Actuarial Risk Management A311/CP1

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Decks in this class (45)

Framework
Chapter 0 introduction,
Chapter 1 actuarial advice,
Chapter 2 the external environment
9  cards
Chapter0-Introduction
Framework,
Specifying the problem,
Developing the solution
4  cards
Chapter1-Actuarial Advice
Framework,
Types of actuarial advice,
Materiality
3  cards
Chapter2-External environment
Framework,
Underwriting cycle,
Corporate governance
4  cards
Chapter3-Regulation
Framework,
Aims of regulation,
Need for regulation
8  cards
Chapter4-Introduction to financial products and customer needs
Framework
1  cards
Chapter5-Benefits overview and providers of benefits
Framework,
Funded vs unfunded benefit schemes
2  cards
Chapter6-Life insurance products
Framework
1  cards
Chapter7-General insurance
Framework,
Rating factors,
Risk factors
4  cards
Chapter8-Healthcare products
Framework
1  cards
Framework 2
Chapter 9 bond and money markets,
Chapter 10 equity and bond markets,
Chapter 11 other investment classes
9  cards
Chapter9-Bond and money markets
Framework,
Investment and risk characteristi...,
Reasons for holding money market ...
5  cards
Chapter10-Equity and property markets
Framework,
Investment and risk characteristi...,
Investment and risk characteristi...
7  cards
Chapter11-Other investments classes
Framework,
Investment and risk characteristi...,
Investment and risk characteristi...
9  cards
Chapter12-Behaviour of the markets
Framework
1  cards
Chapter13-Valuation of investments
Framework,
Methods of valuing individual inv...
2  cards
Chapter14-Relationship between returns on asset classes
Framework,
Comparing the required and expect...
2  cards
Chapter15-Choosing an appropriate investment strategy
Framework,
Factors affecting the long term i...
2  cards
Chapter16-Asset-liability management
Framework,
Limitations on investment imposed...,
Definition of immunisation
7  cards
Chapter17-Investment management
Framework,
Active and passive investment man...,
Measuring active risk
3  cards
Framework 3
Chapter 18 modelling,
Chapter 19 data,
Chapter 20 setting assumptions
7  cards
Chapter18-Modelling
Framework,
Operational issues when designing...,
Deterministic vs stochastic models
5  cards
Chapter19-Data
Framework,
Sources of data uses of data,
Reconciliation checks on data
9  cards
Chapter20-Setting assumptions
Framework
1  cards
Chapter21-Mortality and morbidity
Framework
1  cards
Chapter22-Expenses
Framework
1  cards
Chapter23-Contract design
Framework,
Factors to consider when designin...,
Factors to consider when determin...
3  cards
Chapter24-Pricing and financing strategies
Framework,
Ways of financing pension scheme ...
2  cards
Framework 4
Chapter 25 risk governance,
Chapter 26 risk identification an...,
Chapter 27 financial product and ...
7  cards
Chapter25-Risk governance
Framework,
Risk control cycle stages,
Risk identification
11  cards
Chapter26-Risk identification and classification
Framework,
Identifying risks associated with...,
The security of a debt and of the...
3  cards
Chapter27-Financial product and benefit scheme risks
Framework
1  cards
Chapter28-Accepting risk
Framework,
Insurable risk,
Additional insurable risk
3  cards
Chapter29-Risk measurement and reporting
Framework
1  cards
Chapter30-Risk transfer
Framework,
Reasons for reinsuring,
Alternative risk transfer art
9  cards
Chapter31-Other risk controls
Framework,
Reasons for underwriting
2  cards
Framework 5
Chapter 32 provisions,
Chapter 33 valuation of liabilities,
Chapter 34 reporting results
8  cards
Chapter32-Provisions
Framework,
Reasons for calculating provisions
2  cards
Chapter33-Valuation of liabilities
Framework,
Traditional discounted cash flow ...,
Two definitions of fair value
8  cards
Chapter34-Reporting results
Framework,
Accounting ratios for general ins...,
Info to be disclosed to members
3  cards
Chapter35-Insolvency and closure
Framework
1  cards
Chapter36-Capital management
Framework,
Need for capital individuals,
Need for capital trading companies
5  cards
Chapter37-Capital requirement
Framework,
Regulatory capital,
Solvency ii and pillars
6  cards
Chapter38-Surplus and surplus management
Framework,
Reasons for analysing surplus,
Levers of surplus
3  cards
Chapter39-Monitoring
Framework
1  cards

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Actuarial Risk Management A311/CP1

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