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Lucas M
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Decks in this class (31)
Part 1 (Odomirok 1-5)
Stakeholders,
Financial reports,
Accounting framework
8
cards
Part 2 (Odomirok 6-7)
Balance sheet,
Assets,
Assets
24
cards
Part 3.1 (Odomirok 8-9) (***)
Statements required to calculate ...,
Income statement,
Capital surplus account
32
cards
Part 3.2 Feldblum: Surplus (***)
*** Surplus Calculation | ** Premium Deficiency Reserve | * Calc double taxation and why
7
cards
Part 5 (Odomirok 12) (**)
*** Five Year Historical Data Exhibit | ** Written Premium structure
8
cards
Part 6 (Odomirok 13)
Not Tested Historically | ** Learn what is included in each Schedule
11
cards
Part 7 (Odomirok 14) (***)
*** Derivation of the Prov for Reins. | *** Schedule F parts | *** Part 3 of F
73
cards
Part 8 (Odomirok 15) (***)
*** Structure of Schedule P | *** What data is contained in each Part
50
cards
Part 9 (Odomirok 10) (***)
*** How notes paired with other financial information is used to assess insurer's financial condition
35
cards
Part 10 (Odomirok 18) (***)
*** Part 2 of the Insurance and Expense Exhibit (IEE)
21
cards
Part 11 (SSAPs) (*)
Statement of Statutory Accounting Principles
91
cards
Part 13 (Odomirok 19) (****)
*** Everything
57
cards
Part 14 (NAIC IRIS and Odomirok 20) (****)
What are iris tests used for,
Ratio 1name ratio unusual range,
Ratio 2
85
cards
Part 15 (Odomirok 21) (***)
*** Strengths and limitations of the tools for solvency of insurers
38
cards
Part 16 (Odomirok 22&23) (***)
Who is sap mainly used by and wha...,
Who is gaap mainly used by and wh...,
What are the 11 differences that ...
34
cards
Part 17 (Odomirok 24)
What accounting framework is used...,
Who issued the ifrs,
What is the ifrs designed to do
24
cards
Part 18 (Odomirok 25)
**** Pillar 1
26
cards
Part 19 (SAO Papers) (****)
What are the main purposes of the...,
The aa appointed actuary who crea...,
What does the sao define a qualif...
62
cards
Part 20 (NAIC Preamble)
Why is it important to be conserv...,
Valuation procedures should aim t...,
Is sap conservative
17
cards
Part 21 (Materiality)
An item is considered material if...,
When determining if something is ...,
Materiality standards used in dif...
16
cards
Part 21 (ASOP20)
Discounted Reserves of P&C Loss and LAE reserves
10
cards
Part 22 (ASOP 41)
Pretty easy, actuarial communication
13
cards
Part 23 (ASOP43)
Used to set loss reserves
8
cards
Part 24 (Odomirok 26)
Income Taxes
22
cards
Part 25 (SSAP 62R)
Statutory Accounting Principles for Reinsurance
74
cards
Part 26 (Cedar)
Reinsurance Accounting and Strategy for the Actuary
18
cards
Part 27 (Klann) (***)
Commutation
11
cards
Part 28 (Freihaut & Vendetti) (****)
Reinsurance Accounting Principles
42
cards
Part 29 (FASB944) (*)
Financial Guarantee Insurance Contracts
9
cards
Part 30 (AAA CE CL)
Uncollectible Reinsurance Reserve (URR)
25
cards
Part 31 (Porter) (****)
Insurance Regulation
81
cards
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Exam 6
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