6.1.Ferrari

Card Set Information

Author:
Exam9
ID:
68277
Filename:
6.1.Ferrari
Updated:
2011-02-22 21:35:20
Tags:
Ferrari
Folders:

Description:
Ferrari
Show Answers:

Home > Flashcards > Print Preview

The flashcards below were created by user Exam9 on FreezingBlue Flashcards. What would you like to do?


  1. Ferrari Total Return Basic Equation
    • T/S = (I/A)(1 + R/S) + (U/P)(P/S)
    • Total return is driven by both investment return on assets and UW profitability relative to premium
  2. Ferrari Role of Reserves as Source of Investable Capital
    T/S = (I/A) + (R/S)(I/A + U/R)
  3. 3 specific examples of relationship btwn ratios in Ferrari
    • Incr in P/S ratio will likely lead to lower investment return on assets
    • P/S ratio will move in the same direction as UW profit
    • UW profits and investment return on assets will move in the same direction

What would you like to do?

Home > Flashcards > Print Preview