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Decks in this class (47)

A1. Odomirok 1 to 5
Purpose of financial reporting,
Accounting principles prescribed ...,
Main reason that sap rules are co...
13  cards
B1. The Rs
R0,
R1,
R2
10  cards
D2. NAIC Accounting Practices And Procedures
Users of accounting info,
What is conservatism,
What is consistency
12  cards
D4. ASOP 20
Payment timing,
Discounting rate,
Disclosure
4  cards
A5. Odomirok 12
Written premium section,
Written premium uses lookout for,
Balance sheet
7  cards
A2. Odomirok 6&7
Why are nonadmitted assets not in...,
List some differences between pre...,
Why should users be concerned if ...
13  cards
A3. Odomirok 8&9
List some factors that can be use...,
Underwriting income formular,
The exhibits of net investment in...
16  cards
A4. Odomirok 11
Items discussed in general sectio...,
Purpose of common interrogatories...,
What details does the general sec...
9  cards
A6. Odomirok 13
Schedule ba of as describes,
2 reasons that insurers should no...,
Schedule da of as describes
13  cards
A7. Odomirok 14
Main purpose of schedule f,
List 2 things that the actuary ca...,
How does a change in the provisio...
26  cards
A8. Odomirok 15
List the parts of schedule p,
List some uses of schedule p in a...,
2 components of lae
40  cards
A9. Odomirok 10
List some questions the actuary m...,
What disclosures does the insurer...,
List some questions that the actu...
29  cards
A10. Odomirok 18
When does the iee need to be filed,
List the 3 parts of the iee,
What categories are expenses divi...
12  cards
A11. Feldblum:Surplus
2 definitions of surplus,
2 accounting methods for nonadmit...,
Non admitted portion of accrued r...
11  cards
A12. NAIC SSAP
Define loss contingency asset imp...,
3 components of liabilities,
How should management book the re...
63  cards
B1. Odomirok 19
By when must the rbc report be filed,
Which insurers are exempt from th...,
Reason asset risk charge in the p...
71  cards
B2. NAIC IRIS
Equation and normal range for gwp...,
Factors to consider if ratio 1 is...,
Equation and normal range for nwp...
21  cards
B3. Odomirok 21
List 2 reasons measurement tools ...,
The statutory financial statement...,
How can the accident year loss la...
9  cards
C1. Odomirok 22&23
Compare the gaap sap treatment of...,
Describe the different intended u...,
Compare the gaap sap treatment of...
25  cards
C2. Defrain, Lindbergh & Odomirok 24
List 4 requirements of phase 1 or...,
Definition of an insurance contra...,
3 steps to determine liabilities ...
20  cards
C3. Odomirok 25
Briefly describe the solvency cap...,
3 pillars of solvency ii,
3 methods to calculate the scr
12  cards
D1. SAO
What does the insurer need to pro...,
Requirements to be a qualified ac...,
4 exemptions from producing sao
36  cards
D5. ASOP 41
If an actuarial document contains...,
Examples of items that should be ...,
Disclosures necessary if the actu...
4  cards
D6. ASOP 43
Actions the actuary must take if ...,
Items regarding the unpaid claim ...,
Items that need to be disclosed w...
4  cards
E2. Feldblum: Computing Taxable Income for the P&C Insurance Co.
Economic income equation,
How is the discount rate to be us...,
Portion of tax exempt income that...
20  cards
F4. Freihaut & Vendetti
What must the ceo cfo confirm in ...,
2 criteria to classify a transact...,
Describe why profit commissions n...
17  cards
G.1.1. Porter Chapter 2
Describe supreme court verdict fo...,
Describe background of paul v vir...,
Briefly describe the sherman act ...
34  cards
G.1.2. Porter Chapter 3
List the exceptions to the rule t...,
List 3 circumstances in which sta...,
List 2 cases in which the federal...
13  cards
G.1.3. Porter Chapter 4
List 4 sources of state insurance...,
Law requires commissioner to subm...,
How do state legislatures influen...
14  cards
G.1.4. Porter Chapter 5
Briefly describe 4 types of filin...,
Purpose of insurance regulation,
Describe the basic purposes of a ...
14  cards
G.1.5. Porter Chapter 6
2 reasons that regulators would p...,
2 criteria that dois look at when...,
Briefly describe a domestic insur...
10  cards
G.1.6. Porter Chapter 8
Briefly describe two purposes of ...,
Initial primary purpose of rate r...,
Provide 4 statement of principles...
13  cards
G.1.8. Porter Chapter 12
List some questions raised by the...,
3 levels of regulatory action to ...,
List some of the most frequent co...
22  cards
G4. Credit
Describe how insurers use credit ...,
What constitutes a credit based i...,
Briefly describe 2 ways in which ...
18  cards
G5. Mayer Brown
3 responsibilities of the fio,
How is the dodd frank act a first...,
2 things that the director of the...
13  cards
G6. GAO
Describe the intention of the lia...,
Define an insurance cooperative,
2 advantages of rrgs during hard ...
16  cards
G7. Asbestos
3 reasons that if asbestos usage ...,
Briefly explain why grouping of m...,
List 4 reasons that defense costs...
21  cards
G9. Feldblum: Rating Agencies
List an agency that produces fina...,
List 3 agencies that produce cred...,
Give two criticisms of the use of...
26  cards
G10. NAIC Solvency
What approach did regulators dete...,
List the us insurance regulatory ...,
List briefly describe 3 types of ...
39  cards
G12. Vaughn
List 3 problems with regulation,
Explain why historically the majo...,
2 causes of regulatory forbearance
15  cards
H1. Gov't Insurance Study Note
5 reasons for government particip...,
2 methods in which government has...,
2 implications to the government ...
26  cards
H5. Porter
Limitations on guaranty fund cove...,
Purpose of guaranty funds,
2 compliance responsibilities of ...
5  cards
H6. King
4 reasons that flood insurance is...,
Policy questions concerns raised ...,
What are two conflicting objectiv...
33  cards
H7. Webel
Describe the structure of the tri...,
3 goals of tria,
4 elements of an insurable risk
3  cards
H4. Hamilton and Ferguson
What types of properties are cove...,
List some perils covered under fair,
What types of properties are not ...
16  cards
Trickzzz
Rbc action levels,
Sao,
Sao potential opinions
19  cards
Random
Incurred losses stat vs tax,
Why is there adjustment for inves...,
5 year historical
3  cards

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TIA Exam 6

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