Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!
Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht)
value arrived at using mathematical methods for future liabilities (usually prospectively as present value of future liabilities minus present value of future incoming premiums), primarily in life and health insurance (that is transacted in a similar way to life insurance).
Book value per share
shareholders’ equity divided by the number of shares outstanding