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Decks in this class (46)

Odomirok 1-5
Purpose of financial reporting,
Accounting principles prescribed ...,
Main reason that sap rules are co...
13  cards
Odomirok 10
What disclosures does the insurer...,
List some questions the actuary m...,
List 2 uses of the disputed balan...
29  cards
Odomirok 11
Purpose of common interrogatories...,
Items discussed in general sectio...,
List some examples of insight tha...
8  cards
Odomirok 13
2 reasons that insurers should no...,
Schedule ba of as describes,
Schedule d of as describes
11  cards
Odomirok 14
List 2 things that the actuary ca...,
Main purpose of schedule f,
How is the provision for reinsura...
26  cards
Odomirok 15
List some uses of schedule p in a...,
List the parts of schedule p,
How are losses in part 1 grouped
40  cards
Odomirok 18
List the 3 parts of the iee,
When does the iee need to be filed,
List some uses of the iee
10  cards
Odomirok 6-7
Why are nonadmitted assets not in...,
List some differences between pre...,
Portion of agents balances that i...
9  cards
Odomirok 8-9
Underwriting income formula,
List some factors that can be use...,
List some problems that may arise...
16  cards
SSAP 5
3 components of liabilities,
Define loss contingency asset imp...,
2 necessary criteria to charge a ...
9  cards
SSAP 53
When is written premium recorded ...,
When are the additional premium f...,
2 methods to uniformly earn premi...
8  cards
SSAP 62
5 benefits of reinsurance,
2 classes of reinsurance contracts,
Contract provisions included in m...
29  cards
SSAP 65
How are premium liabilities recor...,
How are premium liabilities recor...,
Accounting action required of ins...
13  cards
SSAP 9
Define subsequent events,
2 categories of subsequent events,
Which events should already be re...
4  cards
Surplus
2 definitions of surplus,
2 accounting methods for nonadmit...,
Non admitted portion of interest ...
7  cards
IRIS
Equation and normal range for gwp...,
Factors to consider if ratio 1 is...,
Equation and normal range for nwp...
17  cards
Odomirok 19
Which insurers are exempt from th...,
By when must the rbc report be filed,
List some risks that are excluded...
73  cards
Odomirok 21
List 2 reasons measurement tools ...,
The statutory financial statement...,
List some financial statements th...
9  cards
Defrain
Definition of an insurance contra...,
List 4 requirements of phase 1 or...,
3 steps to determine liabilities ...
5  cards
Lindbergh
List 3 reasons that private compa...,
List 2 concerns that the naic has...,
What is iasbs definition of signi...
14  cards
Odomirok 22-23
Describe the dierent intended use...,
Compare the gaap sap treatment of...,
Compare the gaap sap treatment of...
19  cards
Odomirok 25
3 pillars of solvency ii,
Briefly describe the solvency cap...,
3 methods to calculate the scr
12  cards
ASOP 41
If an actuarial document contains...,
Examples of items that should be ...,
Disclosures necessary if any of t...
4  cards
ASOP 43
Actions the actuary must take if ...,
Items regarding the unpaid claim ...,
Factors that the actuary should c...
4  cards
SAO 1
Requirements to be a qualified ac...,
What does the insurer need to pro...,
What does the insurer need to do ...
27  cards
Tax
Economic income equation,
What is the discount rate to be u...,
Reason that tax calculations use ...
14  cards
Freihaut
2 criteria to classify a transact...,
What must the ceo cfo confirm in ...,
Formula for expected reinsurer de...
13  cards
Asbestos
3 reasons that if asbestos usage ...,
Briefly explain why grouping of m...,
Provide statistics to demonstrate...
21  cards
Credit
What constitutes a credit based i...,
Describe how insurers use credit ...,
Briefly describe why credit score...
16  cards
GAO
Define an insurance cooperative,
Describe the intention of the lia...,
2 parties that can own a rrg
14  cards
Mayer Brown
How is the dodd frank act a first...,
3 responsibilities of the fio,
Briefly explain the information c...
12  cards
NAIC Solvency
List the us insurance regulatory ...,
What approach did regulators dete...,
3 stages of financial regulation
39  cards
Porter Ch 12
3 levels of regulatory action to ...,
List some questions raised by the...,
List 2 benchmarks of regulatory p...
22  cards
Porter Ch 2
Describe background of paul v vir...,
Describe supreme court verdict fo...,
Briefly describe 2 schools of tho...
27  cards
Porter Ch 3
List 3 circumstances in which sta...,
List the exceptions to the rule t...,
Briefly describe the current defi...
13  cards
Porter Ch 4
Law requires commissioner to subm...,
List 4 sources of state insurance...,
List 4 features of a typical stat...
13  cards
Porter Ch 5
Purpose of insurance regulation,
Briefly describe 4 types of filin...,
List some of the most common reas...
13  cards
Porter Ch 6
2 criteria that dois look at when...,
2 reasons that regulators would p...,
What do regulators examine during...
9  cards
Porter Ch 8
Initial primary purpose of rate r...,
Briefly describe two purposes of ...,
Briefly explain the political the...
11  cards
Feldblum: Rating Agencies
List 3 agencies that produce cred...,
List an agency that produces fina...,
List 3 reasons why financial stre...
24  cards
Vaughan Economic
Explain why historically the majo...,
List 3 problems with regulation,
Describe regulatory forbearance
14  cards
Government Insurance Study Note
5 reasons for government particip...,
2 methods in which government has...,
List 2 examples of programs where...
26  cards
Hamilton & Ferguson 6 & 9
Briefly describe the fair plan,
Describe how the fair plan operates,
What types of property are consid...
16  cards
King
Policy questions concerns raised ...,
4 reasons that flood insurance is...,
3 uses of the flood hazard maps d...
33  cards
Porter 2
Purpose of guaranty funds,
Limitations on guaranty fund cove...,
Explain how guaranty funds are op...
5  cards
Webel
3 goals of tria,
Describe the structure of the tri...
2  cards

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Exam 6

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