Sources of Earnings Analysis for Life Insurance Companies - An Introduction

Sources of Earnings analysis which is also called Earnings by Source is an alternative way to look at at the earnings of a life insurance company. It provides insight into how the earnings are generated. SOE is not required under International Financial Reporting Standards (IFRS). However, Canadian life insurance companies regularly report it in their annual report on a format prescribed by OSFI (Office of the Superintendent of Financial Institutions. This book provides a brief introduction to the concept of SOE analysis so that more companies could appreciate its benefits as a powerful management tool. Examples compare and contrast SOE and Income Statement.