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Decks in this class (23)
General Insurance Products
How risk varies by class 10 1,
Exclusions are used to avoid paym...,
Difference between the operation ...
4
cards
Insurance products - types
Legal expenses cover 1,
Business interruption cover 2,
Creditor insurance 3
14
cards
Accounting – Methods and Interpretation
Key ratios 12 1,
Accounting principles 5 2,
Reasons three year accounting may...
3
cards
Reinsurance products – background
Reasons for retrocession 2 1,
Factors affecting an insurer s ap...,
Reasons for purchasing reinsuranc...
3
cards
Reinsurance products – types
Loss portfolio transfers lpts 1,
Adverse development cover 2,
Run off reinsurance 6 3
18
cards
Determining appropriate reinsurance
Steps to determine appropriate re...,
Factors influencing the amount an...
2
cards
General insurance markets
Regulation restrictions on underw...,
Regulation capital requirements 5 2,
Regulation investment requirement...
17
cards
The external environment
Climate and environmental factors 1,
The difference between court infl...,
Legal political and social factor...
7
cards
Risk and Uncertainty
Implications of a low solvency ma...,
Uncertainties as a result of busi...,
Uncertainties relating to investm...
6
cards
Data
Methods for preventing errors 5 1,
Data requirements for claims reco...,
Data requirements for policy reco...
10
cards
Actuarial Investigations
Utilisation of actuarial investig...,
When presenting investigation res...,
Analysis of claims experience 9 3
13
cards
Reasons for estimating reserves and different reserving bases
Choose of reserving methodology v...,
Reasons for estimating reserves 8 2
2
cards
Best estimate reserves
Communicating the best estimate 5 1,
Key characteristics of a best est...
2
cards
Quantifying uncertainty in reserves
Communicating uncertainty 7 1,
Other methods of quantifying rese...,
The claims run off between lines ...
10
cards
Assessment of reserving results
Reasons for differences between t...,
Why analyse emerging experience 2,
Why might an origin year be less ...
7
cards
Reinsurance reserving
Ways to reserve for outwards rein...,
When grouping data for reinsuranc...,
Additional data issues associated...
3
cards
Rating methodologies and bases
Pricing methods when there is lim...,
Methods for allowing for loadings...,
Approaches for large non catastro...
7
cards
Methods of calculating risk premium
Considerations for glms 6 1
1
cards
Further considerations when rating
Other influences on rating 5 1,
Reasons the premium charged by an...,
Requirements of rating factors 9 3
3
cards
Investment principles and ALM
Basic steps of an alm 6 1,
Risks relating to investment stra...,
Objectives of an insurers investm...
3
cards
Capital modelling methodologies
Additional model requirements 7 1,
Additional features of a good sto...,
Features of a good model 5 3
15
cards
Definitions
Operational risk 1,
Insurance risk 2,
Risk tolerance 3
98
cards
Advantages and Disadvantages
Stochastic models over determinis...,
Original loss curves 4 1 2,
Frequency severity approach 4 2 3
28
cards
More about
F103 Semester 2
- Full test name Unspecified
- Test acronym Unspecified
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