F_Useful Mnemonics 6 Flashcards
ample direct factors : Contract design factors
administration simple marketability profitability level and form of benefits early leaver benefits
discretionary benefits interests of customers risk appetite of the parties involved expenses vs charges competition terms and conditions
financing or capital requirements accounting consistency with other products timing of contributions or premiums onerousness of options and guarantees regulation subsidies cross subsidies
ample direct factors : Contract design factors
ample
administration simple marketability profitability level and form of benefits early leaver benefits
ample direct factors : Contract design factors
direct
discretionary benefits interests of customers risk appetite of the parties involved expenses vs charges competition terms and conditions
ample direct factors : Contract design factors
factors
financing or capital requirements accounting consistency with other products timing of contributions or premiums onerousness of options and guarantees regulation subsidies cross subsidies
fat sir : Risk mitigation techniques in project appraisal
further research
avoid
transfer
share
insure
reduce
fat sir : Risk mitigation techniques in project appraisal
fat
further research
avoid
transfer
fat sir : Risk mitigation techniques in project appraisal
sir
share
insure
reduce
sad life : Reasons for using reinsurance
smoothing of results
avoid large losses
diversification
limit exposure to risk, single events and/or accumulations
increase capacity to accept risk
financial assistance
expertise
sad life : Reasons for using reinsurance
sad
smoothing of results
avoid large losses
diversification
sad life : Reasons for using reinsurance
life
limit exposure to risk, single events and/or accumulations
increase capacity to accept risk
financial assistance
expertise
