Introduction
Key-person or keyman life insurance is a vital part of business risk management, ensuring financial stability in the event of the loss of essential personnel. Accurate valuation of these policies is crucial for fulfilling financial reporting requirements and maintaining transparent financial statements. Our specialized services offer comprehensive valuations tailored to meet the rigorous demands of financial reporting standards.
Our Services
Policy Review
Detailed examination of the key-person life insurance policy, including coverage amount, premium payments, and policy terms.
Financial Impact Assessment
Analysis of the financial implications of the policy on your business, considering factors like cash value, potential payouts, and death benefits
Data Analysis
Our services include performing data analysis on relevant mortality rates (usually published by the local Census or Statistic Department), interest rates and credit adjustments
Compliance with Financial Reporting Standards
Adherence to IFRS and GAAP
Ensuring that the valuation complies with International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP).
Periodic Valuations
Offering regular valuation updates to reflect changes in the policy, market conditions, and circumstances.
Why People Choose Valtech for Valuation of Investment in Life Insurance Contract?
Expertise and Experience.
Valtech Valuation’s model is developed by a team of valuation specialists. Our team has academic backgrounds in Master of Finance, Master of Statistics, Quantitative Finance, CPA (HKICPA) and CFA graduated from the renowned universities. The development team’s qualification includes CPA, CFA, FRM, MRICS and ABV (AICPA). Valtech is ISO-9001 Certified in Valuation Advisory. We also work with qualified actuary (fellow) to enhance the reasonableness of our actuarial model regularly.
Some client references:
A public construction company purchase life insurance policies for its key executives
A listed company in construction and engineering sector
Ensure your key-person life insurance policy is accurately valued and compliant with financial reporting standards. Contact us today.
About Valtech Valuation
Valtech Valuation is a professional valuation firm accredited with ISO-9001 in valuation advisory services. The firm is renowned for its expertise in advanced valuation techniques, customized valuation models, data-driven insights, and adherence to compliance and reporting standards. The firm has a solid track record in valuation advisory for listed companies, private equity, fund managers, and financial institutions. Valtech’s qualified team comprises members with PhDs, CPA (HKICPA), CFA, Chartered Valuation Surveyors of the Royal Institution of Chartered Surveyors, and valuers accredited with Business Valuation (ABV) by AICPA and CVA qualifications in Singapore. Valtech continues to expand into more markets by leveraging its valuation platform and recruiting local experts.
