Summary: |
| This paper summarises how the life industry’s approach to capital allocation is changing and sets out a capital allocation framework based on economic value. The paper then goes on to discuss the internal measurement of value. This is illustrated with a case study drawn from the experience of Standard Life in implementing a capital management framework, including a consideration of how performance can be measured. The paper concludes with a discussion of the benefits and challenges of implementing a capital allocation framework. |
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| Date: 2 June - Time: 8:30 to 10:00 - Room: 341 |
| Theme: 9.A. Various topics |
