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F202 Life Insurance Fellowship_MM

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

By: Merveilleuse M
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Decks in this class (16)

Chapter 1: South African general business environment
Outline 7 aspects of the general ...,
The two main ways for companies t...,
Factors affecting new business 7
20  cards
Chapter 2: South African socio-economic conditions
Define emerging markets,
Ftse classifies countries into th...,
Ftse classifies countries into th...
8  cards
Chapter 3: South African specific products
List the different product types 5,
Define risk products,
The following aspects of a policy...
35  cards
Chapter 7: The South African regulatory environment
The tcf fairness outcomes positio...,
Firms will be required to demonst...
2  cards
Chapter 9: Supervisory and published reporting valuations
1 published financial reporting m...,
For the purpose of determining wh...,
General principles for setting be...
39  cards
Chapter 10: Profitability of existing and new business
1 what is profitability,
What is profitability the profits...,
A true and fair view is one that ...
30  cards
Chapter 11: Analysis of surplus
Reasons for analysing the change ...,
The sources of surplus,
The data used to perform the anal...
3  cards
Chapter 12: Analysis of change in embedded value
Reasons for analysing the change 8,
The difference between pvif1 actu...,
Additional information provided b...
4  cards
Chapter 13: Ongoing solvency
1 purpose,
A life insurer will need capital for,
The main components of the scr co...
7  cards
Chapter 15: South Africna distribution systems requirements
1 equity,
Equity the main requirement of a ...,
Equity horizontal equity
8  cards
Chapter 16: Surplus distribution policy
1 bonus structures,
Bonus structures in south africa ...,
Bonus structures reversionary bonus
36  cards
Chapter 18: Risk management and controls
The main categories of risk 6,
This chapter includes some specif...,
Chapter 5 part 1 of the insurance...
8  cards
Embedded Value
Reasons for analysing the change ...,
The main components into which th...,
In the analysis of change in ev a...
4  cards
Chapter 17: Asset-liability managment
Steps for asset liability matchin...,
Alm step 1 clarify the key object...,
Alm step 2 determine suitable ass...
3  cards
Chapter 6: South African insurance taxation
Deduction of expenses in the poli...,
Excess e position,
Securities transfer tax stt
5  cards
Chapter 14: Surrender values and alterations of non-linked contracts
Factors to consider before offeri...,
There are a number of different p...,
The principles underlying the fir...
8  cards

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F202 Life Insurance Fellowship_MM

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