Glossary beginning with P

Payaut ratio

Dividend payout ratio, in other words the quotient of the dividend paid and the company’s net result stated as a percentage.

Profit margin in group and continued insurance

Indicator calculated as the ratio of the result to gross written premium in the group and individually-continued insurance segment, net of one-off effects such as, for instance, the conversion effect, namely the conversion of long-term contracts into short-term contracts (according to Polish Accounting Standards) and changes to technical rates, namely the rate used to discount technical provisions.