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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Persistency

Fundamental analysis

The share of a life insurer's policies still being paid at set intervals after sale.

In plain terms

Embedded value assumes policies run their full term. Strong VNB growth alongside falling persistency is value being reported that will never be collected.

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Indian stock market glossary · Market Vidyalaya