Swasthya Beema

This class was created by Brainscape user Om Prabhu.

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Decks in this class (28)

Chp 1 - IP insurance
0  cards
Chp 2 - CI insurance
0  cards
Chp 3 - LTCI
0  cards
Chp 4 - PMI & related products
0  cards
Chp 5 - Group products
0  cards
Chp 6 - Product design & stakeholder interests (1)
Ways in which benefits must be at...,
Recent innovation used by h c ins...,
3 specific needs of customers tha...
56  cards
Chp 7 - Products and Product Design (2)
List eight criteria that should b...,
Suggest ways in which an insurer ...,
Describe how product design and i...
41  cards
Chp 8 - Distribution channels
Describe the role of insurance in...,
Describe the role of tied agents ...,
Describe the role of an insurer s...
22  cards
Chp 9 - General business environment
Blank 1,
Describe the extent to which insu...,
Describe how these forces act eac...
18  cards
Chp 10 - State healthcare provision
0  cards
Chp 11 - Modelling
Blank 1,
List the four main uses of modell...,
What is the prime objective in bu...
25  cards
Chp 12 - Data
Describe the most important compo...,
State the six key attributes that...,
Outline how an actuary will use d...
16  cards
Chp 13 - Assumptions General considerations
State eight general consideration...,
Explain why margins are needed in...,
State how margins can be incorpor...
12  cards
Chp 14 - Demographic assumptions
What are the main demographic ass...,
Describe the principles of settin...,
Describe briefly how incidence ra...
19  cards
Chp 15 - Financial assumptions
Discuss the relevance of the size...,
Suggest how benefit amounts can b...,
Explain why benefits may need to ...
26  cards
Chp 16 - Other assumptions
Suggest two reasons why an assump...,
Explain the particular risk that ...,
Give six examples of where assump...
6  cards
Chp 17 - Pricing Individual
Describe the inception annuity me...,
Describe how multi state methodol...,
Describe using appropriate formul...
13  cards
Chp 18 - Pricing Group
Outline the problems that insurer...,
Describe the common problem of li...,
Discuss how newcomers and leavers...
12  cards
Chp 19 - Pricing Other considerations
Explain how a profit criterion ca...,
Define net present value and disc...,
Discuss how net present values mi...
22  cards
Chp 20 - Pricing Options and Guarantees
Why are guarantees often provided...,
Give three examples of morbidity ...,
Explain why terms and conditions ...
14  cards
Chp 21 - Reserves & EV
State seven reasons for calculati...,
Briefly describe four types of re...,
When setting the ibnr reserve wha...
13  cards
Chp 22 - Reserve setting approaches & Solv cap req
Describe the market consistent ap...,
Discuss how risk free rates might...,
Define what is meant by the illiq...
22  cards
Chp 23 - Nature of risks (1)
What is the main actuarial reason...,
In addition to policy data what o...,
Why might data be inadequate or i...
14  cards
Chp 24 & 25 - Nature of risks (2 & 3)
Blank 1,
Discuss the risks associated with...,
What decisions might the manageme...
30  cards
Chp 26 - Reinsurance
Classify health and care insuranc...,
Discuss the factors that determin...,
Explain the reasons for reinsuran...
29  cards
Chp 27 - Other risk management techniques
What is underwriting 1,
What is the main advantage and di...,
Outline the method of mhd medical...
43  cards
Chp 28 - Investments
State the principles of investment 1,
Summarise these principles in one...,
State the three components of a h...
15  cards
Chp 29 - Monitoring & feedback into control cycle
List the reasons why a health ins...,
Discuss the extent to which data ...,
List the purposes of an analysis ...
23  cards

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Swasthya Beema

  • Class purpose General learning

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