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Short M92 Business and Finance

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

By: Neil Park
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Decks in this class (11)

Chapter 1 - Structure Of The Insurance Industry
What is an advantage to a client ...,
What is an advantage to an insura...,
In a proprietary company who do t...
94  cards
Chapter 2 - Roles And Responsibilities
What are the two types of directo...,
Five responsibilities of the boar...,
The companies act 2006 requires a...
16  cards
Chapter 3 - Planning And Control
Strategic planning covers what ti...,
What does the tactical plan cover,
What is the timescale for tactica...
43  cards
Chapter 4 - Main Aspects Of Corporate Governance
The five areas of the 2018 uk cor...,
The turnbull guidance sets out what,
The frcs guidance on board effect...
54  cards
Chapter 5 - Common Functions Within Insurance Organisations
Who does strategy team usually in...,
Planning tool used by a strategy ...,
Why might also in regards to stra...
43  cards
Chapter 6 - Accounting Principles And Practices
Identify four item included in th...,
What does the income statement show,
What does the balance sheet show
111  cards
Chapter 7 - Accounting Standards
What are the four principal objec...,
What is the accruals basis,
What is going concern
23  cards
Chapter 8 - Claims Reserving
Give 7 reasons why there is uncer...,
The claims reserving process is to,
Explain the fundamental accountin...
28  cards
Chapter 9 - Financial Ratios
The standard ratios fall into whi...,
What are the three main profitabi...,
What is the formulae for the gros...
69  cards
Chapter 10 - Financial Strength Of Insurance Companies
Rating agencies measure insurance...,
What are the four main rating age...,
Who generally relies on rating ag...
56  cards
M92Jargon
1 define stakeholder,
7 what does a gearing ratio measure,
7 define the current ratio
47  cards

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Short M92 Business and Finance

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