Performance Measurement

  • Marcus Kriele
  • Jochen Wolf
Part of the EAA Series book series (EAAS)


We present various notions of risk adjusted performance and show their applicability and their limits. These measures include the economic value added, return on capital, risk adjusted return on capital, and return on risk-adjusted capital. The concept of a “hurdle rate” gives a quantitative criterion as to whether a certain endeavor is worth undertaking. We also discuss value based performance concepts. Key performance indicators are introduced to provide practical performance measures that are tailored to the company at hand.


Cash Flow Life Insurance Risk Capital Equivalent Martingale Measure Hurdle Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag London 2014

Authors and Affiliations

  • Marcus Kriele
    • 1
  • Jochen Wolf
    • 2
  1. 1.HobokenUSA
  2. 2.Fachbereich Mathematik und TechnikHochschule KoblenzRemagenGermany

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