What is Tingkat Lapse?
In this glossary, Tingkat 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 Tingkat Lapse used in finance?
In finance communication, this term appears in contexts such as: "Tingkat lapse yang tinggi dapat merusak profitabilitas penanggung dan memengaruhi proyeksi aktuaria untuk bisnis masa depan."
Why does Tingkat Lapse matter in finance?
Tingkat 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 Tingkat Lapse?
Tingkat Lapse is mainly used by Financial Analysts, Bankers, and Traders.
What category does Tingkat Lapse belong to?
In this glossary, Tingkat 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.