This class was created by Brainscape user Rofhiwa Liphauphau. Visit their profile to learn more about the creator.

Decks in this class (38)

Chapter 1 : Products (1)
What are the 7 steps of the produ...,
What are the risk avoided and tho...,
What is an endowment 3
5  cards
Chapter 2 : Products (2)
What is a whole life assurance 1,
Is a surrender available on a who...,
Is a surrender available on a ter...
7  cards
Chapter 3 : Products (3)
What is an immediate annuity 1,
What are the risks associated wit...
2  cards
Chapter 4 : Products (4)
What are the product to the insur...,
What is the purpose of the produc...,
What is the risk to the insurer t...
4  cards
Chapter 5 : Income Protection
What parts of ip can be confusing 1,
What are the risks to an insurer ...
2  cards
Chapter 6 : Critical Illness
What is ci 1,
What is the criteria for the incl...,
What are the 3 forms of ci 3
9  cards
Chapter 7 : Long-term care insurance
What is long term care 1,
What customer needs are met by lt...,
What are the two different types ...
4  cards
Chapter 8 : Asset Shares
What is an asset share 1,
What are some monies in 2,
Where are asset shares important 2
5  cards
Chapter 9 : With-profits surplus distribution (1)
What are the key ideas for with p...,
What are the 4 types of with prof...,
What are the 3 main ways that pro...
9  cards
Chapter 10 : With-profits surplus distribution (2)
Describe the revalorisation method 1,
Under the revalorization method w...,
What is the formula to calculate r 3
11  cards
Chapter 11 : GBE (1)
What are the 4 different distribu...,
What the are risks to the insurer...
2  cards
Chapter 12 : GBE (2)
What are the factors of the gener...,
How does the regulatory regime af...,
How do expense affect life insure...
6  cards
Chapter 13 : Risk (1)
What are the risks faced by a lif...,
What are the risks associated wit...,
What are the risks associated wit...
16  cards
Chapter 14: Risk (2)
What are the other risks facing a...,
What are the risks associated wit...,
What are the risks associated wit...
15  cards
Chapter 15: Risk (3)
What are the risks of credit fail...
1  cards
Chapter 16 : Unit Pricing
What is the appropriation price 1,
Explain the difference between bi...,
What is the expropriation price 3
3  cards
Chapter 17: Actuarial Funding
What is actuarial funding 1,
What are the conditions for actua...,
What are the key ideas relating t...
4  cards
Chapter 18 : Models (1)
What are the requirements of a go...,
What are some basic features of l...,
When is a stochastic model prefer...
8  cards
Chapter 19 : Models (2)
What are some uses of models 1,
How do we use models for pricing 2,
What is the process for cashflow ...
6  cards
Chapter 20 : Product Design
0  cards
Chapter 21 : Setting Assumptions (1)
What is the basic methodology for...,
What assumptions are needed when ...,
Acted acronym what assumptions ar...
9  cards
Chapter 22 : Setting Assumptions (2)
0  cards
Chapter 23 : Supervisory Reserves and Capital Requirements (1)
What is the purpose of reserves i...,
What are some features of the gro...,
What are some features of the net...
6  cards
Chapter 24 : Supervisory Reserves and Capital Requirements (2)
0  cards
Chapter 25 : Surrender Values
What are the principles for calcu...,
What is a surrender value 2,
Which policies would we pay a sur...
4  cards
Chapter 26 : Alterations
What principles need to be consid...,
What are common alterations 2,
What is the proportionate paid up...
7  cards
Chapter 27: Cost of guarantees and options
What are 3 examples of investment...,
What are 3 examples of mortality ...,
Why does an insurance company nee...
8  cards
Chapter 28 : Pricing health and care contracts
0  cards
Chapter 29 : Reinsurance (1)
What is original terms reinsurance 1,
What is level risk premium reinsu...,
What is risk premium reinsurance 3
8  cards
Chapter 30 : Reinsurance (2)
What are the reasons for reinsuri...,
How can reinsurance assist with p...,
How can reinsurance assist with c...
14  cards
Chapter 31 : Underwriting
How is underwriting used to manag...,
What is the process of underwriti...,
What is medical underwriting 3
9  cards
Chapter 32: Policy data checks
Why does the actuary do data chec...,
What are some checks that an actu...
2  cards
Chapter 33: Investments
What are the principles of invest...,
What are the 4 types of liability...
2  cards
Chapter 34: Further Risk Management
How can insurers control expenses 1,
How can insurers improve persiste...,
How can insurers manage nb volume...
5  cards
Chapter 35: Monitoring
Why do we monitor experience 1,
What corrective actions can be ta...,
What is the data requirement for ...
8  cards
Chapter 36 : The big picture
0  cards
Expenses
How do we set up expense assumpti...,
What are the risk associated with...,
How do we mitigate the risks asso...
5  cards
Acronyms
What are the assumption risks fac...,
What are the other risks facing a...,
What assumptions are there to be ...
21  cards

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F102

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