IndiaInsurance
15th July 2010, 04:49 AM
In a first of its kind, HDFC Standard Life Insurance has put a value of Rs 3,380 crore on itself as on March 31, 2010. The company has followed market consistent embedded value (MCEV) method to calculate the valuation. The embedded value (EV) of a life insurance company is the present value of future profits plus adjusted net asset value. It is constructed from the field of actuarial science which allows insurance companies to be valued. The valuation comprises Rs 670 crore on account of shareholders adjusted networth and Rs 2,710 crore for the business in force. Meanwhile, the company ...
More... (http://in.biz.yahoo.com/100714/50/bavya9.html)
More... (http://in.biz.yahoo.com/100714/50/bavya9.html)