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Cohen Subramoney
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Decks in this class (40)
Chapter 1 - Actuarial Advice
Who do actuaries advise in the pr...,
How are stakeholders other than t...,
Explain why and how certain factu...
7
cards
Chapter 2 - External Environment
External environment factors
1
cards
Chapter 3 - Regulation
Principle aims of regulation,
Costs of regulation,
Why is regulation needed
9
cards
Chapter 4 - Introduction to Financial Products & Customer Needs
Benefit types,
Describe the main types of social...,
Explain the main principles of in...
4
cards
Chapter 5 - Benefit Overview & Providers of Benefits
Describe the main providers of be...,
The state,
Employers
5
cards
Chapter 6 - Life Insurance Products
Key features of life insurance pr...,
Life insurance products by invest...,
Profit calculation for life insur...
9
cards
Chapter 7 - Healthcare Products
Overview,
Main product types,
Reserves investment
4
cards
Chapter 8 - General Insurance Products
Overview key features,
Main types,
Profit calculation
7
cards
Chapter 9 - Bond and Money Market
Understanding investment characte...,
Cash on deposit,
Money market key players
7
cards
Chapter 10 - Equity and Property Markets
Equity system t,
Equity categorisation by 3 main f...,
Why specialise in a specific inve...
8
cards
Chapter 11 - Other Investment Classes
Other investments include investm...,
Collective investment schemes,
Cis scheme types
11
cards
Chapter 12 - Behaviour of the Markets
Describe how the risk profile of ...,
Describe the principle economic i...,
Factors affecting short term inte...
8
cards
Chapter 13 - Valuation of Investments
Individual asset valuation methods,
Bond valuations,
Equity valuations
7
cards
Chapter 14 - Relationships between returns on asset classes
0
cards
Chapter 15 - Choosing an Appropriate Investment Strategy
Institutional risk appetite,
Factors affecting institutional i...
2
cards
Chapter 16 - Asset Liability Management
0
cards
Chapter 17 - Investment Management
Discuss the principles and object...,
Tactical asset allocation,
Risk budgeting
6
cards
Chapter 18 - Modelling
Operational considerations when b...,
Deterministic vs stochastic model...,
Sensitivity analysis
3
cards
Chapter 19 - Data
1021 explain the ethical and regu...,
1022 explain the main issues to b...,
1023 explain the risks associated...
9
cards
Chapter 20 - Setting Assumptions
Assumption setting,
Past historical data,
Data fluctuations changes over time
3
cards
Chapter 21 - Mortality & Morbidity
Factors contributing to mortality...,
Types of selection
2
cards
Chapter 22 - Expenses
Expense categories,
Expense categories,
Expenses can be allocated by clas...
4
cards
Chapter 23 - Contract Design
Factors of contract design
1
cards
Chapter 24 - Pricing & Financing Strategies
Determining the cost of benefits,
Determining the price of benefits,
Determining the incidence of moni...
3
cards
Chapter 25 - Risk Governance
Risk management process consists ...,
Risk classification,
Risk measurement
11
cards
Chapter 26 - Risk Identification & Classification
Risk identification,
Initial risk identification analysis,
Market risk
9
cards
Chapter 27 - Financial Product & Benefit Scheme Risks
Uncertainty in benefits,
Benefit risks related to benefits...,
Benefits that are not known in ad...
8
cards
Chapter 28 - Accepting Risk
Risk tolerance s limits,
Risk limits,
Capital requirements for risk
5
cards
Chapter 29 - Risk Measuring & Reporting
Risk quantification,
Risk evaluation with scenario ana...,
Risk evaluation with stress testing
9
cards
Chapter 30 - Risk Transfer
Responses to risk,
Reinsurance,
Proportional reinsurance
6
cards
Chapter 31 - Other Risk Controls
Managing controlling retained risks,
Diversification,
Underwriting
6
cards
Chapter 32 - Provisions
Why calculate provisions,
Different bases for provision cal...,
Factors affecting choice of basis
4
cards
Chapter 33 - Valuation of Liabilities
Valuation methods for valuing lia...,
Valuing options guarantees,
Provision calculation methods
3
cards
Chapter 34 - Reporting of Results
Accounting concepts principles,
Financial accounts,
Reports accompanying accounts
7
cards
Chapter 35 - Insolvency & Closure
Insurance company insolvency,
Projecting solvency of an insuran...,
Compensation schemes
8
cards
Chapter 36 - Capital Management
Definition,
Start up capital and development ...,
Why is capital needed
5
cards
Chapter 37 - Capital Requirements
Solvency ii,
The basel accords for banks and c...,
Own risk and solvency assessment ...
7
cards
Chapter 38 - Surplus & Surplus Management
Why perform an analysis of surplu...,
Carrying out an analysis of surplus,
Levers on surplus
5
cards
Chapter 39 - Monitoring
Why monitor experience,
Data required for monitoring,
Analysis of data for monitoring
4
cards
Banking Overview
0
cards
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