简介：The core of the presentation that I propose treats about the application of principal component analysis for the estimation of the future earnings of the Segregated Funds. The Segregated Funds are the pools of assets which have been using in the Italian Insurance Market since mid 80’s for managing the “with profit” business, also known as business with “discretionary participation feature” according to IFRS4 since the income attributable to the policyholders is composed by the net realised gains less a fee and by a minimum guarantee,if any.
简介：The core of the presentation that I propose treats about the application of principal component analysis for the estimation of the future earnings of the Segregated Funds. The Segregated Funds are the pools of assets which have been using in the Italian Insurance Market since mid 80’s for managing the “with profit” business, also known as business with “discretionary participation feature” according to IFRS4 since the income attributable to the policyholders is composed by the net realised gains less a fee and by a minimum guarantee,if any.