A311: Triple Distilled

This class was created by Brainscape user Lungelo Mdunge.

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Decks in this class (26)

1. Actuarial Advice
Who are the clients that actuarie...,
Who are the clients that actuarie...,
Which stakeholders other than the...
15  cards
2. Meeting the needs of stakeholders
What is the role of the state in ...,
Why do employers provide benefits 2,
How do individuals provide benefi...
8  cards
3. The Actuarial Control Cycle
What is the actuarial control cyc...,
Why is understanding the general ...,
What steps are involved in specif...
9  cards
5. Risk Identification and classification
What techniques can be employed t...,
How are project risks identified ...,
What is a risk register and what ...
7  cards
4. Risk governance
What are the elements of the risk...,
What are examples of risk mitigat...,
What are the benefits of a risk m...
21  cards
6 Risk measurement and monitoring
What is risk scoring and how is i...,
How should risk scoring be perfor...,
What approaches exist for assessi...
15  cards
7.1 Responses to risk (Reinsurance)
Responses to risk 1,
Ways of transferring risk 2,
Factors affecting the choice of r...
15  cards
7.2 Responses to risk (Alternative risk transfer)
Alternative risk transfer tools 1,
Reasons for using art 2,
Intergrated risk covers 3
7  cards
7.3 Responses to risk (other risk controls)
What are four risk management too...,
Diversification 2,
Underwriting 3
9  cards
7.4 Responses to risk (Accepting risk)
What are the requirements for an ...,
What is underwriting 2,
What is the purpose benefit of un...
3  cards
8. Capital Management
What is the interrelationship bet...,
Why do individuals need capital 2,
What are the capital needs for co...
22  cards
9.1 Regulatory environment
Aims of regulation 1,
Meeting the aims of regulation ma...,
Meeting the aims of regulation co...
16  cards
9.2 External environment
What are the influences of legisl...,
What are the influences of state ...,
What are the influences of tax on...
11  cards
9.3 Investment Environment
What is the cashflow pattern for ...,
What are the main cashflows of a ...,
Name five common money market ins...
27  cards
11.1 Modelling
What are the approaches available...,
What are the factors to consider ...,
What are the types of models used...
12  cards
11.2 Setting Assumptions
What types of historical data are...,
How is historical data used to de...,
What current data and forecasts a...
7  cards
11.3 Mortality and Morbidity
What are the principal forms of h...,
How can risk classification addre...,
What is anti selection and how do...
9  cards
11.4 Expenses
What are the categories of expens...,
How are expenses allocated when p...,
How might indirect expenses be al...
3  cards
11.5 Pricing and financing strategies
How is the cost of providing bene...,
What factors to consider when cal...,
How do provisioning and regulator...
5  cards
11.6 Investment Management
What are the principles of invest...,
What are the objectives of instit...,
What are the different methods fo...
20  cards
11.7 Provisioning
What are the reasons for calculat...,
What is the purpose of calculatin...,
What are the different types of b...
28  cards
11.8 Relationship between assets and liabilities
What factors should a provider co...,
What does the liability outgo of ...,
How should assets be selected bas...
16  cards
12. Living with the solution
0  cards
13. Monitoring
0  cards
15. Banking
0  cards
Acronyms/mnemmonics
Accounting concepts man city make...,
The external environment 2,
Aims of regulation crip 3
29  cards

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A311: Triple Distilled

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