Share of the insurer's assets attributable to that policy. In other words, it is the asset that a policyholder has built up in an insurance company. The asset share value is calculated as the amount the policyholder has paid in premiums, less the cost of insurance and other expenses to the insurance company.
Asset Categorization is a process for systematic segregation of the assets into various groups, based on the nature of the assets, by application of the accounting rules so as to make proper accounting under each group. The groups are later consolidated at the financial statement level for the purpose of reporting.
Asset Libraries are virtual spaces where you can create and store reusable assets. You can create as many of these spaces as needed to group together content for departments, teams, or even individual products and campaigns. Each Library is created at the instance level and can be connected to multiple Sites, so your Users can develop and manage assets in each Library instead of within individual Sites. Supported applications include Web Content, Documents and Media, and Collections. Asset Libraries work under the same permission management system as other applications, so you can configure who can create or access assets in a Library and determine the channels where those assets are accessible.