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Decks in this class (30)
Chapter 1 - Customer Needs & Endwoment Assurance
Outline the likely automatic acce...
1
cards
Chapter 3 - Annuities
Blank 1,
Blank 2
2
cards
Chapter 4 - Unit & Index Linked Contracts
List the main features of single ...,
Under this product the policyhold...
2
cards
Chapter 5 - Income Protection
Outline the various policyholder ...,
For income protection insurance 2
2
cards
Chapter 6 - Critical Illness
List 4 medical conditions that ar...
1
cards
Chapter 8 - Asset shares
A proprietary life insurance comp...
1
cards
Chapter 9 - With-profits surplus distribution (1)
Describe the features of an accum...,
Discuss the factors that the comp...,
A large life insurance company on...
7
cards
Chapter 10 - With-profits surplus distribution (2)
Lifesure currently distributes al...,
Lifesure has in recent years rece...,
Describe the principal features o...
4
cards
Chapter 10 - The general business environment (1)
A life insurance company currentl...,
Outline the ways in which the gov...,
A proprietary life insurance comp...
5
cards
Chapter 12 - The general business environment (2)
I outline briefly 6 types of regu...
1
cards
Chapter 13 - 15: Risks
Income protection ip insurance in...,
A life insurance company writes o...,
A leading life insurer is conside...
5
cards
Chapter 16 - Unit Pricing
Unit linked recurring investment ...,
State the equity principle that s...,
Explain the basic equity principl...
5
cards
Chapter 17 - Actuarial Funding
Describe how actuarial funding my...,
The valuations actuary has sugges...,
Describe two approaches to reserv...
3
cards
Chapter 18 - Models (1)
A multinational life insurance co...,
A multinational life insurance co...,
State the main requirements that ...
6
cards
Chapter 19 - Models (2)
A life insurance company sells a ...,
Describe the profit criteria a co...,
I state what is meant by dynamic ...
3
cards
Chapter 20 - Product Design
A proprietary life insurance comp...,
A life insurance company is consi...
2
cards
Chapter 21 - Setting Assumption (1)
List potential sources of data th...,
Describe the gross premium valuat...,
List the checks on the data and o...
5
cards
Chapter 22 - Setting Assumptions (2)
Define the term embedded value 1 1,
List the assumptions that are req...,
Define the embedded value of a li...
5
cards
Chapter 23 - Supervisory reserves & CR (1)
Outline the general principles th...,
Describe how the insurer would al...,
List the features of the gross pr...
5
cards
Chapter 24 - Supervisory reserves & CR (2)
Discuss the principles that the r...,
The insurance supervisory regime ...,
Explain the difference between a ...
7
cards
Chapter 25 - Surrender values
In a particular market there are ...,
New generation product class surr...,
A man purchased a without profits...
5
cards
Chapter 26 - Alterations
Outline the key principles which ...,
List the principles that should b...
2
cards
Chapter 27 - Cost of guarantees and options
Describe briefly two methods that...,
An insurance company sells regula...,
A without profits whole life assu...
3
cards
Chapter 28 - Pricing Health and care contracts
A life insurance company is repri...,
What is claim inception rate for ...,
What is a disabled life annuity f...
4
cards
Chapter 29 - Reinsurance (1)
What is a drawback of risk premiu...,
Suggest reasons why risk premium ...,
Highlight key disadvantages of th...
6
cards
Chapter 30 - Reinsurance (2)
State advantages that using reins...,
List the factors which ceding com...,
Explain the differences between c...
4
cards
Chapter 31 - Underwriting
Explain the general purpose of un...,
What is the purpose of territoria...,
What is the purpose of avocationa...
10
cards
Chapter 32 - Policy Data Checks
List the checks that would be use...,
The company s actuary has just ex...,
For the past fifteen years a life...
3
cards
Chapter 33 - Investment
State the principles of investmen...,
Describe an appropriate asset mix...,
Explain briefly why pure matching...
13
cards
Chapter 35 - Monitoring Experience
Describe the process the pricing ...,
State 8 ways in which a life insu...,
The life insurance company has re...
9
cards
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