New regular IVC announcement on market risk premium

We are proud to be able to publish a new IVC announcement on the current level of the market risk premium in time for the peak of the annual impairment test season. We are currently observing a certain degree of uncertainty among financial statement preparers as to which market risk premium should be used as the basis for the annual impairment test. This uncertainty is partly shaped by the fact that the German capital market has currently decoupled itself to some extent from developments in global markets and is showing increased implied returns. Our analysis shows that this is a specific feature of the German market. The European and international markets uniformly show a decline in the market risk premium to a range of 6.5 – 7.0%. We would be pleased if our compilation of capital market data helps you to base your considerations on the derivation of your personal assessment. Our capital market experts are always available for in-depth discussions.

IVC-Update-Marktrisikopraemie-Dezember-2022