Product design Flashcards
1
Q
Acronym
A
LESS PR’DUCT FACTORS MA
2
Q
L
A
Legal and regulatory constraints
3
Q
E
A
Extent of cross subsidies
4
Q
S(1)
A
Service standards
5
Q
S(2)
A
Sensitivity of profit
6
Q
P
A
Profitability
7
Q
R(1)
A
Reinsurance terms
8
Q
D
A
Distribution and remuneration
9
Q
U
A
Underwriting
10
Q
C(1)
A
Company reputation
11
Q
T(1)
A
TCF
12
Q
F
A
Financing and capital requirements
13
Q
A(1)
A
Admin systems
14
Q
C(2)
A
Competitiveness
15
Q
T(2)
A
Tax
