What is Taux de Lapse?
In this glossary, Taux de Lapse refers to: The percentage of insurance policies that are allowed to expire or are not renewed by policyholders within a specified period.
How is Taux de Lapse used in finance?
In finance communication, this term appears in contexts such as: "Un taux de lapse élevé peut compromettre la rentabilité de l’assureur et influencer les projections actuarielles futures."
Why does Taux de Lapse matter in finance?
Taux de Lapse matters because it supports clear communication in Insurance contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Taux de Lapse?
Taux de Lapse is mainly used by Financial Analysts, Bankers, and Traders.
What category does Taux de Lapse belong to?
In this glossary, Taux de Lapse is grouped under Insurance. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.