Friday, February 27

Chesnara updates financial reporting framework


Chesnara updates financial reporting framework
Chesnara updates financial reporting framework Proactive uses images sourced from Shutterstock

Chesnara PLC (LSE:CSN), the life insurance consolidator, has overhauled its financial reporting framework, introducing two new performance measures while phasing out six existing ones.

The company is adding operating capital generation and adjusted operating profit to its core metrics, anchored around the pillars of cash, capital and value.

Six measures, including group base cash generation and economic value, will be de-emphasised, though Chesnara said it would continue to disclose them in its annual reports.

Chesnara is hosting a presentation, with materials available at chesnara.co.uk.



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