Glossary
- Rating
A rating is an evaluation of the creditworthiness of a debtor (countries, companies and so on) often carried out by a specialised rating agency. The evaluation is expressed as a kind of grading. It is very similar to a school grading system. The ratings of the agencies have different grading systems and symbols.
- 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. See also "Return on Equity".