Valuing an Insurance Company
Michael Yarmish
![Michael Yarmish]()
Michael Yarmish
I help Insurers, Reinsurers, and Investors unlock hidden value by leveraging existing insurance and investment risks to drive extraordinary profit growth.
Equity in insurance companies worldwide exceeds $1 trillion and represents a unique asset class that is only partially correlated with the capital markets. Understanding how insurance companies are valued is vital if we are to take proper advantage of this unique asset.
In the following series of 3 articles, we discuss traditional valuation methods for non-financial companies and how insurance companies require a unique approach.
In this first article, we compare and contrast non-financial companies and insurance companies in terms of how they earn money and then discuss traditional company valuation.
In the second and third articles, we divide our core discussion of insurance company valuation into its two approaches, the Market or Multiples Approach and the Fundamental Approach.
Feel free to comment or post questions. I would love to hear from you!
Occupational Therapist Driving Wellness Through Neuroscience and Burnout Prevention I Founder and CEO of Hands On Approaches I Creator of Transcend?? Community
4 年Fascinating!!! Wow. Excellent analysis. Thank you
Partner at Korsinsky & Klein, LLP
5 年Excellent analysis Michael.