Glossary
- Rating
A rating is an evaluation on a scale of the creditworthiness of a debtor (countries, companies, etc.) often carried out by a specialised rating agency. Also see Standard & Poor's.
- Reinsurance
Reinsurance is when an insurance company insures a portion of its risk with another insurance company.
- Retained Earnings
Retained earnings are the profits generated by the company that have not been distributed as dividends.
- Return on equity
Profit before taxes divided by average shareholders’ equity (less revaluation reserve), calculated using values at the beginning and end of the year.
- Return on Equity
Verhältnis von Ergebnis vor Steuern zu durchschnittlichem Eigenkapital (abzüglich Neubewertungsrücklage) aus dem Stand am Jahresanfang und Jahresende.
- RoE
Profit before taxes divided by average shareholders’ equity (less revaluation reserve), calculated using values at the beginning and end of the year.