This class was created by Brainscape user Ailish Holyoak. Visit their profile to learn more about the creator.
By:
Ailish Holyoak
- decks
- flashcards
- learners
Decks in this class (23)
Chapter 0: Introduction to general insurance
Technical reserves may be split i...,
The size of the free reserves is ...
2
cards
Chapter 1: Insurance products - background
Main criteria for a risk to be in...,
Additionally for a risk events to...,
Factors that affect the level of ...
4
cards
Chapter 2: Insurance products - types
Main types of liability insurance 1,
Main types of property insurance 2,
Main types of financial loss insu...
4
cards
Chapter 4: Accounting: methods and interpretation
Reserves needed for annual one ye...,
Main accounting concepts 2,
Accounting ratios 3
4
cards
Chapter 5: Reinsurance products - background
Main reasons for reinsurance 1,
Ways of writing reinsurance busin...
2
cards
Chapter 6: Reinsurance products - types
Main types of proportional reinsu...,
Advantages of quota share reinsur...,
Disadvantages of quota share rein...
14
cards
Chapter 7: Determining appropriate reinsurance
Main factors determining an insur...
1
cards
Chapter 8: General insurance market
Where reinsurance can be obtained...,
Participants in the london market 2,
Reasons for setting up captives 3
7
cards
Chapter 9: The external environmnet
Economic influences on insurance ...,
The underwriting cycle 2,
Possible reasons why the underwri...
5
cards
Chapter 10: Risk and uncertainty
Uncertainties faced by a general ...,
Uncertainties with determining pr...,
Main elements that contribute to ...
10
cards
Chapter 11: Data
Potential benefits of using indus...,
Potential problems when using ind...,
Reasons for heterogeneity in indu...
15
cards
Chapter 12: Actuarial investigations
Steps involved in a rating analys...,
In an expense analysis we 2,
Main items of expenses 3
14
cards
Chapter 13: Reasons for estimating reserves and different reserving bases
Reasons for assessing calculating...,
Reserving methodologies vary acco...,
If a discount rate is not specifi...
3
cards
Chapter 14: Best estimate reserves
In sam the best estimate is chara...,
Data required for reserving 2,
Advantages of grouping data accor...
26
cards
Chapter 15: Quantifying uncertainty in reserves
Uncertain factors that influence ...,
Terms used to identify sources of...,
Ways of estimating the range of p...
23
cards
Chapter 16: Assessment of the reserving results
The results of a reserving exerci...,
When interpreting diagnostics con...,
Common diagnostics 3
9
cards
Chapter 17: Reinsurance reserving
Data issues for inwards reinsuran...,
Main methods of reserving for out...,
Factors to consider when grouping...
4
cards
Chapter 18: Rating methodologies and bases
Methodology used to calculate pre...,
Components of the risk premium 2,
Components of the office premium 3
5
cards
Chapter 19: Methods of calculating risk premium
Techniques used under the cost pl...,
Burning cost data requirements 2,
Advantages of the burning cost ap...
31
cards
Chapter 20: Further considerations when rating
Requirements of rating factors 1,
Reasons the premium charged will ...,
Other practical considerations af...
3
cards
Chapter 21: Investment principles and ALM
Primary objectives with investmen...,
Risk appetite of insurer will dep...,
Liability characteristics to cons...
12
cards
Chapter 22: Capital modelling methodologies
Types of capital 1,
Reasons insurers hold more capita...,
Capital models can be categorised...
21
cards
Glossary
24ths method 1,
365ths method 2,
Accident year 3
221
cards
More about
F103 Lists & Glossary
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Ailish Holyoak's F103 Lists & Glossary 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.
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?
Actuarial F103 - General Insurance
- 33 decks
- 1534 flashcards
- 387 learners
Decks:
Chapter 0 Introduction To General Insura, Chapter 1 Insurance Products Background, Chapter 2 Insurance Products Types F203, And more!
Private: Actuarial F103 - General Ins...
- 33 decks
- 1534 flashcards
- 24 learners
Decks:
Chapter 0 Introduction To General Insura, Chapter 1 Insurance Products Background, Chapter 2 Insurance Products Types F203, And more!
Actuarial F103 - General Insurance
- 33 decks
- 1534 flashcards
- 1 learners
Decks:
Chapter 0 Introduction To General Insura, Chapter 1 Insurance Products Background, Chapter 2 Insurance Products Types F203, And more!
F103 General Insurance
- 23 decks
- 1209 flashcards
- 2 learners
Decks:
Chapter 0 Introduction To General Insura, Chapter 1 Insurance Products Background, Chapter 2 Insurance Products Types, And more!
