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Life Insurance principles

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

By: Martin Landman
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Decks in this class (20)

Chapter 4
0  cards
Chapter 5
0  cards
Chapter 6
What is ci in the context of heal...,
Until when is regular premiums pa...,
How can a lump sum from a ci poli...
37  cards
Chapter 7
Definition of lt care 1,
Where can ltc be provided 2,
Main concerns addressed by ltc 3
48  cards
Chapter 8
As is used for 1,
As is evaluated for 2,
The earned as is the 3
11  cards
Chapter 9
Why are surpluses expected to ari...,
What are the main techniques used...,
What are the key decisions for th...
37  cards
Chapter 10
What are the different methods of...,
How are bonuses granted under the...,
How should the increase based on ...
28  cards
Chapter 11
True or false it is a compulsory ...,
Customer tendency to purchase lif...,
Why do consumers have a natural t...
34  cards
Chapter 12
What are the main costs for a lic...,
When is initial and renewal commi...,
What can happen in terms of commi...
41  cards
Chapter 13-15
What is model risk 1,
What is parameter risk 2,
What does random fluctuation risk...
80  cards
Chapter 16
How is the benefit of a unit link...,
How are expenses met in a uf 2,
When do complications arise under...
23  cards
Chapter 17
The premiums of a unit linked con...,
How were the high initial costs o...,
How does actuarial funding work 3
18  cards
Chapter 18
What is the prime objective of bu...,
What are the requirements of a go...,
What is a model point 3
26  cards
Chapter 19
What are the various uses of mode...,
What are the different features t...,
How would the model points be det...
57  cards
Chapter 20
Why might an actuary look at a po...,
What are the factors to consider ...,
What can the system requirements ...
32  cards
Chapter 23
What are the two fundamentally di...,
What are the typical uses of dete...,
What are the 2 primary reserving ...
46  cards
Chapter 24
Why do supervisory authorities re...,
Describe the relationships that e...,
How is the scr determined 3
18  cards
Chapter 25
What is the most important reserv...,
Describe the pattern of reserves ...,
What are the reasons for not offe...
44  cards
Chapter 29
Define reinsurance 1,
Define cession 2,
Define retrocession 3
43  cards
Chapter 30
What are the reasons for reinsuri...,
What are some of the consideratio...,
What are the factors to consider ...
5  cards

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Life Insurance principles

  • Class purpose General learning

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