Word associations Flashcards

1
Q

Smooth bonus

A
  1. BSR (funding level)
  2. Smoothing level/extent
  3. PPFM
  4. PRE
  5. Vesting vs non-vesting
  6. Terminal vs regular
  7. Final and interim bonuses
  8. Competitors
  9. Investment strategy
  10. Free assets
  11. Asset share
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2
Q

Free assets

A
  1. Solvency ratio, SCR
  2. Cushion
  3. Size
  4. Asset mix
  5. NBS
  6. Risky inv strategy –> higher bonuses
  7. Lower need for RE
  8. Higher risk appetite
  9. expand/buy other insurers
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