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Decks in this class (38)
Chapter 1 : Products (1)
What are the 7 steps of the produ...,
What are the risk avoided and tho...,
What is an endowment
5
cards
Chapter 2 : Products (2)
What is a whole life assurance,
Is a surrender available on a who...,
Is a surrender available on a ter...
7
cards
Chapter 3 : Products (3)
What is an immediate annuity,
What are the risks associated wit...
2
cards
Chapter 4 : Products (4)
What are the product to the insured,
What is the purpose of the produc...,
What is the risk to the insurer t...
4
cards
Chapter 5 : Income Protection
What parts of ip can be confusing,
What are the risks to an insurer ...
2
cards
Chapter 6 : Critical Illness
What illnesses are covered under ci,
What is the criteria for the incl...,
What are the 3 forms of ci
9
cards
Chapter 7 : Long-term care insurance
What is long term care,
What customer needs are met by ltci,
What are the two different types ...
4
cards
Chapter 8 : Asset Shares
What is an asset share,
What are some monies in,
Where are asset shares important
5
cards
Chapter 9 : With-profits surplus distribution (1)
What are the key ideas for with p...,
What are the 4 types of with prof...,
What are the 3 main ways that pro...
9
cards
Chapter 10 : With-profits surplus distribution (2)
Describe the revalorisation method,
Under the revalorisation method w...,
What is the formula to calculate r
11
cards
Chapter 11 : GBE (1)
What are the 4 different distribu...,
What the risks to the insurer of ...
2
cards
Chapter 12 : GBE (2)
What are the factors of the gener...,
How does the regulatory regime af...,
How do expense affect life insurers
6
cards
Chapter 13 : Risk (1)
What are the risks faced by a lif...,
What are the risks associated wit...,
What are the risks associated wit...
16
cards
Chapter 14: Risk (2)
What are the other risks facing a...,
What are the risks associated wit...,
What are the risks associated wit...
15
cards
Chapter 15: Risk (3)
What are the risks of credit failure
1
cards
Chapter 16 : Unit Pricing
What is the appropriation price,
Explain the difference between bi...,
What is the expropriation price
3
cards
Chapter 17: Actuarial Funding
What is actuarial funding,
What are the conditions for actua...,
What are the key ideas relating t...
4
cards
Chapter 18 : Models (1)
What are the features of a good m...,
What are some basic features of l...,
When is a stochastic model preferred
8
cards
Chapter 19 : Models (2)
What are some uses of models,
How do we use models for pricing,
What is the process for cashflow ...
6
cards
Chapter 20 : Product Design
0
cards
Chapter 21 : Setting Assumptions (1)
What is the basic methodology for...,
What assumptions are needed when ...,
Acted acronymwhat assumptions are...
9
cards
Chapter 22 : Setting Assumptions (2)
0
cards
Chapter 23 : Supervisory Reserves and Capital Requirements (1)
What is the purpose of reserves i...,
What are some features of the gro...,
What are some features of the net...
6
cards
Chapter 24 : Supervisory Reserves and Capital Requirements (2)
0
cards
Chapter 25 : Surrender Values
What factors should be considered...,
What is a surrender value,
Which policies would we pay a sur...
4
cards
Chapter 26 : Alterations
What principles need to be consid...,
What are common alterations,
What is the proportionate paid up...
7
cards
Chapter 27: Cost of guarantees and options
What are 3 examples of investment...,
What are 3 examples of mortality ...,
Why does an insurance company nee...
8
cards
Chapter 28 : Pricing health and care contracts
0
cards
Chapter 29 : Reinsurance (1)
What is original terms reinsurance,
What is level risk premium reinsu...,
What is risk premium reinsurance
8
cards
Chapter 30 : Reinsurance (2)
What are the reasons for reinsuring,
How can reinsurance assist with p...,
How can reinsurance assist with c...
14
cards
Chapter 31 : Underwriting
How is underwriting used to manag...,
What is the process of underwriting,
What is medical underwriting
9
cards
Chapter 32: Policy data checks
Why does the actuary do data checks,
What are some checks that an actu...
2
cards
Chapter 33: Investments
What are the principles of invest...,
What are the 4 types of liability...
2
cards
Chapter 34: Further Risk Management
How can insurers control expenses,
How can insurers improve persistency,
How can insurers manage nb volume...
5
cards
Chapter 35: Monitoring
Why do we monitor experience,
What corrective actions can be ta...,
What is the data requirement for ...
8
cards
Chapter 36 : The big picture
0
cards
Expenses
How do we set up expense assumptions,
What are the risk associated with...,
How do we mitigate the risks asso...
5
cards
Acronyms
What are the assumption risks fac...,
What are the other risks facing a...,
What assumptions are there
21
cards
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