【出版时间及名称】：2010年2月欧洲保险行业研究报告
        【作者】：汇丰银行
        【文件格式】：PDF
        【页数】：182
        【目录或简介】：
Investment summary 1
The valuation debate 10
Cash flow multiples 15
Calculating life operating cash
flows 19
IFRS earnings multiples 27
Solvency 36
Admiral 40
AEGON 45
Allianz 50
Aviva 55
AXA 61
Baloise 66
Banca Generali 71
CNP 74
Euler Hermes 80
Fondiaria-Sai 85
Generali 90
Hannover Re 96
ING 102
Legal & General 108
Mediolanum 113
Munich Re 117
Prudential 124
RSA Insurance 130
Scor 135
Standard Life 141
Swiss Life 147
Swiss Re 152
Vienna Insurance Group 159
Zurich Financial Services 164
Appendix 1: Valuation
methodology 170
Appendix 2: Full-year results
calendar 173
Disclosure appendix 176
Disclaimer 179