Definition of look through
In calculating EEV profits in the life insurance industry, companies must look through the internal fee mechanisms and into the underlying expense base of the companies which provide administration, investment management and other services to the group's life businesses. In other words, they must include the impact of those costs in the calculation of embedded value. So embedded value is after all expenses relating to that business. See also EEV and Embedded Value.
See our full Online Financial Glossary