This class was created by Brainscape user Johan Koen. Visit their profile to learn more about the creator.
By:
Johan Koen
- decks
- flashcards
- learners
Decks in this class (31)
Ch 0: Intro
New business strain summary,
Mutuality vs solidarity differenc...,
4
cards
Ch 1: PMI
Pmi definition,
Managing claims cost of pmi,
Related pmi products
5
cards
Ch 2: CI
Ci definition,
Characteristics of condition that...,
Terminal illness condition in ci ...
4
cards
Ch 3: LTCI
Long term care definition,
Long term care costs divided into...,
Aims of long term care insurance
8
cards
Ch 4: Group products
Define free cover limit,
In what areas do group cover and ...,
Why would a group insurance agree...
6
cards
Ch 5: Healthcare
Classifications of healthcare 3,
Commercial insurance products des...,
What is managed care
14
cards
Ch 6: Customer interests
Five main factors relating to pro...,
Four specific needs met by health...,
How asymmetry of information in h...
6
cards
Ch 7: Other stakeholder interests
Product design factors,
Last few pages of chapter needs s...
2
cards
Ch 9: General Biz Environment
Why the state will struggle to co...,
Regulatory restrictions,
3
cards
Ch 10: Risk adjustment
What is risk adjustment in health...,
Considerations when choosing risk...,
Applications of risk adjustment
3
cards
Ch 11: State healthcare
Whos new universalism goals key o...,
Overall objectives of government ...,
State faces number of challenges ...
10
cards
Ch 12: Modelling
Main uses of modelling,
Basic features of health insuranc...
2
cards
Ch 14: General Assumptions
General considerations when setti...,
How allowance for future adverse ...,
The price ultimately charged and ...
3
cards
Ch 15: Demographic assumptions
Expected future experience for po...,
2
cards
Ch 16: Financial assumptions
Healthcare provider reinbursement...,
2
cards
Ch 17: Other assumptions
Business mix categories to monito...,
Factors that make a product desig...,
Methods to measure statistical ri...
5
cards
Ch 18: GLM
One way analysis,
When should an interaction term b...,
Drawbacks of simple linear regres...
7
cards
Ch 19: Pricing (individual contracts)
What is the risk premium,
Process for deriving the risk pre...,
Why should data be split into ris...
5
cards
Ch 20: Pricing - Group Business
Free cover,
Special characteristics of group ...,
Describe control of intermediarie...
7
cards
Ch 22: Pricing - Options and guarantees
Valuing a mortality morbidity opt...,
Three methods to value options an...,
North american method to value mo...
6
cards
Ch 24: Nature of risks
Sources of risk,
Classification of risk,
Factors contributing to the uncer...
4
cards
Ch 26: Nature of risks (aims and impications)
Aims of management of an insurer ...,
Aim of te actuary is to enable in...,
Problems that will confront the a...
3
cards
Ch 27: Managed care
Managed care definition,
2
cards
Ch 28: Reinsurance
Reasons for using reinsurance,
Factors that influence insurer s ...
2
cards
Ch 30: Investment
Principle of investment,
Investment regulations
2
cards
Ch 29: Other risk management techniques
Medical evidence sources,
Options when applicant is deemed ...,
Wains in which medical underwriti...
13
cards
Ch 31: Monitoring and feedback into ACC
Experience monitoring has two str...,
Reasons for monitoring experience,
Purpose of new business experienc...
6
cards
Ch 21: Pricing (3) Considerations for office premium
Factors to consider before decidi...,
Advantages and disadvantages of npv,
Irr disadvantages
7
cards
Ch 23: Reserves and solvency cap reqs
Reasons purposes for calculating ...,
Types of resreves long term and s...,
Advantages and disadvanatges of u...
4
cards
Ch 25: Nature of risks (2)
Competition may lead to managemen...,
Risks relating to distribution,
3
cards
Ch 8: Distribution channels
Distribution channels available t...,
Different forms of commission,
3
cards
More about
Second increase
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Johan Koen's Second increase flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
