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Anthony Ip
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Decks in this class (47)
Odomirok 1-5
Purpose of financial reporting,
Accounting principles prescribed ...,
Main reason that sap rules are co...
13
cards
Odomirok 6-7
Why are nonadmitted assets not in...,
List some differences between pre...,
Portion of agents balances that i...
9
cards
Odomirok 8-9
Underwriting income formula,
List some factors that can be use...,
List some problems that may arise...
16
cards
Odomirok 11
Purpose of common interrogatories...,
Items discussed in general sectio...,
List some examples of insight tha...
8
cards
Odomirok 13
2 reasons that insurers should no...,
Schedule ba of as describes,
Schedule d of as describes
11
cards
Odomirok 14
List 2 things that the actuary ca...,
Main purpose of schedule f,
How is the provision for reinsura...
26
cards
Odomirok 15
List some uses of schedule p in a...,
List the parts of schedule p,
How are losses in part 1 grouped
40
cards
Odomirok 10
What disclosures does the insurer...,
List some questions the actuary m...,
List 2 uses of the disputed balan...
29
cards
Odomirok 18
List the 3 parts of the iee,
When does the iee need to be filed,
List some uses of the iee
10
cards
Surplus
2 definitions of surplus,
2 accounting methods for nonadmit...,
Non admitted portion of interest ...
7
cards
SSAP 5
3 components of liabilities,
Define loss contingency asset imp...,
2 necessary criteria to charge a ...
8
cards
SSAP 9
Define subsequent events,
2 categories of subsequent events,
Which events should already be re...
4
cards
SSAP 53
When is written premium recorded ...,
When are the additional premium f...,
2 methods to uniformly earn premi...
8
cards
SSAP 62
5 benefits of reinsurance,
2 classes of reinsurance contracts,
Contract provisions included in m...
29
cards
SSAP 65
How are premium liabilities recor...,
How are premium liabilities recor...,
Accounting action required of ins...
13
cards
Odomirok 19
Which insurers are exempt from th...,
By when must the rbc report be filed,
List some risks that are excluded...
77
cards
IRIS
Equation and normal range for gwp...,
Factors to consider if ratio 1 is...,
Equation and normal range for nwp...
17
cards
Odomirok 21
List 2 reasons measurement tools ...,
The statutory financial statement...,
List some financial statements th...
9
cards
Odomirok 22-23
Describe the different intended u...,
Compare the gaap sap treatment of...,
Compare the gaap sap treatment of...
19
cards
Lindbergh
List 2 reasons that private compa...,
List 2 concerns that the naic has...,
What is iasb s definition of sign...
14
cards
Defrain
Definition of an insurance contra...,
List 4 requirements of phase 1 or...,
3 steps to determine liabilities ...
5
cards
Odomirok 25
3 pillars of solvency ii,
Briefly describe the solvency cap...,
3 methods to calculate the scr
12
cards
SAO 1
3 main purposes of the sao,
Requirements to be a qualified ac...,
List the requirements from the ge...
37
cards
ASOP 41
If an actuarial document contains...,
Examples of items that should be ...,
Disclosures necessary if any of t...
4
cards
ASOP 43
Actions the actuary must take if ...,
Items regarding the unpaid claim ...,
Factors that the actuary should c...
4
cards
Tax
Economic income equation,
How is the discount rate to be us...,
Reason that tax calculations use ...
8
cards
Freihaut
2 criteria to classify a transact...,
What must the ceo cfo confirm in ...,
Formula for expected reinsurer de...
13
cards
Porter Chp 2
Describe background of paul v vir...,
Describe supreme court verdict fo...,
Briefly describe 2 schools of tho...
27
cards
Porter Chp 3
List 3 circumstances in which sta...,
List the exceptions to the rule t...,
Briefly describe the current defi...
13
cards
Porter Chp 4
Law requires commissioner to subm...,
List 4 sources of state insurance...,
List 4 features of a typical stat...
12
cards
Porter Chp 5
Purpose of insurance regulation,
Briefly describe 4 types of filin...,
List some of the most common reas...
13
cards
Porter Chp 6
2 criteria that dois look at when...,
2 reasons that regulators would p...,
What do regulators examine during...
9
cards
Porter Chp 8
Initial primary purpose of rate r...,
Briefly describe two purposes of ...,
Briefly explain the political the...
12
cards
Porter Chp 12
3 levels of regulatory action to ...,
List some questions raised by the...,
List 2 benchmarks of regulatory p...
22
cards
Credit
What constitutes a credit based i...,
Describe how insurers use credit ...,
Briefly describe why credit score...
16
cards
Usage Based Insurance
Define telematics,
List some factors that could impa...,
Briefly describe the 2 categories...
24
cards
Price Optimization
Define cost based rate,
Define rating cell,
Define risk profile
19
cards
Mayer Brown
How is the dodd frank act a first...,
3 responsibilities of the fio,
Briefly explain the information c...
12
cards
GAO
Define an insurance cooperative,
Describe the intention of the lia...,
2 parties that can own a rrg
14
cards
Rating Agencies
List 3 agencies that produce cred...,
List an agency that produces fina...,
List 3 reasons why financial stre...
24
cards
NAIC Solvency
List the us insurance regulatory ...,
What approach did regulators dete...,
3 stages of financial regulation
39
cards
Vaughan Economic
Explain why historically the majo...,
List 3 problems with regulation,
Describe regulatory forbearance
14
cards
Government Insurance Study Note
5 reasons for government particip...,
2 methods in which government has...,
List 2 examples of programs where...
26
cards
Cook
List 3 factors that may classify ...,
List some common characteristics ...,
List 4 groups of programs for ins...
14
cards
Porter 2
Purpose of guaranty funds,
Limitations on guaranty fund cove...,
Explain how guaranty funds are op...
5
cards
King
Policy questions concerns raised ...,
4 reasons that flood insurance is...,
3 uses of the flood hazard maps d...
33
cards
Webel
3 goals of tria,
Describe the structure of the tri...,
4 elements of an insurable risk
3
cards
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types of donuts
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