This class was created by Brainscape user Mohammed Ahmed. Visit their profile to learn more about the creator.
By:
Mohammed Ahmed
- decks
- flashcards
- learners
Decks in this class (38)
0. Course Overview
Give an overview/bird's eye view of the course material/subject matter for F102
7
cards
Ch 1 - 7: Life and health ins prods - Important overview
State 3 basic aspects insurers ne...,
Comment on the considerations an ...,
What kind of customer needs might...
11
cards
Ch 1: Life ins prods - Endowment
Summary card,
Describe an endowment contract,
Describe the forms under which en...
7
cards
Ch 2: Life ins prods - Whole life, Term assurance
Summary card,
Describe a whole life assurance c...,
Discuss the risks to an insurance...
10
cards
Ch 3: Life ins prods - Annuities (immediate, deferred)
Summary card,
Describe in detail an immediate a...,
What forms may be used to write i...
8
cards
Ch 4: Life ins prods - Bases, unit linked
Summary card,
Describe 4 bases on which life in...,
Outline the key features of unit ...
12
cards
Ch 5: Income protection insurance
Discuss the customer needs met by...,
List the key features of an ip co...,
Policy conditions key requirements
18
cards
Ch 6: Critical illness insurance
Describe a critical illness insur...,
In addition to the core descripti...,
What characteristics are required...
16
cards
Ch 7: Long-term care insurance
Describe a long term care insuran...,
What is long term care,
Describe the optimal outcomes of ...
21
cards
Ch 8: Asset shares
Summary card,
Define asset share,
How do we derive asset share form...
10
cards
Ch 9: With-profits surplus distribution 1
Summary card,
List 3 forms in which profits can...,
Explain why the insurer and the w...
16
cards
Ch 10: With-profits surplus distribution 2
Summary card,
Describe the revalorisation syste...,
State 4 advantages of revalorisat...
17
cards
Ch 11: General business environment, 1
Summary card,
List the factors in the general b...,
List 4 distribution channels used...
12
cards
Ch 12: General business environment, 2
Summary card,
List the factors in the general b...,
Describe how an insurer may be af...
12
cards
Ch 20: Product design
Summary card,
List 12 factors to be considered ...,
Meeting customer needs
16
cards
Ch 13: Risk 1
Summary card,
Give an overview of the broad cat...,
List 16 possible sources of risk ...
10
cards
Ch 14: Risk 2
Summary card,
Risk due to new business mix,
Risk due to new business volumes
10
cards
Ch 15: Risk 3
Summary card,
State the overall aims of a life ...,
Comment on aggregation and concen...
6
cards
Ch 16: Unit pricing
Summary card,
Define an internal unit linked fund,
What are the principle risks asso...
11
cards
Ch 17: Actuarial funding
What is actuarial funding,
What are the requirements necessa...,
What common mechanisms can be use...
9
cards
Ch 18: Models 1
Summary card,
State the prime objective in buil...,
Requirements of a good model
13
cards
Ch 19: Models 2
Summary card,
Pricing outline how models are us...,
Model points what is a model point
23
cards
Ch 21: Assumptions 1
Summary card,
Background on assumptions,
Best estimate mortality list 2 se...
34
cards
Ch 22: Assumptions 2
Summary card,
Purposes for different assumption...,
Valuing liabilities overview
30
cards
Ch 23: Supervisory reserves and capital requirements 1
Summary card,
Reserves background,
Reserves background
17
cards
Ch 24: Supervisory reserves and capital requirements 2
Summary card,
Discuss the relationship between ...,
Market consistent val method
20
cards
Ch 25: Surrender values
Summary card,
Sv intro,
Svs for various contracts
28
cards
Ch 26: Alterations
Summary card,
Alterations pup conv w o profits,
Alterations general alterations c...
25
cards
Ch 27: Cost of investment guarantees and mortality options
Summary card,
Investment guarantees value propo...,
Investment guarantees examples
26
cards
Ch 28: Pricing health and care contracts
0
cards
Ch 29: Reinsurance 1
Reinsurance definition,
Reinsurance types,
Facultative vs obligatory reins
28
cards
Ch 30: Reinsurance 2
Reins reasons in depth,
Reins reasons parameter risk,
Reins reasons claims fluctuations...
29
cards
Ch 31: Underwriting
Underwriting definition,
Underwriting purpose,
Underwriting health vs other cont...
29
cards
Ch 32: Policy data checks
Policy data checks,
Data reconciliation checks backgr...,
Data reconciliation checks examples
6
cards
Ch 33: Investment
Principles of investment,
4 main asset classes,
Asset class characteristics
31
cards
Ch 34: Further risk management
Summary card,
Expense control overview,
Expense control monitor compare
17
cards
Ch 35: Monitoring experience
Types of experience monitoring,
Reasons for experience monitoring,
Reasons for experience monitoring...
33
cards
Ch 36: The Big Picture
0
cards
More about
F102 Content - Edited
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Mohammed Ahmed's F102 Content - Edited flashcards for their North West university class 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 F102 Content - Life Insuran...
- 38 decks
- 617 flashcards
- 163 learners
Decks:
0 Course Overview, Ch 1 7 Life And Health Ins Prods Importa, Ch 1 Life Ins Prods Endowment, And more!
