CAS EXAM 6C SPRING 2023

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Decks in this class (46)

OSFI.MCT-IFRS
Mct ratio formula,
What is the minimum supervisory t...,
What is the mct ratio requirement...
40  cards
CCIR.INSTRUCTIONS
Formules for equity x 3,
Components of shareholder s equit...,
Formule for net income x
15  cards
MSA.RATIOS
Mct ratio,
Roe,
Ror return on revenue
20  cards
DUTIL.FA
3 types of risk sharing mechanism...,
Goal of fa,
5 classes of business that determ...
21  cards
LAND.CASES
Whiten v pilot,
Somersall v scottish york,
Sansalone v wawanesa
14  cards
CIA.FCT-1
What is the forecast period for fct,
How do you determine the material...,
Define the term base scenario
29  cards
CAS.GOVTINS
5 reasons for government particip...,
3 levels of government involvemen...,
How can government subsidize losses
5  cards
CHEV.AGRIC
What are the brms business risk m...,
Identify purposes of the brms in ...,
How are the brms programs funded
38  cards
OSFI.EQK
Define pml probable maximum loss,
Key principles for managing earth...,
Briefly describe the key principl...
18  cards
IAA.CLIMATE
What are the challenges faced whe...,
What is physical risk,
What are the main effects of phys...
19  cards
CIA.IFRS17
What principles does ifrs 17 esta...,
Briefly describe the 3 building b...,
Define the term fulfilment cash f...
15  cards
CIA.IFRS17-1
What is the condition for an insu...,
How shall en entity at minimum di...,
Identify components of lic
11  cards
CIA.IFRS17-2
Briefly describe the concept of r...,
Identify 4 methods for calculatin...,
Briefly describe the quantile met...
22  cards
CIA.IFRS17-LRC
Describe lrc,
Describe the concept of contract ...,
Formula carrying amount of csm en...
17  cards
CIA.IFRS17-DR
Briefly describe discount rate,
Briefly describe liquidity premium,
Identify considerations in decidi...
22  cards
CIA.IFRS17-PAA
Describe the carrying amount for ...,
What are the 3 considerations in ...,
Briefly describe 2 approaches to ...
4  cards
OSFI.ORSA
What is the goal of orsa,
Identify the 5 key elements of orsa,
Describe the orsa key element ris...
10  cards
OSFI.STRESS
Define the term stress testing,
Purpose of stress testing ciafct 1,
What are the responsibilities of ...
8  cards
ICA.CH47
Duties of an audit committee 7,
Ways an actuary may cease to be t...,
What must aa do upon revocation r...
9  cards
OSFI.AA
What are legal requirements of th...,
Summarize the roles responsibilit...,
Main aa qualification 3 rules
15  cards
CIA.AA-IFRS17
Briefly describe the responsibili...,
What sort of report would the aa ...,
What sort of report would the aa ...
10  cards
HARRIS.TORT
What is the overall goal of tort ...,
Define join se,
Define collateral source rule
10  cards
DAV.NONPEC
Define the term non pecuniary dam...,
Describe the outcome of the 1978 ...,
Describe reasons for caps on non ...
10  cards
GOVT.FLOODSOLUTIONS
Why was the task force on flood i...,
Identify 5 priority areas for act...,
Define the term risk in the conte...
49  cards
FSCO.TECHNOTES
What classes of auto insurance do...,
Identify the 5 categories of fili...,
Identify legislative requirements...
9  cards
MARSHALL.BENEFITS
What are the component benefits o...,
Which is true for ontario auto in...,
What are the causes of unfair del...
6  cards
AB.AUTO
Guiding principles of ab s automo...,
Goals a fondamental reform would ...,
Results of research from committee 4
10  cards
FREI.RSKTRANS
Describe 2 conditions for a contr...,
List 4 methods for assessing the ...,
Describe the self evident method ...
8  cards
CIA.REINS
List the key principles of risk t...,
2 broad categories of risk limiti...
2  cards
MCD.INTRO
Identify federal areas of exclusi...,
Identify provincial areas of excl...,
Define intra vires ultra vires
11  cards
BAER.INTRO
Types of insurance carriers 4,
Ibc s 5 objectives formed in 1964,
What has been the focus of cdn in...
17  cards
FELD.RTAGS
Legislative response to criticism...,
How rating agencies ensure consis...,
Shortcomings of rating agencies 2
14  cards
CIA.MODELS
Define model,
What are the elements of a model 3,
Define model specification
14  cards
MORN.PENSION
Primary objective of the canada h...,
Identify conditions for province ...,
Identify 2 challenges facing prov...
7  cards
ODO.FINREG
Sap statutory accounting principl...,
Gaap generally accepted accountin...,
Sap v gaap intended user
13  cards
IFA.SOLVENCY2
What does the acronym enid stand ...,
Describe how enid can be identified,
Why might it be beneficial for in...
3  cards
AAA.CRDSC
Define credit score,
What are credit scores used for 3,
Arguments in support of using cre...
6  cards
CIA.MAT
Define materiality,
Identify characteristics of an in...,
Identify a metric to test materia...
6  cards
IBC.CODE
Identify ibc s guidelines on the ...
1  cards
CIA.CSOP
What should be included in the aa...,
Aa s main responsibility regardin...,
What disclosures are required by ...
3  cards
OSFI.SUPFRM
Main responsibility of osfi relat...,
Key principles risk assessment 3 7,
Primary concepts risk assessment 3 9
3  cards
OSFI.CORPGOV
Define corporate governance,
Characteristics of good corporate...,
What items should a risk appetite...
5  cards
CIA.VALN
How should an actuary incorporate...,
What is the ongoing role of actua...,
What specific requirement does os...
3  cards
CIA.RUNOFF
Handling the time value of money ...
1  cards
BCAR.CND
What is the purpose of am best s ...,
What is the bcar formula,
Identify adjustments to balance s...
10  cards
BCAR.CAT
What is a stressed bcar score,
Identify considerations in adjust...,
Describe the steps in the natural...
3  cards

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CAS EXAM 6C SPRING 2023

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