A311 Semester Test 1

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Decks in this class (24)

Chapter 0: What is Subject A311 all about?
What is the actuarial control cyc...,
What makes the acc a control cycle 2,
What makes the acc actuarial 3
23  cards
Chapter 1: Actuarial advice
List the possible clients whom ac...,
List the public sector stakeholde...,
List 6 areas in which actuaries c...
18  cards
Chapter 2: External environment
List the factors to consider in r...,
Legislation and regulations 2,
What 2 forms of gi cover are comp...
24  cards
Chapter 3: Regulation
List the principal aims of regula...,
Ouline direct costs of regulation 2,
Outline indirect costs of regulat...
26  cards
Chapter 4: Introduction to financial products and customer needs
List the main types of provision ...,
List the main types of social sec...,
Insurance contracts 3
15  cards
Chapter 5: Benefits overview and providers of benefit
What are the key features of pens...,
List the 5 providers of benefits 2,
List and explain the 3 types of p...
20  cards
Chapter 6: Life insurance products
What are the key features of life...,
List the 4 main investment types ...,
How are profits calculated for li...
25  cards
Chapter 7: Healthcare products
What are the key features of heal...,
Discuss the types of underwriting...,
List the main types of healthcare...
27  cards
Chapter 8: General insurance products
List the key features of general ...,
List the 4 generic groups of gene...,
List the products covered under l...
33  cards
Chapter 9: Bond and money markets
List the 4 common investment clas...,
What is the useful acronym to hel...,
Describe the 3 types of cash on d...
15  cards
Chapter 10: Equity and property markets
What are ordinatry shares 1,
List 11 investment and risk chara...,
Describe the cashflows on an ordi...
22  cards
Chapter 11: Other investment classes
What is a collective investment s...,
Outline the purpose of collective...,
Define closed ended in the contex...
27  cards
Chapter 12: Behaviour of the markets
Discuss the government bond marke...,
Discuss the corporate bond markets 2,
Discuss the equity markets 3
42  cards
Chapter 13: Valuation of investments
List the 8 methods used to value ...,
Discuss market value as a method ...,
What are the advantages and disad...
25  cards
Chapter 14: Relationship between returns on asset classes
State the formula for required re...,
State the formula for the expecte...,
Discuss required return vs expect...
10  cards
Chapter 15: Choosing an appropriate investment strategy
What criteria should the investme...,
Give examples of possible investm...,
Discuss how risk can be defined 3
17  cards
Chapter 18: Modelling
What is a model 1,
What is the advantage of using an...,
What are the various approaches t...
17  cards
Chapter 19: Data
What is personal data 1,
What are the 8 principles around ...,
Give examples of prohibited actio...
25  cards
Chapter 20: Setting assumptions
What are the 5 most important thi...,
Give 3 examples of where historic...,
Give examples of where current da...
12  cards
Chapter 21: Mortality and morbidity
Describe the use of risk classifi...,
State the limitations of risk cla...,
Explain how life insurance compan...
12  cards
Chapter 22: Expenses
List the expenses that would appl...,
Give examples of expenses that ar...,
How do the expenses relating to a...
16  cards
Chapter 23: Contract design
List the factors to consider when...,
List the parties involved in cont...,
List the factors influencing the ...
31  cards
Chapter 24: Pricing and financing strategies
What is the difference between th...,
Formula for the value of premiums...,
List other factors to consider wh...
12  cards
Chapter 27: Financial product and benefit scheme risk
What are the 2 key risks to a ben...,
What are the key risks to the sta...,
What are the 4 key areas of benef...
16  cards

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A311 Semester Test 1

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