What is Taux de persistance?
In this glossary, Taux de persistance refers to: A measure of the proportion of insurance policies remaining in force without lapsing or being surrendered over a specified period. A high persistency rate indicates policyholder retention and business stability.
How is Taux de persistance used in finance?
In finance communication, this term appears in contexts such as: "L’assureur a déclaré un taux de persistance de 92 % pour son portefeuille d’assurance vie individuelle au dernier trimestre."
Why does Taux de persistance matter in finance?
Taux de persistance 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 persistance?
Taux de persistance is mainly used by Financial Analysts, Bankers, and Traders.
What category does Taux de persistance belong to?
In this glossary, Taux de persistance 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.