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

Decks in this class (15)

Chapter 24: Pricing and Financing Strategies
What is the difference between th...,
What factors influence the price ...,
How should the cost of benefits b...
21  cards
Chapter 25: Risk governance
Risk management process,
List the 6 steps of the risk mana...,
Which stage of the risk managemen...
20  cards
Chapter 26: Risk identification and classification
What techniques can be used as pa...,
Outline the techniques that can b...,
List the 6 major types of risk ca...
24  cards
Chapter 27: Financial products and benefit scheme risks
What are the two key risks to a b...,
What are the two key risks to the...,
What is the key risk to the state...
18  cards
Chapter 28: Accepting risk
List features of a company that m...,
How does a market for risk arise,
What makes a market for risk tran...
10  cards
Chapter 29: Risk measurement and reporting
Describe how the risk identificat...,
Outline how a model could be used...,
State how operational risks can b...
25  cards
Chapter 30: Risk transfer
List 6 possible responses from wh...,
What factors affects the choice o...,
What factors affect the extent to...
24  cards
Chapter 31: Other risk control measures
List 4 risk management tools avai...,
How can an insurer diversify its ...,
Why might an insurance company us...
18  cards
Chapter 32: Provisions
Provisions,
List reasons why a provider calcu...,
What is the difference between in...
20  cards
Chapter 33: Valuation of liabilities
What is the most important factor...,
Describe the traditional discount...,
What is the major criticism of th...
17  cards
Chapter 34: Reporting results
Outline the emphasis of changes t...,
List eleven accounting concepts,
Outline important things that sho...
10  cards
Chapter 35: Insolvency and closure
Why do insurers rarely become ins...,
How are an insurance company s ex...,
If an insurance company is facing...
11  cards
Chapter 36: Capital management
What does capital management involve,
Why do individuals need capital,
Why do companies need capital
16  cards
Chapter 37: Capital requirements
List 2 types of assessments of ca...,
Regulatory capital,
Solvency capital requirement
16  cards
Chapter 38: Surplus and surplus management
1  cards

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2024 session 2

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