This class was created by Brainscape user Ryno van der Berg. Visit their profile to learn more about the creator.
- decks
- flashcards
- learners
Decks in this class (18)
Chapter 1 - South African General Business Environment
2 main ways for companies to grow,
Regulation affects 3,
Advantages of insurance products ...
11
cards
Chapter 3 - Product Design, Pricing and Distribution
Ways to mirigate risks,
Critical illness benefit payable ...,
4 characteristics of an illness t...
27
cards
Chapter 4 - Contract Design and Pricing
Factors to consider when determin...,
Discounted cf method is the most ...,
In determining rating factors the...
4
cards
Chapter 5 - Methods of Sale in South Africa
Key marketing channels used 4,
Types of commission paid 3,
How could commission levels lead ...
1
cards
Chapter 6 - South African Insurance Taxation
Recently 3 major changes to the t...,
Prms may be deducted from the tax...,
An example of a tax exempt instit...
1
cards
Chapter 8 - Professional Guidance
Apn 105,
Apn 106,
Apn 107
3
cards
Chapter 7 - The South African Regulatory Environment
Requirements and responsibilities...,
Maintenance of the financially so...,
Own risk and solvency assessment ...
18
cards
FSI 1
Definition of prescribed scr,
Mcr requirements 4,
What is the scr cover ratio
6
cards
Chapter 9 - Supervisory and Published Reporting Valuations
Discretionary margins in publishe...,
Define risk margin,
The non unit reserve must be deri...
15
cards
Chapter 10 - Profitability Of Existing And New Business
Future surpluses are expected to ...,
Definition of pvif,
Define adjusted net worth and giv...
2
cards
Chapter 11 - Analysis Of Surplus
Reasons why a company would analy...,
How does surplus arise
2
cards
Chapter 12 - Analysis Of Change In EV
Reasons for analysing the change ...,
The difference between the actual...
2
cards
Chapter 13 - Ongoing Solvency
A life insurer will need capital ...,
Reasons for projecting solvency 4,
Definition of required economic c...
12
cards
Chapter 15 - SA Surplus Distribution System Requirements
Describe horizontal equity,
What does vertical equity mean,
How reasonable benefit expectatio...
4
cards
Chapter 16 - Surplus Distribution Policy
Sources of surplus 6,
Definition of asset share,
The degree to which declared bonu...
11
cards
Chapter 17 - Asset Liability Management
What is asset liability matching,
What is asset liability managemen...,
What is asset liability modelling
8
cards
Exam Insights
What contracts will be included i...,
Define an orphan estate,
Points to discuss when describing...
8
cards
Chapter 14 - Surrender Values and Alternations of Non-Linked Contracts
Principles for determining surren...,
2
cards
More about
f202 - life insurance fellowship
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Ryno van der Berg's F202 - Life Insurance Fellowship 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?
Insurance Life & Health
- 27 decks
- 838 flashcards
- 14 learners
Decks:
Unit 1 General Insurance, Unit 2 Life Health Insurance Underwritin, Unit 3 Basics Of Life Insurance, And more!
ACEM Fellowship
- 10 decks
- 260 flashcards
- 36 learners
Decks:
Drugs, Scoring Systems, Syndromes, And more!
Xcel Life Insurance
- 32 decks
- 875 flashcards
- 60 learners
Decks:
Chapter One, Chapter Two, Chapter Two Quiz Questions, And more!
