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Definition of Value of Business in Force - Finance dictionary

Value of Business in Force

Business in force corresponds to all of the insurance policies for which premiums are being paid or have been paid. It amounts to the portfolio of active policies. In life insurance, the VBI corresponds to the discounted value of expected future profits. No goodwill or value of newly acquired business is taken into account.

Value of Business in Force

Business in force corresponds to all of the insurance policies for which premiums are being paid or have been paid. It amounts to the portfolio of active policies. In life insurance, the VBI corresponds to the discounted value of expected future profits. No goodwill or value of newly acquired business is taken into account.

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Definitions of terms begining with the same letter as "Value of Business in Force " :

VAR
VBI
VWAP
Value
Value Date
Value added
Value and financial securities
Value at risk
 Value creation
Value drivers
Value of Business in Force
Value stock
Value-added tax (VAT)
Variable costs
Variance
Variance Swap
Vega
Venture capital
Volatility
Volatility - bonds
Volatility - dividends
Volume growth
Volume-weighted average price
Vulture fund

Value of Business in Force

Business in force corresponds to all of the insurance policies for which premiums are being paid or have been paid. It amounts to the portfolio of active policies. In life insurance, the VBI corresponds to the discounted value of expected future profits. No goodwill or value of newly acquired business is taken into account.

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