Word associations Flashcards
1
Q
Smooth bonus
A
- BSR (funding level)
- Smoothing level/extent
- PPFM
- PRE
- Vesting vs non-vesting
- Terminal vs regular
- Final and interim bonuses
- Competitors
- Investment strategy
- Free assets
- Asset share
2
Q
Free assets
A
- Solvency ratio, SCR
- Cushion
- Size
- Asset mix
- NBS
- Risky inv strategy –> higher bonuses
- Lower need for RE
- Higher risk appetite
- expand/buy other insurers