This workshop will explore the different methods that can be used to value the equity of a non-life insurer for the purposes of determining a target share price.
These methods are being typically adopted by sell-side equity analysts working within equity research houses for the purposes of buy, hold, and sell recommendations.
Topics include:
- simple multi-year models to project the financials (P&L, balance sheet, cashflow) of a company
- simple multi-year models to project the required capital and solvency ratios
- advantages and disadvantages of each of the equity valuation methods
- explanation of how the above are interrelated discussion of top-down versus ground-up models and
- how to reconcile the 2 how company financials, solvency, and share price projections respond to multi-year scenarios