Portfolio Valuation
Owning a portfolio of life insurance policies carries with it several responsibilities.
For those investors with a need to report regularly on the performance of their
portfolio, one of those responsibilities is to develop a valuation methodology which
can be applied consistently to the portfolio and then report that valuation information
to their target audience.
We can help you in both aspects. If you do not have an established valuation methodology
developed, we work with you and with your external professional advisers to develop
an agreed valuation methodology. This document will specify the frequency of valuation,
the process used to determine any change in value in each life insurance policy
within your portfolio, and the party responsible for conducting that valuation.
It may also specify to whom the valuation should be reported and how it will be
reported - as well as any procedures required to audit the valuation.
If you are working with an investment vehicle, you may be required to use a third
party to conduct portfolio valuations. We will work with you to convert the agreed
valuation methodology into a working valuation model. We will then deploy this model
and will report the output to you through ClariNet™ as and when required. ClariNet™
allows for valuation reports to be customized to your requirements; you might choose
to have a set of raw policy information exported as a CSV file for your risk management
team, while offering your senior management a summary of the information, presented
as tables and charts within a PDF document.