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  • Date : Mon Jan 13, 2020
  • news code : 3275
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Scientific Lecture on Introduction of an Operational Framework for Extracting Economic Indices of Insurance Industry

In this lecture, the economic indices were introduced as a tool for providing an important part of the key indicators in evaluating a firm performance. Hence, an operational framework to extract these indices for our country's insurance industry were elaborated in the lecture given by Abolfazl Khavarinejad, according to PRAIO report.


The methods embedded in this framework are fully standardized and the results were validated in various ways. The extracted economic indices are: Output Value, Value Added, Operational Surplus, Initial Income, Savings, Capital Formation, Net lending / borrowing, Financial Investment based on a variety of Financial Instruments.

It is noteworthy to mention that in addition to the performance indicators, these indices can also be used to produce other important economic indices such as productivity indices.

 

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