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EXAM 8

This class was created by Brainscape user lhea mio-giroux. Visit their profile to learn more about the creator.

By: lhea mio-giroux
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Decks in this class (15)

A1. ASOP 12 Risk Classification
3 mechanisms for coping with risk,
3 means of establishing a fair price,
What is adverse selection
6  cards
A2. Generalized Linear Models for Insurance Rating
Problems with one way analysis ra...,
Problems with minimum bias rating,
Assumptions in classical linear a...
48  cards
A3. An actuarial note on the credibility of experience of a single private passenger car
Reasons to use a premium base for...,
Conditions to use a premium base ...,
Conclusions of paper
7  cards
A4. An example of credibility and shifting risk parameters
Simplifications in baseball data ...,
Mahler also observes that a team ...,
3 criteria to evaluate the perfor...
6  cards
A5. NCCI's 2007 hazard group mapping
Why the ncci moved from 17 to 5 l...,
Summarize the process used in the...,
Step 1 what adjustments did rober...
16  cards
A6. Using multi-dimensional credibility to estimate class frequency vectors in work comp
Couret venter main ideas,
3 methods for estimating injury t...,
Reasons the multi dimensional cre...
6  cards
B1. Distributions for Actuaries
2 things covered by a risk charge,
Ilf assumptions,
Ilf methods
16  cards
B2. Experience Rating
What is a mod factor,
What is experience rating,
Difference between rate level and...
28  cards
B3-B4. NCCI & ISO experience rating plans
Why ncci made the 3 adjustments i...,
Why a no split plan does not appl...,
Impacts on credibility when ncci ...
10  cards
B5. Loss-sensitive rating plans
Loss sensitive rating plans,
Reason for increased interest in ...,
Advantages disadvantages of loss ...
19  cards
B6. Aggregate excess loss cost estimation
Differences between using vertica...,
Why use entry ratios actual loss ...,
Why a separate table m is needed ...
22  cards
C1. Catastrophe modeling: a new approach to managing risk
Uses of exceedance curves,
What is the probabilistic approach,
Why probabilistic tools instead o...
20  cards
C2. Basics of reinsurance pricing
Types of reinsurance bases and data,
Problem solution for an reinsurer...,
Methods for pricing reinsurance t...
22  cards
C3. The Swiss Re exposure curves and the MBBEFD distribution class
Assumptions conditions for a vali...,
Considerations in different risk ...,
Considerations in consistent gran...
6  cards
MNMM
0  cards

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EXAM 8

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