GIRO 2023: Workshop E5: Non-life share price forecasting using company financials

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 
Speaker: Richard Shaw, Consultant