Hyderabad 9652220840 seshi.jonnala@zetasys.in

KPIs we cover in Banking & Insurance

Average sum deposited in new deposit accounts

Average sum deposited in new deposit accounts.

% of claims where initial liability decision is not made within statutory time frame

Percent of claims where the initial liability decision is not made within the statutory time frame.

Loss Ratio (%)

The ratio of claims to premiums. It may be calculated in several different ways, using paid premiums or earned premiums, and using paid claims with or without changes in claim reserves and with or without changes in active life reserves.

Claims solvency (%)

Insurance companies’ ability to pay the claims of policyholders.

% overdue claims

Percentage of overdue claims.

% of fraudulent insurance claims

Percentage of fraudulent insurance claims.

Tier 1 capital

Tier 1 capital is the core measure of a bank’s financial strength from a regulator’s point of view. It consists of the types of financial capital considered the most reliable and liquid, primarily Shareholders’ equity. Examples of Tier 1 capital are common stock, preferred stock that is irredeemable and non-cumulative, and retained earnings.

Average insurance policy size

Average insurance policy size of policies closed within measurement period.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *