Transcription of 2017年度末ヨーロピアン・エンベディッド・バ …
1 European embedded value .. 7,942 8,355. EEV. 8,000 5,958. 3,892. 3,537. 6,000 . 1,885. 4,000. 4,072 4,404 4,463 . 2,000. 0. 2015 2016 2017 .. 0 TEL 03-5539-8309. TEL 03-5539-8348.. 2. 1-1.. 2. 1-2.. 2. 1-3.. 2. 1-4.. 2.. 3. 2-1.. 3. 2-2.. 3. 2-3.. 3. 2-4.. 4.. 5.. 7. 4-1.. 7. 4-2.. 8.. 9.. 11..14..15. 1.. 1-1.. embedded value .. 1-2.. 2004 5 . 2005 10 2016 5 . EEV EV 2016 .. 1-3.. The European Insurance CFO Forum Market Consistent embedded value Principles 1 . 1-4.. 1 C Stich ing CFO Forum Foundation 2008. Copyright . 2.. 2-1.. 2017 8,355 413 . 58 4,463. 354 3,892 .. 2016 2017 . 7,942 8,355 413. 4,404 4,463 58. 3,537 3,892 354. 473 474 0.
2 2-2.. 2016 2017 . 4,404 4,463 58. 1 1,853 1,870 17. 315 328 13. 59 68 8. 4 4 0. 0 0 0. 3,137 3,174 36. 26 27 0. 2 2 0. 992 1,008 16. ( 1) . 2-3.. 2016 2017 . 3,537 3,892 354. 4,959 5,302 342. 800 716 84. 77 87 9. 544 606 62. - .. 3. - .. - .. - .. 2-4.. 2016 2017 . 473 474 0. 338 383 44. 812 857 44. 965 975 9. 45 9 36. 5 3 1. 102 105 2.. 2016 2017 . 473 474 0. 6,774 5,063 1,710. - . - . 4.. 2016 2017 .. 2016 ( ) 4,404 3,537 7,942. 1 EEV 30 30. 2016 ( ) 4,374 3,537 7,912. 2 383 857 474. 3 6 84 77. 4 2 9 12. 5 9 9 . 6 65 93 27. 7 115 115. 8 419 396 22. 9 . 10 . 2017 ( ) 4,463 3,892 8,355. 1 EEV . 2017 . 2 . ( ) . 3 .. 4 .. ( ) 6-1-3 .. 5 . ( ).
3 5. 6 .. 7 . (2018. ) .. 8 . ( ) .. 9 .. 10 .. 6.. 4-1.. 2017 8,355 . 1 50bp 9,061 705. 2 50bp 7,340 1,015. 3 10 8,317 38. 4 10 8,608 252. 5 10 8,283 72. 6 5 8,747 392. 7 5 8,354 1. 8 8,355 0. 25 . 9 8,131 224. 25 . 10 8,413 57. 1 3 4 10 .. 1 50bp 1,510. 2 50bp 1,668. 3 10 38. - 1. 50bp( ) .. - 2. 50bp 0%.. - 3. 10 . - 4. 10 . - 5. 10 . 7. - 6. 5 . - 7. 5 . - 8. 25 .. - 9. 25 .. - 10. 200 . 4-2.. 2017 474 . 1 50bp 509 35. 2 50bp 426 47. 3 10 474 0. 4 10 497 23. 5 10 486 12. 6 5 512 38. 7 5 474 0. 8 474 0. 25 . 9 470 3. 25 . 10 476 2. 4-1.. 8.. 5-1.. EEV .. 5-2.. - .. - . 5-6 .. 5-3.. 5-4.. 5-5.. 6-1-2.. - .. 9. - .. - .. 5-6.. 600 . 2016 773 2017 842.
4 3,631 3,621 .. 5-7.. - . - .. 5-8.. 10.. 6-1.. 6-1-1.. 40 .. 1 2 3 4 5 10 15 . 2017 2016 20 25 30 35 40 45 50 . 2017 2016 . 6-1-2.. Hull-White .. 5,000 .. ) .. 2016 2017 .. 5 5 5 7 5 10 7 5 7 7 7 10 10 5 10 7 10 10 Bloomberg . 11.. 2016 2017 . 225 3 4 5 Markit .. 2016 2017 . 5 5 Bloomberg .. 10 .. 2017 .. / / / / / / .. / .. / .. / .. / .. / .. / . / Bloomberg / . 12. 6-1-3.. 1 . 1 . 1 . 1 . 1 . 2016 .. 6-2.. 6-2-1.. 2019 10 1 8 10 .. 6-2-2.. 6-2-3.. 2017 . 2018 . 13.. 2018 3 31 . 2018 3 31 . 2017 2017 .. 14.. 2016 1 .. EEV .. 600% .. 15.. 16.
