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Actuarial > Regulation > Flashcards

Regulation Flashcards

1
Q

SOARS

A

Supervisory Oversight And Response System

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2
Q

4 main actuarial statutory rolfes of life insurers

A
  1. product advice 2. apportionments 3. financial condition investigation 4. distribution of profit and capital
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3
Q

Why APRA effective?

A
  1. Conservative 2. adaptive 3. capital for each statutory fund 4. balance prescription and principle
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4
Q

Non financial risks classification

A

PESTEL

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Actuarial (9 decks)

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