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Ang Sun
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Decks in this class (58)
MCT
Minimum supervisory target for mc...,
What s the mct ratio requirement ...,
Are insurers required to meet cap...
47
cards
FCT - 1
Principal goals of fct,
Goals purpose of stress testing,
Describe complement to other risk...
51
cards
IAA. Climate
What are the challenges faced whe...,
What are the 3 main risks related...,
What is physical risk
19
cards
OSFI.ORSA
What is the general role or orsa,
Does osfi approve an insurer s orsa,
What is the relationship between ...
16
cards
OSFI.Stress
Definition of stress testing,
Purpose of stress testing,
Describe how stress testing is a ...
10
cards
BCAR.Cdn
What is the purpose of am best s ...,
What is the bcar formula,
How is ac calculated in the bcar ...
27
cards
BCAR. CAT
Why is cat loss a big threat to f...,
Identify drivers for recent incre...,
Identify best s expectations for ...
11
cards
Feld.RtAgs
Legislative response to criticism...,
Importance of financial strength ...,
How rating agencies ensure consis...
17
cards
OSFI.TargCap
OSFI's expectations regarding capital assessment of insurers
8
cards
IFA. Solvency2
principles- based insurance regulatory system to determine the required capital levels of insurance companies in EU
10
cards
OSFI.CorpGov
What is an frfi,
Define corporate governance,
Characteristics of good corporate...
18
cards
CCIR. Instructions
Identify and describe 3 methods o...,
Describe 1 complication when calc...,
Identify components of she shareh...
10
cards
CIA.IFRS17
What principles does ifrs17establish,
Briefly describe the 3 building b...,
Define the term fcf
34
cards
CIA.IFRS17-1 Reinsurance
IFRS17 - Actuarial Considerations related to P&C reinsurance contracts issued and held
23
cards
CIA.IFRS17-1 RA
Risk Adjustment for Non-Financial Risk for insurance contracts
31
cards
IFRS - LRC
What is a simple formula for insu...,
What is a simple formula for lrc ...,
How does ifrs17 define lrc
64
cards
IFRS - DR
Define the ifrs17 term discount rate,
Deinf,
Define the ifrs17 term liquidity ...
36
cards
IFRS - PAA
assessing whether a group of insurance contracts meets the required eligibility guidance for use of PAA to measure LRC
7
cards
CIA. Duration
Which risk category under mct doe...,
Definition of duration,
How is macaulay duration computed
16
cards
OSFI.Eqk
What is a broad 3 point plan for ...,
Define pml probable maximum loss,
Define gross pml and net pml
34
cards
Frei.RskTrans
Benefit to cedant when contract q...,
Describe 2 conditions for a contr...,
Identify the components of insura...
28
cards
CIA. Reins
List the 4 key principles of risk...,
In a risk transfer contract what ...,
When should existence of risk tra...
13
cards
Odo.FinReg
Objective of sap vs gaap,
Intended user of sap vs gaap,
Asset recognition of sap vs gaap
26
cards
CIA.Mat
Define materiality,
What materiality is not,
Identify the main consideration i...
11
cards
CIA.CSOP
Describe when an actuarial approx...,
Identify an example of an approxi...,
Identify considerations in determ...
15
cards
CIA.Valn
How should an actuary incorporate...,
Why may the development method no...,
What is the ongoing role of actua...
8
cards
CIA.Runoff
~ CY emergence = development
1
cards
OSFI.AA
What are the legal requirements f...,
Summarize the roles responsibilit...,
What is the main responsibility o...
37
cards
ICA.CH47
Duties of audit committee related...,
Duties of bod,
Describe audit membership
17
cards
CIA.AA - IFRS 17
Describe the responsibilities of ...,
What sort of report would aa issu...,
What sort of report would aa issu...
11
cards
OSFI. Memo AA
Who sets the requirements of aar ...,
Is the aar part of an insurer s a...,
Briefly describe what is included...
32
cards
CIA.Subseq
Define calculation date,
Define report date,
Define report
32
cards
CIA.Models
Define model,
What are the elements of a model,
Define model specification
31
cards
KPMG.RegOv
best practices of actuarial involvement in the regulatory oversight of p&c insurance rates
27
cards
FSCO.PPA
Prohibited risk classification el...,
Does this comply with on regulati...,
Does this comply with on regulati...
30
cards
FSCO.TechNotes
filing requirements for auto insurance in ON
15
cards
Marshall.Benefits
state of auto insurance in ON
6
cards
AB.Auto
Identify the 7 goals of ab auto i...,
Describe the 5 findings of the al...,
Name 2 provinces with a pure no f...
13
cards
AB.TNC
What is the purpose of alberta s ...,
What insurance must a driver have...,
Describe 4 use periods related to...
15
cards
AAA.CrdSc
Define credit score,
Define insurance score,
What are credit scores used for
13
cards
IBC.Code
guidelines of using credit information
5
cards
OSFI.SupFrm
how OSFI supervises financial institutions
9
cards
FSCO.664
Is fsco regulation 664 part of th...,
Does fsco664 pertain to auto insu...,
Identify 4 topic sin fsco664
3
cards
FSCO.Covgs
Define accident benefits,
Define catastrophic injury,
Define tort deductible
7
cards
Harris.Tort
reforming tort systems
26
cards
Dav.Nonpec
Define non pecuniary damages,
Describe the trilogy ruling,
Describe reasons for caps on gene...
12
cards
MCD.Intro
Identify federal areas of exclusi...,
Identify provincial areas of excl...,
Define intra vires ultra vires
17
cards
Baer.Intro
Types of insurance carriers,
Define individual underwriting,
Define joint stock company
48
cards
KPMG.PACICC
Identify the types of insurers un...,
Identify the types of insurers un...,
What is ccir
8
cards
Govt.FloodSolutions
Why was the task force on flood i...,
Identify and briefly describe the...,
Identify 5 priority areas for act...
69
cards
Chev.Agri
What is gf2 growing forward 2,
What are the 6 brms business risk...,
Identify purposes of the brms in ...
63
cards
Morn.Pension
Primary objective of the canada h...,
Identify conditions for province ...,
F2017q11
24
cards
PACICC.Comp
What is the purpose of pacicc pro...,
Who administers this policyholder...,
Who are the members of pacicc
16
cards
Dutil.FA
Objective goal of fa,
Description of fa,
Mission of fa
27
cards
CAS.GovtIns
Identify levels of government inv...,
Identify 5 reasons for government...,
Identify examples for each reason...
16
cards
MSA ratios
Give 4 examples of company charac...,
Give,
Give examples of an insurer with ...
5
cards
mix
Reasons for caps on non pecuniary...,
Identify exceptions to trilogy de...,
Define j s liability
100
cards
final
Ma,
Policies excluded by pacicc,
Relationship manager responsibility
90
cards
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Exam 6
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