Number of policies belonging to the organization’s clients that could have been renewed during the reporting period.
Organizations should footnote specific criteria resulting in expired policies’ ineligibility, as well as all assumptions used. See usage guidance for further information.
This metric is intended to capture the number of expired policies that could have been renewed during the reporting period (whether they were or not). Organizations should exclude policies that became ineligible for renewal due to clients’ old age, death, or any other reason during the reporting period. Organizations should footnote any criteria that result in ineligibility.
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
Immaterial change. Minor revision to definition language for clarity.
March 2014 - IRIS v3.0 Released
New metric. Number of Potential Renewals (PI3069) was developed via the Microinsurance Network.
IRIS Metrics Work Better in Sets
To use IRIS metrics—and the resulting data—to understand impact performance, IRIS metrics should be used and analyzed in generally accepted sets and according to well-defined objectives. IRIS+ gives you access to generally accepted Core Metrics Sets aligned to common Impact Themes and Sustainable Development Goals (SDGs).