Embedded Value definition

Embedded Value means, with respect to any Option, as of any date, the excess of (i) the Option Price then in effect over (ii) the Fair Market Value on that date.
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Embedded Value means the present value of (a) projected future investment earnings on the Ceded Reserves, determined based on the asset portfolio as of the date as of which the calculation is made, minus (b) the Quota Share of projected future Claims, minus (c) future Policy Expenses, each determined (i) from the date as of which the calculation is made to the date on which no Reinsured Policy is projected to be outstanding, (ii) based on the pricing assumptions and policy decrements for the Reinsured Policies and Reinsured Liabilities as used by the Ceding Company and the Reinsurer on the Effective Date and (iii) based on a discount rate equal to ten percent (10%); provided, however, that the Embedded Value shall in no event be less than zero (0).
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Embedded Value means the present value of (a) projected future investment earnings on the Ceded Reserves, determined based on the asset portfolio as of the date as of which the calculation is made, m inus (b) the Quota Share of projected future Claims, m inus (c) future Policy Expenses, each determined (i) from the date as of which the calculation is made to the date on which no Reinsured Policy is projected to be outstanding, (ii) based on the pricing assumptions and policy decrements for the Reinsured Policies and Reinsured Liabilities as used by the Ceding Company and the Reinsurer on the Effective Date and (iii) based on a discount
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Examples of Embedded Value in a sentence

  • Embedded Value (EV) is an actuarially determined estimate of the economic value of the life insurance business of an insurance company based on a series of assumptions about future experience.

  • The disclosure of these EV Results, together with a description of the methodology and assumptions that have been used, are shown in the Embedded Value section.

  • TPL has adopted the best estimate approach in setting the assumptions used in the calculation of its Embedded Value and New Business Value.

  • Other than updating for recent experience, all other economic and non-economic assumptions and methodologies that would have a material impact on the margin for these contracts are unchanged from those previously used by the group for its European Embedded Value reporting, other than the cost of currency hedging which has been updated to reflect current market conditions and hedging activity in light of Solvency II.

  • The “Terminal Settlement” shall consist of (i) the Quarterly Net Settlement Amount for the Terminal Accounting Period, and (ii) the Embedded Value Payment with respect to the then in-force Covered Insurance Policies as of the Recapture Effective Date.

  • This result is deemed more comparable to our UK insurers who publish European Embedded Value (EEV) than market consistent embedded value.The expected release of future profits and required capital is shown in five-year groups.

  • In connection therewith, the Ceding Company shall deliver to the Reinsurer, within forty-five (45) calendar days following the Recapture Effective Date, a statement (the “Terminal Settlement Statement”) setting forth the Ceding Company’s computation of the Terminal Settlement, including a good faith calculation of the Embedded Value Payment.

  • If the Embedded Value Payment is negative, the absolute value of such negative amount shall be paid by the Reinsurer to the Ceding Company as part of the Terminal Settlement.

  • Embedded Value is an actuarially determined estimate of the economic value of a life insurance business based on a particular set of assumptions as to future experience, excluding any economic value attributable to future new business.

  • They are defined as follows: • Embedded Value (“EV”): this is the sum of the Adjusted Net Worth and Value of In-Force Business as at the valuation date; • Adjusted Net Worth (“ANW”): this is the market value of the assets in excess of the assets supporting the policy reserve and other liabilities as at the valuation date attributable to shareholders.


More Definitions of Embedded Value

Embedded Value means the per share price equal to the Merger Consideration less the applicable exercise price per share. -------------------------------------------------------------------------------------------------- --------------------------- /1/Vesting in 3 equal tranches on 2/19/00, 2/19/01 and 2/19/02 /2/Vesting in 3 equal tranches on 7/29/00, 7/29/01 and 7/29/02 /3/Vesting in 3 equal tranches on 2/19/00, 2/19/01 and 2/19/02 -------------------------------------------------------------------------------------------------- Invested Equity of the Recapitalized The invested equity (i.e., before any dilution Company: for financing sources), including the management rollover of stock and options, is assumed to be $70 million (subject to change at Xxxx'x discretion), split among Class L Common stock and Class A Common stock as follows: # shares Dollars -------- ------- Class L 2mm $63mm Class A 18mm $7mm The following splits imply per share prices for the Class L Common and Class A Common of $31.50 and $0.39 per share, respectively (as so adjusted for any overall change in the aggregate invested equity account of the recapitalized Company, hereafter referred to as the "Deal Prices"). Shares of common stock will be rolled over proportionately into shares of Class L Common and Class A Common. -------------------------------------------------------------------------------------------------- Treatment of Rollover Stock Options: The existing stock options to be rolled over (the "Rollover Options") will be rolled over into new stock options with an aggregate in the money value equal to the aggregate Intrinsic Value. The Rollover Options will be split proportionately between options for Class L Common and Class A Common, respectively (10% for shares of Class L Common (representing 90% of the Intrinsic Value) and 90% for shares of Class A Common (representing 10% of the Intrinsic Value), at exercise prices equal to 25% of the respective Class L Common and Class A Common Deal Prices. -------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------- Upon the consummation of the transactions contemplated by the Merger Agreement (the "Transactions"), the vesting of the Rollover Options shall be accelerated (starting with options vesting on 7/29/02 and working back chronologically in time) to vest on such date up to the point (and not in excess thereof...
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Related to Embedded Value

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Contribution Value means the fair market value as reasonably determined by the General Partner of property (other than cash) contributed by a Partner to the Partnership (net of liabilities secured by such contributed property that the Partnership is treated as assuming or taking subject to pursuant to the provisions of Section 752 of the Code).

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows: