Connie Wong (Standard & Poor's) - Singapore College of Insurance
Connie Wong (Standard & Poor's) - Singapore College of Insurance
Connie Wong (Standard & Poor's) - Singapore College of Insurance
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Operational Analysis – Nonlife<br />
‣ Return on revenue (ROR)<br />
Identifies the degree to which the company is able to convert<br />
the insurance business into pr<strong>of</strong>its<br />
‣ Return on equity (ROE)<br />
Identifies the value relative to the invested capital represented<br />
by a company’s pr<strong>of</strong>its – its pr<strong>of</strong>itability<br />
‣ Return on assets (ROA)<br />
Alternative measure <strong>of</strong> pr<strong>of</strong>itability, more useful in comparisons,<br />
especially where A capital gains strategy is employed (use in life<br />
insurance mainly)<br />
CONFIDENTIAL AND PROPRIETARY.<br />
19. August Permission 2005 to reprint or distribute any content from this presentation requires the written approval <strong>of</strong> <strong>Standard</strong> & Poor’s.
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