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F1IARD

This class was created by Brainscape user Roxanne Barroso-Lapa. Visit their profile to learn more about the creator.

By: Roxanne Barroso-Lapa
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Decks in this class (13)

Section 2 - Standards of Practice
Materiality 1240 what is material...,
Materiality 1240 if you are unsur...,
The work 1400 when is it okay to ...
26  cards
Section 2 - Rate Regulation (Chap 28)
3 objectives of rate regulation 1,
Types and sub types of rate regul...,
Gouvernment mandated rates defini...
12  cards
Section 2 - Professionalism, Judgement and documentation
Chap 2 what are the 8 key conside...,
Chap 9 what is a reasonable judgm...,
Blank 3
3  cards
Data (Chap 4 & 5 )
What are the four main ways to ag...,
What is the primary advantage of ...,
Why is accident year claim data c...
35  cards
Section 4 : Cats Essentials
Define a catastrophe model and it...,
List and briefly describe the fiv...,
Name the primary perils that cata...
21  cards
Section 4 : Cats deep dive
Why is historical loss data insuf...,
What are the five key components ...,
What does an average annual loss ...
36  cards
Section 5 - Exposures (Chap 12)
What s an example of an uneven ea...,
Why do we use average premium per...,
3 criterias of a good exposure ba...
6  cards
Section 5 - Premiums (chap 13 and 27)
How do you calculate the on level...,
What is the 2 main weaknesses of ...,
When should you use extension of ...
40  cards
Section 5 - Losses
What is the overlap fallacy in lo...,
How do catastrophes and large los...,
4 critical adjustments that must ...
13  cards
Section 5 - Glossary
Describe the difference between c...,
Blank 2
2  cards
Section 6 : Segmentation
What is adverse selection and why...,
How can big data help mitigate ad...,
What s the risk of using overly g...
55  cards
Section 8 : Reinsurance
Contrast a treaty reinsurance arr...,
What is the difference between pr...,
Blank 3
3  cards
Section 7 : Large accounts
What s the difference between ded...,
What is a per event deductible 2,
What is a time deductible aka wai...
41  cards

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F1IARD

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