Number of policies belonging to the organization’s clients that could have been renewed during the reporting period.
Number of Potential Renewals (PI3069)
- Reporting Format Unit Referenced within Metric Definition
- Metric Type Metric
- Metric Level Product/Service, Organization
- IRIS Metric Citation IRIS, 2021. Number of Potential Renewals (PI3069). v5.2.
Footnote
Organizations should footnote specific criteria resulting in expired policies’ ineligibility, as well as all assumptions used. See usage guidance for further information.
Usage Guidance
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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.
Impact Categories & Themes
SDG Goals & Targets
No Poverty
- SDG Target 1.5
- SDG Target 1.4
Gender Equality
- SDG Target 5.5
Decent Work and Economic Growth
- SDG Target 8.1
- SDG Target 8.2
- SDG Target 8.3
- SDG Target 8.10
Industry, Innovation and Infrastructure
- SDG Target 9.3
Reduced Inequality
- SDG Target 10.1
- SDG Target 10.2
- SDG Target 10.3
Sustainable Cities and Communities
- SDG Target 11.5
Metric History
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June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
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January 2020 - IRIS v5.1 Released
No change.
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May 2019 - IRIS v5.0 Released
No change.
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March 2016 - IRIS v4.0 Released
Immaterial change. Minor revision to definition language for clarity.
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March 2014 - IRIS v3.0 Released
New metric. Number of Potential Renewals (PI3069) was developed via the Microinsurance Network.