"abbreviation": "PBT",
"aliases": [
"OCIPBT",
"otherprofit comprehensivebefore incometax",
"income before tax",
]
"pre-tax income",
"earnings before tax",
"EBT"
],
"definition": "Total consolidated income before tax."
},
"TotalNet EquityIncome": {
"category": "kpis",
"id": "total_equitynet_income_attributable_to_parent",
"group": "balance_sheetpnl",
"unit": "currency",
"abbreviation": "NI",
"aliases": [
"total equityNI",
"net profit",
"total shareholders equity"
"net result",
]
"net income group share",
"bottom line",
"net income attributable to shareholders"
],
"definition": "Net income attributable to the parent's shareholders (group share, after NCI)."
},
"TangibleAdjusted EquityUnderlying Earnings": {
"category": "kpis",
"id": "tangible_equityadjusted_underlying_earnings",
"group": "balance_sheetpnl",
"unit": "currency",
"aliases": [
"tangibleadjusted bookunderlying valueearnings",
"adjusted operating earnings"
"tangible net asset value",
],
"tangible equity"
"definition": "Underlying earnings adjusted for company-specific items (e.g., hybrid coupons) = underlying_earnings - adjustment items."
]
},
"Adjusted EquityNet Income": {
"category": "kpis",
"id": "adjusted_total_equityadjusted_net_income",
"group": "balance_sheetpnl",
"unit": "currency",
"aliases": [
"adjusted shareholdersnet equityincome",
"adjustednet totalincome equitynet of hybrid"
],
"definition": "Net income adjusted for company-specific items (e.g., hybrid/RT1 coupon charges for AXA, other normalisation items for other carriers) = net_income_attributable_to_parent - adjustment items."
},
"AverageEPS AdjustedBasis EquityEarnings": {
"category": "kpis",
"id": "average_adjusted_total_equityeps_basis_earnings",
"group": "balance_sheetpnl",
"unit": "currency",
"aliases": [
"EPS basis earnings",
"average adjusted shareholders equity",
"averageEPS adjusted equitynumerator",
"earnings for EPS"
]
],
"definition": "Earnings figure used as the numerator for reported EPS (net income adjusted per IAS 33 for hybrid coupons, preference dividends, etc.)."
},
"Underlying EPS Basis Earnings": {
"IFRS Embedded Value": {
"category": "kpis",
"id": "ifrs_embedded_valueunderlying_eps_basis_earnings",
"group": "balance_sheetpnl",
"abbreviationunit": "IFRS EVcurrency",
"aliases": [
"underlying EPS basis earnings",
"IFRS EV",
"underlying EPS numerator",
"IFRS embedded value"
"underlying earnings for EPS"
]
],
"definition": "Underlying earnings figure used as the numerator for underlying EPS (underlying earnings adjusted for hybrid coupons, etc.)."
},
"GrossPayout WrittenRatio PremiumsBasis Earnings": {
"category": "kpis",
"id": "gross_written_premiumpayout_ratio_basis_earnings",
"group": "volumepnl",
"abbreviationunit": "GWPcurrency",
"aliases": [
"payout ratio basis earnings",
"GWP",
"grosspayout premiumsbasis writtenearnings",
"prior year underlying earnings"
"gross written premium"
],
"definition": "Earnings figure used as the denominator for payout ratio calculations. Company-specific (may be underlying earnings, adjusted earnings, or another basis)."
},
"InsuranceEffective RevenueTax Rate": {
"category": "kpis",
"id": "insurance_revenueseffective_tax_rate",
"group": "volumepnl",
"unit": "%",
"abbreviation": "ETR",
"aliases": [
"insurance revenueETR",
"insuranceeffective revenuestax rate",
"group tax rate",
]
"group income tax rate",
"group effective tax rate"
],
"definition": "Income tax expense / pre-tax profit."
},
"OtherUnderlying RevenueEarnings Tax Rate": {
"category": "kpis",
"id": "other_revenuesunderlying_earnings_tax_rate",
"group": "volumepnl",
"unit": "%",
"aliases": [
"otherunderlying revenueearnings tax rate",
"operating earnings tax rate"
"other revenues"
],
"definition": "Tax / pre-tax underlying earnings; bridges underlying_earnings_before_tax to underlying_earnings."
},
"TotalHolding RevenueCompany Tax Rate": {
"category": "kpis",
"id": "total_revenuesholding_company_tax_rate",
"group": "volumepnl",
"unit": "%",
"aliases": [
"totalholding revenuecompany tax rate",
"totalholdco revenuestax rate"
],
"definition": "Tax rate applicable at the holding company level. Used to derive after-tax debt financing charges from before-tax charges."
},
"Combined Ratio": {
"Gross Written Premiums \u0026 Other Revenues": {
"category": "kpis",
"id": "gross_written_premium_and_other_revenuescombined_ratio",
"group": "volumenon_life",
"unit": "%",
"abbreviation": "CoR",
"aliases": [
"CoR",
"GWP \u0026 other revenues",
"C/R",
"premiums and other revenues",
"combined operating ratio"
"total revenues and premiums"
],
"definition": "loss_ratio + underwriting_expense_ratio (net earned premium basis). \u003C100% = underwriting profit."
},
"CommissionLoss Ratio": {
"category": "kpis",
"id": "commission_ratioloss_ratio",
"group": "pcnon_life",
"parent": "combined_ratio",
"unit": "%",
"abbreviation": "LR",
"aliases": [
"LR",
"acquisition expense ratio",
"commissionclaims ratio",
"incurred loss ratio"
]
],
"definition": "Incurred claims / net earned premium = undiscounted_cy_attritional_loss_ratio + natural_catastrophe_loss_ratio + prior_year_reserve_development_loss_ratio + discount_effect_on_loss_ratio."
},
"AdministrativeUndiscounted ExpenseCurrent-Year Attritional Loss Ratio": {
"category": "kpis",
"id": "admin_expense_ratioundiscounted_cy_attritional_loss_ratio",
"group": "pcnon_life",
"parent": "loss_ratio",
"unit": "%",
"abbreviation": "CY Attritional",
"aliases": [
"adminCY expenseloss ratio",
"G\u0026ACY attritional loss ratio",
"generalaccident expenseyear attritional loss ratio",
"undiscounted CY loss ratio"
]
],
"definition": "Current accident-year non-cat claims / net earned premium, before discount effect."
},
"Current-YearNatural Catastrophe Loss Ratio": {
"category": "kpis",
"id": "current_year_loss_rationatural_catastrophe_loss_ratio",
"group": "pcnon_life",
"abbreviationparent": "CY Loss Ratioloss_ratio",
"unit": "%",
"abbreviation": "Cat Loss Ratio",
"aliases": [
"CYcat loss ratio",
"accidentnat yearcat loss ratio",
"currentnatural accident yearcatastrophe loss ratio",
"cat load"
]
],
"definition": "Natural-catastrophe claims / net earned premium."
},
"Prior-Year Reserve Development Loss Ratio": {
"category": "kpis",
"id": "prior_year_reserve_development_ratioprior_year_reserve_development_loss_ratio",
"group": "pcnon_life",
"parent": "loss_ratio",
"unit": "%",
"abbreviation": "PY Reserve Dev",
"aliases": [
"PY reserve dev",
"reserve development ratio",
"prior year development",
"prior year reserve development"
]
],
"definition": "Prior-year claims reserve movement / net earned premium. Sign convention: NEGATIVE = favourable release (reduces loss/combined ratio); POSITIVE = adverse strengthening."
},
"Discount Effect on Loss Ratio": {
"category": "kpis",
"id": "loss_ratiodiscount_effect_on_loss_ratio",
"group": "pcnon_life",
"abbreviationparent": "LRloss_ratio",
"unit": "%",
"aliases": [
"LRdiscount effect",
"claimsdiscount on loss ratio",
"incurredIFRS loss17 ratiodiscount effect"
],
"definition": "Effect of discounting on the loss ratio (IFRS 17). Difference between discounted and undiscounted loss ratios."
},
"Underwriting Expense Ratio": {
"category": "kpis",
"id": "expense_ratiounderwriting_expense_ratio",
"group": "pcnon_life",
"parent": "combined_ratio",
"unit": "%",
"abbreviation": "ER",
"aliases": [
"ER",
"expense ratio",
"cost ratio",
"management expense ratio",
"underwriting expense ratio"
]
],
"definition": "commission_ratio + admin_expense_ratio (net earned premium basis)."
},
"CombinedCommission Ratio": {
"category": "kpis",
"id": "combined_ratiocommission_ratio",
"group": "pcnon_life",
"parent": "underwriting_expense_ratio",
"abbreviation": "CoR",
"unit": "%",
"aliases": [
"CoRcommission ratio",
"acquisition expense ratio"
"C/R",
],
"combined operating ratio"
"definition": "Acquisition costs (commissions + DAC amortisation) / net earned premium."
]
},
"Administrative Expense Ratio": {
"category": "kpis",
"id": "admin_expense_ratio",
"group": "non_life",
"parent": "underwriting_expense_ratio",
"unit": "%",
"aliases": [
"admin expense ratio",
"G\u0026A ratio",
"general expense ratio"
],
"definition": "Administrative/G\u0026A expenses / net earned premium."
},
"Underwriting Result": {
"category": "kpis",
"id": "underwriting_result",
"group": "non_life",
"unit": "currency",
"abbreviation": "UW result",
"aliases": [
"UW result",
"underwriting profit",
"underwriting income"
],
"definition": "Net earned premium - claims - expenses (technical result). IFRS 17 ~ insurance service result."
},
"Annual Premium Equivalent": {
"category": "kpis",
"id": "annual_premium_equivalent",
"group": "life_new_business",
"unit": "currency",
"abbreviation": "APE",
"aliases": [
"APE",
"annual premium equivalent"
],
"definition": "Regular premiums + 10% of single premiums (life new-business volume).",
"spec_status": "proposed"
},
"Present Value of New Business Premiums": {
"category": "kpis",
"id": "present_value_of_new_business_premiums",
"group": "lifelife_new_business",
"unit": "currency",
"abbreviation": "PVNBP",
"aliases": [
Line 1,205 ⟶ 1,358:
"PVEP",
"present value of expected premiums"
],
"definition": "PV of expected premiums on new business (NBV-margin denominator)."
},
"New Business Value": {
"category": "kpis",
"id": "new_business_value",
"group": "lifelife_new_business",
"unit": "currency",
"abbreviation": "NBV",
"aliases": [
Line 1,216 ⟶ 1,371:
"value of new business",
"VNB"
],
"definition": "PV of future shareholder profits from new business written (after tax)."
},
"New Business CSM": {
"category": "kpis",
"id": "new_business_csm",
"group": "life",
"abbreviation": "NB CSM",
"aliases": [
"NB CSM",
"new business contractual service margin"
]
},
"New Business Margin": {
"category": "kpis",
"id": "new_business_margin",
"group": "lifelife_new_business",
"unit": "%",
"abbreviation": "NBV Margin",
"aliases": [
"NBV margin",
"new business value margin"
],
"definition": "new_business_value / present_value_of_new_business_premiums."
},
"New Business CSM (Before Tax)": {
"Net Income": {
"category": "kpis",
"id": "net_incomenew_business_csm_before_tax",
"group": "pnllife_new_business",
"abbreviationunit": "NIcurrency",
"abbreviation": "NB CSM BT",
"aliases": [
"NINB CSM before tax",
"netnew profitbusiness CSM pre-tax",
"netNB resultCSM",
],
"net income group share",
"definition": "CSM added from new business written in the period (before tax). IFRS 17 life."
"bottom line"
]
},
"UnderlyingNew EarningsBusiness beforeCSM (After Tax)": {
"category": "kpis",
"id": "operating_earnings_pretaxnew_business_csm_after_tax",
"group": "pnllife_new_business",
"unit": "currency",
"abbreviation": "NB CSM AT",
"aliases": [
"underlyingNB earningsCSM beforeafter tax",
"operatingnew earningsbusiness preCSM post-tax",
],
"pre-tax operating earnings",
"definition": "CSM added from new business written in the period (after tax). IFRS 17 life."
"EBT"
]
},
"UnderlyingTotal EarningsAssets": {
"category": "kpis",
"id": "operating_earnings_posttaxtotal_assets",
"group": "pnlbalance_sheet",
"abbreviationunit": "UEcurrency",
"abbreviation": "TA",
"aliases": [
"UEtotal assets",
],
"operating earnings",
"definition": "Total consolidated assets."
"operating profit",
"operating income",
"operating result",
"EBIT",
"underlying earnings group share",
"operating earnings group share"
]
},
"OperatingTotal EarningsIntangible Tax RateAssets": {
"category": "kpis",
"id": "operating_earnings_tax_ratetotal_intangible_assets",
"group": "pnlbalance_sheet",
"unit": "currency",
"aliases": [
"intangible assets",
"operating earnings tax rate"
"intangibles"
]
],
"definition": "goodwill + other_intangible_assets."
},
"Goodwill": {
"Group Effective Tax Rate": {
"category": "kpis",
"id": "group_effective_tax_rategoodwill",
"group": "pnlbalance_sheet",
"abbreviationparent": "ETRtotal_intangible_assets",
"unit": "currency",
"aliases": [
"ETRgoodwill",
],
"effective tax rate",
"definition": "Goodwill arising on acquisitions."
"group tax rate"
]
},
"HybridOther DebtIntangible Cost (post-tax)Assets": {
"category": "kpis",
"id": "hybrid_debt_cost_posttaxother_intangible_assets",
"group": "pnlbalance_sheet",
"parent": "total_intangible_assets",
"unit": "currency",
"aliases": [
"other intangibles",
"subordinated debt charges post-tax",
"hybridother debtintangible chargesassets",
],
"undated debt cost"
"definition": "Intangibles other than goodwill (VOBA, software, distribution agreements)."
]
},
"AdjustedTotal Operating EarningsLiabilities": {
"category": "kpis",
"id": "adjusted_operating_earningstotal_liabilities",
"group": "pnlbalance_sheet",
"unit": "currency",
"aliases": [
"total liabilities"
"underlying earnings for EPS",
],
"adjusted operating earnings",
"definition": "Total consolidated liabilities."
"operating earnings net of hybrid"
]
},
"AdjustedTechnical Net IncomeProvisions": {
"category": "kpis",
"id": "adjusted_net_incometechnical_provisions",
"group": "pnlbalance_sheet",
"unit": "currency",
"aliases": [
"adjustedinsurance netcontract incomeliabilities",
"technical reserves",
"net income net of hybrid"
"insurance liabilities"
]
],
"definition": "Total insurance contract liabilities. IFRS 17 ~ best_estimate_liabilities + risk_adjustment + CSM (gross of reinsurance)."
},
"Prior-YearBest AdjustedEstimate EarningsLiabilities": {
"category": "kpis",
"id": "prior_year_adjusted_earningsbest_estimate_liabilities",
"group": "pnlbalance_sheet",
"parent": "technical_provisions",
"unit": "currency",
"abbreviation": "BEL",
"aliases": [
"BEL",
"prior year adjusted earnings",
"present value of future cash flows",
"prior year underlying earnings"
"PVFCF",
]
"best estimate"
],
"definition": "Probability-weighted PV of future insurance cash flows (IFRS 17 / Solvency II building block)."
},
"Risk Adjustment": {
"category": "kpis",
"id": "risk_adjustment",
"group": "balance_sheet",
"parent": "technical_provisions",
"unit": "currency",
"abbreviation": "RA",
"aliases": [
"RA",
"risk adjustment"
],
"definition": "IFRS 17 risk adjustment for non-financial risk."
},
"Contractual Service Margin": {
"category": "kpis",
"id": "csm",
"group": "balance_sheet",
"parent": "technical_provisions",
"unit": "currency",
"abbreviation": "CSM",
"aliases": [
"CSM",
"contractual service margin",
"pre-tax CSM",
"CSM before tax"
],
"definition": "Unearned profit on in-force contracts, released to P\u0026L over coverage (IFRS 17). Before tax by definition."
},
"Contractual Service Margin (After Tax)": {
"category": "kpis",
"id": "csm_after_tax",
"group": "balance_sheet",
"unit": "currency",
"aliases": [
"CSM after tax",
"post-tax CSM",
"net CSM"
],
"definition": "csm x (1 - csm_tax_rate)."
},
"CSM Tax Rate": {
"category": "kpis",
"id": "csm_tax_rate",
"group": "balance_sheet",
"unit": "%",
"aliases": [
"CSM tax rate"
],
"definition": "Tax rate applied to before-tax CSM to derive after-tax CSM."
},
"Financing Debt": {
"category": "kpis",
"id": "financing_debt",
"group": "balance_sheet",
"unit": "currency",
"aliases": [
"financing debt",
"gross financial debt"
],
"definition": "Total financing/financial debt = senior_debt + subordinated_debt (excl. undated/hybrid if equity-classified)."
},
"Senior Debt": {
"category": "kpis",
"id": "senior_debt",
"group": "balance_sheet",
"parent": "financing_debt",
"unit": "currency",
"aliases": [
"senior financing debt",
"financing debt (senior)"
],
"definition": "Senior (non-subordinated) financing debt."
},
"Subordinated Debt": {
"category": "kpis",
"id": "subordinated_debt",
"group": "balance_sheet",
"parent": "financing_debt",
"unit": "currency",
"aliases": [
"dated subordinated debt",
"sub debt",
"subordinated bonds"
],
"definition": "Dated subordinated debt (liability-classified)."
},
"Total Shareholders' Equity": {
"category": "kpis",
"id": "total_shareholders_equity",
"group": "balance_sheet",
"unit": "currency",
"aliases": [
"total shareholders equity",
"total equity",
"total shareholders' equity"
],
"definition": "shareholders_equity_group_share + non_controlling_interest (+ hybrid if equity-classified)."
},
"Shareholders' Equity (Group Share)": {
"category": "kpis",
"id": "shareholders_equity_group_share",
"group": "balance_sheet",
"parent": "total_shareholders_equity",
"unit": "currency",
"abbreviation": "SE",
"aliases": [
"shareholders equity group share",
"shareholders' equity group share",
"equity attributable to parent",
"parent equity",
"SE"
],
"definition": "Equity attributable to the parent's shareholders (excludes NCI and hybrid)."
},
"Non-Controlling Interests": {
"category": "kpis",
"id": "non_controlling_interest",
"group": "balance_sheet",
"parent": "total_shareholders_equity",
"unit": "currency",
"abbreviation": "NCI",
"aliases": [
"NCI",
"minority interests",
"minorities",
"non-controlling interests"
],
"definition": "Equity attributable to minority shareholders of subsidiaries."
},
"Hybrid Equity": {
"category": "kpis",
"id": "hybrid_equity",
"group": "balance_sheet",
"unit": "currency",
"aliases": [
"undated subordinated debt",
"deeply subordinated debt",
"hybrid capital",
"RT1"
],
"definition": "Undated/deeply-subordinated instruments classified as equity (e.g. RT1)."
},
"Retained Earnings": {
"category": "kpis",
"id": "retained_earnings",
"group": "balance_sheet",
"unit": "currency",
"aliases": [
"retained earnings"
],
"definition": "Accumulated undistributed profits within equity."
},
"Other Comprehensive Income": {
"category": "kpis",
"id": "other_comprehensive_income",
"group": "balance_sheet",
"unit": "currency",
"abbreviation": "OCI",
"aliases": [
"OCI",
"other comprehensive income"
],
"definition": "Items recognised in equity outside P\u0026L (FVOCI, IFIE OCI option, FX, etc.)."
},
"Gearing Basis Shareholders' Equity": {
"category": "kpis",
"id": "gearing_basis_shareholders_equity",
"group": "balance_sheet",
"unit": "currency",
"aliases": [
"gearing basis shareholders equity",
"adjusted shareholders equity",
"adjusted equity",
"common equity ex-hybrid"
],
"definition": "Shareholders' equity (group share) on the basis used for gearing calculations (e.g., less hybrid/RT1 instruments). Company-specific."
},
"RoE Basis Shareholders' Equity": {
"category": "kpis",
"id": "roe_basis_shareholders_equity",
"group": "balance_sheet",
"unit": "currency",
"aliases": [
"RoE basis shareholders equity"
],
"definition": "Shareholders' equity (group share) on the basis used for RoE (period-end, company-specific adjustments such as ex-hybrid)."
},
"RoE Basis Average Shareholders' Equity": {
"category": "kpis",
"id": "roe_basis_average_shareholders_equity",
"group": "balance_sheet",
"unit": "currency",
"aliases": [
"RoE basis average shareholders equity",
"average RoE basis equity",
"RoE denominator equity"
],
"definition": "Period-average of roe_basis_shareholders_equity (typically (opening+closing)/2). RoE and Underlying RoE denominator."
},
"Tangible Net Asset Value": {
"category": "kpis",
"id": "tangible_net_asset_value",
"group": "balance_sheet",
"unit": "currency",
"aliases": [
"tangible NAV",
"tangible net asset value",
"tangible equity",
"tangible book value"
],
"definition": "shareholders_equity_group_share - total_intangible_assets."
},
"Debt Gearing": {
"category": "kpis",
"id": "gearing",
"group": "balance_sheet",
"unit": "%",
"aliases": [
"gearing",
"leverage ratio",
"debt gearing"
],
"definition": "financing_debt / (financing_debt + gearing_basis_shareholders_equity), or debt/equity - confirm house definition."
},
"IFRS Economic Value": {
"category": "kpis",
"id": "ifrs_economic_value",
"group": "balance_sheet",
"unit": "currency",
"abbreviation": "IFRS EV",
"aliases": [
"IFRS EV",
"IFRS economic value",
"IFRS embedded value"
],
"definition": "Economic value computed on an IFRS basis (where disclosed)."
},
"Solvency Ratio": {
"category": "kpis",
"id": "solvency_ratio",
"group": "solvency",
"unit": "%",
"abbreviation": "SII",
"aliases": [
"SII",
"solvency II ratio",
"S2 ratio",
"solvency 2 ratio",
"SST ratio"
],
"definition": "available_capital / required_capital (eligible own funds / SCR)."
},
"Available Capital": {
Line 1,339 ⟶ 1,749:
"id": "available_capital",
"group": "solvency",
"unit": "currency",
"aliases": [
"eligible own funds",
"own funds",
"available solvency capital"
],
"definition": "Eligible own funds available to meet the SCR / required capital."
},
"Required Capital": {
Line 1,349 ⟶ 1,761:
"id": "required_capital",
"group": "solvency",
"unit": "currency",
"abbreviation": "SCR",
"aliases": [
Line 1,354 ⟶ 1,767:
"solvency capital requirement",
"required solvency capital"
],
"definition": "Solvency capital requirement (SCR under Solvency II; equivalent under other regimes)."
},
"Solvency Ratio": {
"category": "kpis",
"id": "solvency_ratio",
"group": "solvency",
"abbreviation": "SII",
"aliases": [
"SII",
"solvency II ratio",
"S2 ratio",
"solvency 2 ratio",
"SST ratio"
]
},
"Excess Capital": {
Line 1,373 ⟶ 1,774:
"id": "excess_capital",
"group": "solvency",
"unit": "currency",
"aliases": [
"excess solvency capital",
"capital surplus"
],
"definition": "available_capital - required_capital."
},
"Target Solvency Ratio": {
Line 1,382 ⟶ 1,785:
"id": "target_solvency_ratio",
"group": "solvency",
"unit": "%",
"aliases": [
"target solvency ratio",
"solvency target"
],
"definition": "Management's target solvency ratio / operating range (guidance)."
},
"Cash Remittance": {
"category": "kpis",
"id": "cash_remittance",
"group": "capital_management",
"unit": "currency",
"aliases": [
"net cash remittance",
"remittances",
"cash remittance from subsidiaries"
],
"definition": "Cash upstreamed from operating subsidiaries to the holding company."
},
"Remittance Ratio Basis Earnings": {
"category": "kpis",
"id": "remittance_ratio_basis_earnings",
"group": "capital_management",
"unit": "currency",
"aliases": [
"remittance ratio basis earnings",
"subsidiary adjusted earnings",
"prior year subsidiary adjusted earnings"
],
"definition": "Earnings figure used as the denominator for the remittance ratio. Company-specific (typically subsidiary adjusted/underlying earnings)."
},
"Cash Remittance Ratio": {
"category": "kpis",
"id": "remittance_ratio",
"group": "capital_management",
"unit": "%",
"aliases": [
"remittance ratio",
"cash remittance ratio",
"cash upstreaming ratio"
],
"definition": "cash_remittance / remittance_ratio_basis_earnings."
},
"Holding Company Cash": {
"category": "kpis",
"id": "holding_company_cash",
"group": "capital_management",
"unit": "currency",
"aliases": [
"holding company cash",
"closing cash balance",
"holding cash",
"cash at holding"
],
"definition": "Holding-company cash balance (period-end)."
},
"Dividends Paid": {
Line 1,391 ⟶ 1,845:
"id": "dividend_paid",
"group": "shareholder_payout",
"parent": "total_shareholder_payout",
"unit": "currency",
"aliases": [
"dividends",
"dividend paid",
"cash dividend"
],
"definition": "Total cash dividends paid in the period."
},
"Share Buy-backs": {
Line 1,401 ⟶ 1,858:
"id": "share_buyback",
"group": "shareholder_payout",
"parent": "total_shareholder_payout",
"unit": "currency",
"aliases": [
"buyback",
"share buyback",
"share repurchase"
],
"definition": "Cash spent on share repurchases in the period."
},
"Total Shareholder Payout": {
Line 1,411 ⟶ 1,871:
"id": "total_shareholder_payout",
"group": "shareholder_payout",
"unit": "currency",
"aliases": [
"total payout",
"dividends plus buybacks",
"total distribution"
],
"definition": "dividend_paid + share_buyback."
},
"TargetDividend Payout Ratio": {
"category": "kpis",
"id": "target_payout_ratiodividend_payout_ratio",
"group": "shareholder_payout",
"parent": "total_payout_ratio",
"unit": "%",
"aliases": [
"targetdividend payout ratio",
"payout targetratio"
],
"definition": "dividend_paid / payout_ratio_basis_earnings."
},
"Buyback Payout Ratio": {
"category": "kpis",
"id": "buyback_payout_ratio",
"group": "shareholder_payout",
"parent": "total_payout_ratio",
"unit": "%",
"aliases": [
"buyback payout ratio",
"share repurchase payout ratio"
],
"definition": "share_buyback / payout_ratio_basis_earnings."
},
"Total Payout Ratio": {
"category": "kpis",
"id": "total_payout_ratio",
"group": "shareholder_payout",
"unit": "%",
"aliases": [
"total payout ratio"
],
"definition": "total_shareholder_payout / payout_ratio_basis_earnings."
},
"Dividend Yield": {
Line 1,430 ⟶ 1,917:
"id": "dividend_yield",
"group": "shareholder_payout",
"parent": "shareholder_payout_yield",
"unit": "%",
"aliases": [
"dividend yield",
"div yield"
],
"definition": "dividend_per_share / share_price."
},
"Buyback Yield": {
Line 1,439 ⟶ 1,929:
"id": "buyback_yield",
"group": "shareholder_payout",
"parent": "shareholder_payout_yield",
"unit": "%",
"aliases": [
"buyback yield",
"repurchase yield"
],
"definition": "share_buyback / market_capitalization."
},
"Shareholder Payout Yield": {
Line 1,448 ⟶ 1,941:
"id": "shareholder_payout_yield",
"group": "shareholder_payout",
"unit": "%",
"aliases": [
"total payout yield",
"shareholder yield"
],
"definition": "dividend_yield + buyback_yield (= total_shareholder_payout / market_capitalization)."
},
"DividendTarget Payout Ratio": {
"category": "kpis",
"id": "dividend_payout_ratiotarget_payout_ratio",
"group": "shareholder_payout",
"unit": "%",
"aliases": [
"dividendtarget payout ratio",
"payout ratiotarget"
],
"definition": "Management's target dividend/total payout ratio (guidance)."
},
"TotalShare Payout RatioPrice": {
"category": "kpis",
"id": "total_payout_ratioshare_price",
"group": "shareholder_payoutequity_valuation",
"unit": "per_share",
"aliases": [
"totalshare payout ratioprice",
"stock price",
]
"price per share"
],
"definition": "Market price per share (specify period-end or average)."
},
"CashShares RemittanceOutstanding": {
"category": "kpis",
"id": "cash_remittanceshares_outstanding",
"group": "capital_managementequity_valuation",
"unit": "shares",
"aliases": [
"netshares cash remittanceoutstanding",
"remittancesperiod-end shares",
"number of shares"
"cash remittance from subsidiaries"
],
"definition": "Period-end ordinary shares outstanding (net of treasury)."
},
"HoldingAverage OperatingShares EarningsOutstanding": {
"category": "kpis",
"id": "holding_operating_earningsaverage_shares_outstanding",
"group": "capital_managementequity_valuation",
"unit": "shares",
"aliases": [
"holdingsweighted underlyingaverage earningsshares",
"holdingaverage companydiluted earningsshares"
],
"definition": "Weighted-average shares over the period."
},
"HoldingMarket Adjusted EarningsCapitalization": {
"category": "kpis",
"id": "holding_adjusted_earningsmarket_capitalization",
"group": "capital_managementequity_valuation",
"unit": "currency",
"abbreviation": "Mkt Cap",
"aliases": [
"market cap",
"holding adjusted earnings"
"market capitalization"
]
],
"definition": "share_price x shares_outstanding."
},
"SubsidiaryPrice Adjustedto Earnings": {
"category": "kpis",
"id": "subsidiary_adjusted_earningsprice_to_earnings",
"group": "capital_managementequity_valuation",
"unit": "x",
"abbreviation": "P/E",
"aliases": [
"P/E",
"subsidiary adjusted earnings",
"operating subsidiaries price/earnings",
"PE ratio",
]
"PER"
],
"definition": "market_capitalization / net_income_attributable_to_parent (or share_price / EPS)."
},
"Price to Book": {
"Prior-Year Subsidiary Adjusted Earnings": {
"category": "kpis",
"id": "prior_year_subsidiary_adjusted_earningsprice_to_book",
"group": "capital_managementequity_valuation",
"unit": "x",
"abbreviation": "P/B",
"aliases": [
"P/B",
"prior year subsidiary adjusted earnings"
"price/book",
]
"PB ratio"
],
"definition": "market_capitalization / shareholders_equity_group_share (or share_price / book_value_per_share)."
},
"CashTotal RemittanceShareholder RatioReturn": {
"category": "kpis",
"id": "remittance_ratiototal_shareholder_return",
"group": "capital_managementequity_valuation",
"unit": "%",
"abbreviation": "TSR",
"aliases": [
"remittance ratioTSR",
"cashtotal remittanceshareholder ratioreturn",
],
"cash upstreaming ratio"
"definition": "Share-price appreciation + dividends reinvested over a period (externally measured)."
]
},
"HoldingEarnings CashPer Share": {
"category": "kpis",
"idgroup": "holding_cashper_share",
"groupunit": "capital_managementper_share",
"abbreviation": "EPS",
"aliases": [
"closing cash balanceEPS",
"holdingbasic company cashEPS",
"cashdiluted at holdingEPS"
],
"definition": "Umbrella concept: earnings attributable to ordinary shareholders / weighted-average shares (IAS 33). Concrete stored rows: eps_basis_earnings (numerator), underlying_eps_basis_earnings (underlying numerator), underlying_earnings_per_share (underlying EPS)."
},
"SharesUnderlying OutstandingEPS": {
"category": "kpis",
"id": "shares_outstandingunderlying_earnings_per_share",
"group": "capitalper_share",
"unit": "per_share",
"aliases": [
"sharesunderlying outstandingEPS",
"underlying earnings per share",
"period-end shares",
"numberoperating of sharesEPS"
],
"definition": "underlying_eps_basis_earnings / average_shares_outstanding."
},
"AverageNet SharesIncome OutstandingPer Share": {
"category": "kpis",
"id": "average_shares_outstandingnet_income_per_share",
"group": "capitalper_share",
"unit": "per_share",
"aliases": [
"weightednet averageincome sharesper share",
"averagenet diluted sharesEPS"
],
"definition": "Reported basic EPS (IAS 33): net income attributable to shareholders / weighted-average shares.",
"spec_status": "deletion"
},
"ShareAdjusted PriceEPS": {
"category": "kpis",
"id": "share_priceadjusted_eps",
"group": "capitalper_share",
"unit": "per_share",
"aliases": [
"shareadjusted priceEPS",
"adjusted net income per share"
"stock price",
],
"price per share"
"definition": "adjusted_net_income / average_shares_outstanding.",
]
"spec_status": "deletion"
},
"MarketAdjusted CapitalizationUnderlying EPS": {
"category": "kpis",
"id": "market_capitalizationadjusted_underlying_eps",
"group": "capitalper_share",
"abbreviationunit": "Mkt Capper_share",
"aliases": [
"marketadjusted capunderlying EPS",
"marketadjusted capitalizationoperating EPS",
"underlying EPS ex-hybrid"
]
],
"definition": "adjusted_underlying_earnings / average_shares_outstanding.",
"spec_status": "deletion"
},
"Book Value Per Share": {
"category": "kpis",
"id": "book_value_per_share",
"group": "capitalper_share",
"unit": "per_share",
"abbreviation": "BVPS",
"aliases": [
Line 1,582 ⟶ 2,116:
"BV/share",
"book value per share"
],
"definition": "shareholders_equity_group_share / shares_outstanding."
},
"Tangible Book Value Per Share": {
"Operating EPS": {
"category": "kpis",
"id": "operating_earnings_per_sharetangible_book_value_per_share",
"group": "capitalper_share",
"unit": "per_share",
"abbreviation": "TBVPS",
"aliases": [
"operating EPSTBVPS",
"operatingtangible earningsbook value per share",
"tangible NAV per share"
]
} ],
"definition": "tangible_net_asset_value / shares_outstanding.",
"Adjusted Operating EPS": {
"categoryspec_status": "kpisproposed",
"id": "adjusted_operating_earnings_per_share",
"group": "capital",
"aliases": [
"adjusted operating EPS",
"underlying EPS"
]
},
"Net Income Per Share": {
"category": "kpis",
"id": "net_income_per_share",
"group": "capital",
"aliases": [
"net income per share",
"basic EPS",
"net EPS"
]
},
"Adjusted EPS": {
"category": "kpis",
"id": "adjusted_net_income_per_share",
"group": "capital",
"aliases": [
"adjusted EPS",
"adjusted net income per share",
"EPS"
]
},
"Dividend Per Share": {
"category": "kpis",
"id": "dividend_per_share",
"group": "capitalper_share",
"unit": "per_share",
"abbreviation": "DPS",
"aliases": [
"DPS",
"dividend per share"
],
"definition": "Declared/proposed dividend per share for the period (board-declared primitive)."
},
"Debt Gearing": {
"category": "kpis",
"id": "gearing",
"group": "capital",
"aliases": [
"gearing",
"leverage ratio",
"debt gearing"
]
},
"Return on Equity": {
"category": "kpis",
"id": "return_on_equity",
"group": "capitalreturns",
"unit": "%",
"abbreviation": "ROE",
"aliases": [
Line 1,651 ⟶ 2,155:
"RoE",
"return on equity"
],
"definition": "net_income_attributable_to_parent / roe_basis_average_shareholders_equity."
},
"OperatingUnderlying Return on Equity": {
"category": "kpis",
"id": "operating_return_on_equityunderlying_return_on_equity",
"group": "capitalreturns",
"abbreviationunit": "Operating RoE%",
"abbreviation": "Underlying RoE",
"aliases": [
"operatingunderlying RoE",
"operatingunderlying return on equity",
"operating RoE"
]
],
"definition": "underlying_earnings / roe_basis_average_shareholders_equity."
},
"Return on Tangible Equity": {
"Adjusted Operating RoE": {
"category": "kpis",
"id": "adjusted_operating_RoEreturn_on_tangible_equity",
"group": "capitalreturns",
"unit": "%",
"abbreviation": "RoTE",
"aliases": [
"adjusted operating RoERoTE",
"return on tangible equity"
"underlying RoE"
],
"definition": "net_income_attributable_to_parent / average tangible_net_asset_value.",
},
"spec_status": "proposed"
"Adjusted RoE": {
"category": "kpis",
"id": "adjusted_RoE",
"group": "capital",
"aliases": [
"adjusted RoE",
"adjusted return on equity",
"net income RoE"
]
},
"Net Written Premiums": {
"category": "kpis",
"group": "glossary",
"abbreviation": "NWP",
"aliases": [
"NWP",
"net premiums written",
"net written premium"
]
},
"Earnings Per Share": {
"category": "kpis",
"group": "glossary",
"abbreviation": "EPS",
"aliases": [
"EPS",
"basic EPS",
"diluted EPS"
]
},
"Total Shareholder Return": {
"category": "kpis",
"group": "glossary",
"abbreviation": "TSR",
"aliases": [
"TSR",
"total shareholder return"
]
},
"Assets Under Management": {
"category": "kpis",
"group": "glossary",
"abbreviation": "AUM",
"aliases": [
"AUM",
"assets under management"
]
},
"Net Asset Value": {
"category": "kpis",
"group": "glossary",
"abbreviation": "NAV",
"aliases": [
"NAV",
"net asset value"
]
},
"Embedded Value": {
"category": "kpis",
"group": "glossary",
"abbreviation": "EV",
"aliases": [
"EV",
"MCEV",
"market consistent embedded value"
]
},
"Investment Income": {
"category": "kpis",
"group": "glossary",
"aliases": [
"investment return",
"investment result",
"investment income"
]
},
"Underwriting Result": {
"category": "kpis",
"group": "glossary",
"abbreviation": "UW result",
"aliases": [
"UW result",
"underwriting profit",
"underwriting income"
]
},
"Price to Book": {
"category": "kpis",
"group": "glossary",
"abbreviation": "P/B",
"aliases": [
"P/B",
"price/book",
"PB ratio"
]
},
"Price to Earnings": {
"category": "kpis",
"group": "glossary",
"abbreviation": "P/E",
"aliases": [
"P/E",
"price/earnings",
"PE ratio",
"PER"
]
},
"Property \u0026 Casualty": {
Retrieved from "https://www.insurerbrain.com/wiki/Data:Term_map.json"