Qu'est-ce que Taux de Lapse ?
Taux de Lapse The percentage of insurance policies that are allowed to expire or are not renewed by policyholders within a specified period.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Taux de Lapse” Used in Practice?
Un taux de lapse élevé peut compromettre la rentabilité de l’assureur et influencer les projections actuarielles futures.
Certification Exam Relevance
Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Qu'est-ce que Taux de Lapse ?
The percentage of insurance policies that are allowed to expire or are not renewed by policyholders within a specified period.
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