Acronyms vs Area 1 - 19

Question 1

External Environment:

Answer 1

CREATE GREAT LISTS

Question 2

Regulation: Functions of a regulator

Answer 2

SERVICE

Question 3

Regulation aims:

Answer 3

GRIP

Question 4

Regulation needs: Reducing info asymmetries

Answer 4

SPIDER CC

Question 5

Regulation needs: Confidence in market

Answer 5

CPI’S

Question 6

Cost if regulation:

Answer 6

PUMA R

Question 7

Professionalism: Financial risk management , what must an actuary be able to do

Answer 7

JAM MERC MICS

Question 8

Professionalism: Statutory roles

Answer 8

RePVaCS/ RePVAPSC

Question 9

Professionalism: Being professional

Answer 9

PRICK CNIC

Question 10

Influences of policyholder reasonable expectations

Answer 10

PEMB

Question 11

Role of state as benefit provider

Answer 11

DEERP

Question 12

Reasons for employer benefits

Answer 12

MEC FLAP

Question 13

Reason for individual benefit providers

Answer 13

CPS

Question 14

Considerations in general insurance

Answer 14

PUN TRIP

Question 15

Cash flow considerations

Answer 15

CANT C

Question 16

Factors of contract design:

Answer 16

AMPLE DIRECT FACTORS

Question 17

Characteristics of a well-run project

Answer 17

PROJECT CRAMPS

Question 18

Written stratgy of project:

Answer 18

AIRS PROSE

Question 19

Initial appraisal CPA:

Answer 19

SPURS

Question 20

Detailed appraisal CPA:

Answer 20

RED

Question 21

Assessing risk mitigation CPA:

Answer 21

OFFER

Question 22

Investment submission content CPA:

Answer 22

FIRM PEN ASAP

Question 23

Money market: Reasons for liquid assets

Answer 23

POURS

Question 24

Money Market: Economic reasons for holding cash

Answer 24

GRID

Question 25

Bonds: Major risks

Answer 25

CLAIM R

Question 26

Yield curve theory

Answer 26

MILE

Question 27

Problems with overseas investment:

Answer 27

MTV CATERPILLAR

Question 28

Emerging market considerations

Answer 28

CAMPER C

Question 29

Prime property characteristics

Answer 29

CALL ST

Question 30

The risk discount rate

Answer 30

SyNC WACS

Question 31

Capital project risks:

Answer 31

PEBP NFC

Question 32

Factors an insurer should consider when taking on new business

Answer 32

SLARPHACAN/CARCEEN

Question 33

merits indirect investments

Answer 33

DELTA SEED CEMT

Question 34

Reasons for foreign investment

Answer 34

DIMI

Question 35

Indirect overseas investment types

Answer 35

MHEDiCs

Question 36

Merits of Indirect vs direct, Foreign markets

Answer 36

SNoPSA NED CorT

Question 37

Differences between UT and ITC

Answer 37

BAG WiC MaTO

Question 38

Advantages and Disadvantages of Statutory regulation

Answer 38

PEN MUCI

Question 39

Advantages and Disadvantages of Self-regulation

Answer 39

REK PEL

Question 40

Merits of Direct Property investment vs indirect property investment

Answer 40

DiSEL NoNo ProC

Question 41

Merits of UT vs Direct investment

Answer 41

DEMSIN CATaLL

Question 42

Merits of ITC vs Direct investment

Answer 42

DEMSIN AssGear CATE

Question 43

Advantages of grouping equities into industries

Answer 43

PFIEP CMaRS

Question 44

Reasons for poor sales of insurance products:

Answer 44

DisCEM GAP

Question 45

Freehold properties is considered to be more attractive than leasehold due to:

Answer 45

BeGGN

Question 46

Managing conflicts of interest

Answer 46

CARD R/ CAR DR.

Question 47

Principles a code of Ethics should cover:

Answer 47

AC3

Question 48

Regulation regulations that the state could impose to regulate the providers

Answer 48

PAM SAM BAM VR