Sharpe decision

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<title>Sharpe decision</title>
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<abstract displayLabel="Summary">Insurance companies often find it difficult to judge the relative usefulness' of a proposed new investment. Risk-adjusted return' is probably the most familiar concept, but is often calculated from an asset-only perspective. Another one is the return on regulatory capital', but it tends to punish equities and promote an artificially high solvency ratio at the expense of long-term growth.</abstract>
<note type="statement of responsibility">Ziling Jiang</note>
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<topic>Mercado de seguros</topic>
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<topic>Empresas de seguros</topic>
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<topic>Rendimiento</topic>
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<topic>Inversiones</topic>
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<topic>Solvencia</topic>
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<title>The Actuary : the magazine of the Institute & Faculty of Actuaries</title>
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<publisher>London :  Redactive Publishing, 2019-</publisher>
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<identifier type="local">MAP20200013259</identifier>
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<text>01/09/2020 Número 8 - septiembre 2020 , p. 36-37</text>
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