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Decks in this class (27)
Chapter 12: General business environment(2)
What are the restrictions governm...,
What are the ways in which a life...,
The overall attractiveness of a l...
16
cards
Chapter 11: The general business environment
What are the various distribution...,
What are the key risks to the ins...,
What form does direct marketing t...
7
cards
Chapter 1-3: Life insurance products
What is a paid up benefit 1,
What causes new business strain a...,
What is lapse 3
64
cards
Chapter 4 & 8: structural bases and asset share
Describe 4 bases on which life in...,
For each of the following product...,
Compare conventional without prof...
19
cards
Chapter 25: Surrender values
Surrender values
27
cards
Chapter 26: Alterations
There are 2 broad categories of a...,
State the three principles that s...,
There are 2 broad categories of a...
17
cards
Chapter 21 & 22: Setting assumptions
Background on assumptions 1,
Best estimate mortality 2,
Best estimate mortality 3
50
cards
Chapter 20: Product Design
List 14 factors to be considered ...,
State key consideration with rega...,
Areas of product design important...
15
cards
Chapter 23 & 24: Supervisory reserves and capital requirements
Reserves background what are the ...,
Reserves background what 2 primar...,
Define the gross premium valuatio...
32
cards
Chapter 27: Guarantees and options
Why are investment guarantees use...,
Give examples of investment guara...,
For insurers who have control ove...
21
cards
Chapter 32: Policy data checks
List 5 types of policy data check...,
For what purposes might data reco...,
What kind of data reconciliation ...
7
cards
Chapter 33: Investment
State the 3 main principles of in...,
List the 4 main asset classes in ...,
What are the key characteristics ...
27
cards
Chapter 29 & 30: Reinsurance
Define reinsurance 6 1,
What are the main types of reinsu...,
Describe factultative vs obligato...
31
cards
Chapter 31: Underwriting
Explain what is meant by underwri...,
Two fundamental risks the insuran...,
How does underwriting help insure...
14
cards
Chapter 6: Critical illness
Describe a critical illness insur...,
In addition to the core descripti...,
What characteristics are required...
15
cards
Chapter 28: Pricing
Critical illness incidence rate 1,
Critical illness claim incidence ...,
Accelerated critical illness clai...
15
cards
Chapter 34: Further risk management
What are some initial risk manage...,
Expense control what is the main ...,
Expense control discuss the vario...
12
cards
Chapter 35: Monitoring experience
List reasons for monitoring exper...,
List 4 reasons a life company may...,
List ways in which experience ana...
30
cards
Chapter 9 & 10: With-Profits Surplus Distribution
What are the possible ways in whi...,
From the point of the insurer is ...,
Does giving a bonus as a benefit ...
24
cards
Chapter 13, 14, 15: Risks
List the key risks associated wit...,
Possible reasons for heterogeneit...,
4 other problems with using indus...
31
cards
Chapter 16: Unit Pricing
What does an internal unit linked...,
What is the basic equity principl...,
What is the appropriation price a...
10
cards
Chapter 17: Actuarial Funding
What is actuarial funding 1,
What are the two types of units t...,
On which kind of unit allocation ...
6
cards
Chapter 18 & 19: Models
0
cards
Chapter 36: The Big Picture
What are the main steps in produc...,
How can the risk of underestimati...
2
cards
Chapter 5: Income Protection
What is the aim of ip 1,
What is the difference between il...,
What are the main needs addressed...
21
cards
Chapter 6: Critical illness
0
cards
Chapter 7: LTCI
0
cards
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F102
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