Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

F102 - Life (Skeleton)_MM

This class was created by Brainscape user Merveilleuse M. Visit their profile to learn more about the creator.

By: Merveilleuse M
Start Studying

Decks in this class (22)

CH 1 - 7 (Products)
Major types of life insurance,
Elements of product structure,
Product cycle
41  cards
CH 8 (Asset Shares)
Positive components of asset share,
Negative components of asset share,
Recursive formula for asset share
6  cards
CH 9 - 10 (Profit Distribution)
Ways of distributing surplus,
Types of additions to benefits bo...,
Key decisions on distribution
20  cards
CH 11 (Distribution Channels)
Reasons for consumers avoiding in...,
Driving forces behind sales,
Types of channels
7  cards
CH 12 (General Business Environment)
Types of commission,
Categories of expenses,
Everything an insurance company s...
13  cards
CH 13 - 15 (Risks)
3 classes of assumption risk,
Qualities of good data risk if no...,
Data checks
15  cards
CH 16 (Pricing Units)
Two key principles of pricing units,
Management box concept,
Two pricing bases
10  cards
CH 17 (Actuarial Funding)
Adjusted reserve formula,
Purpose of actuarial funding,
Two types of units
9  cards
CH 18 - 19 (Models)
Different types of model focus of...,
Requirements of a good model pt 2,
Advantages of deterministic
14  cards
CH 20 (Product Design)
Process of designing and pricing ...,
3 components of service in life p...
2  cards
CH 21 - 22 (Setting Assumptions)
Steps to setting assumptions,
3 approaches for allowing for trends,
Importance of investment return a...
18  cards
CH 23 - 24 (Supervisory Reserves and Capital Requirements)
Two approaches to liability valua...,
Two methods to liability valuation,
Gross premium
16  cards
CH 25 - 26 (Surrenders and Alterations)
Types of discontinuance,
Without profits surrender value f...,
Retrospective vs prospective feat...
15  cards
CH 27 (Cost of Guarantees and Options)
Examples of investment guarantees,
Methods of assessing the implied ...,
Valuing mortality option
8  cards
CH 28 (Pricing Health and Care Contracts)
Claim inception and disability an...,
Critical illness,
Two tables in double decrement ap...
4  cards
CH 29 - 30 (Reinsurance)
Coinsurance original terms,
Coinsurance level risk premium,
Risk premium insurance recurring ...
15  cards
CH 31 (Underwriting)
Benefits of underwriting,
Types of underwriting,
Methods of medical underwriting
10  cards
CH 32 (Policy Data Checks)
Types of data checks,
Characteristics of good quality data
2  cards
CH 33 (Investment)
Importance of investment success,
Principles of investment,
Nature of liabilities matching re...
9  cards
CH 34 (Further Risk Management)
Managing expenses,
Managing commission levels incl a...,
Managing persistency
6  cards
CH 35 (Monitoring Experience)
Two types of experience investiga...,
Reasons to monitor experience,
Investigated factors
13  cards
Definitions
Capital loss,
Overall accumulated loss,
Replacement ratio
12  cards

More about
F102 - Life (Skeleton)_MM

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Merveilleuse M's F102 - Life (Skeleton)_MM flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions