CONTACT US: info@battleacts.ca
© BattleActs100, 2024, All Rights Reserved
| Abbreviation | Meaning |
|---|---|
| A/R | Annual Return |
| AA | Availability & Affordability OR Appointed Actuary (depends on context) |
| AAD | Average Accident Date |
| AAR | Appointed Actuary's Report |
| AM | Assumptions, Methods |
| AML | Assumptions, Methods, Limitations |
| AMS | Assumptions, Methods, Scenarios |
| APD | Average Payment Date |
| APV | Actuarial Present Value |
| AvE | Actual versus Expected |
| B/S | Balance Sheet |
| C.Clms | Ceded Claims |
| C.DiscRt | Ceded Discount Rate |
| calc | calculate |
| CapMgmt | Capital Management |
| CF | Cash Flow |
| CI | Comprehensive Income |
| ClmSettPrac | Clms Settlement Practices |
| ClmsLiabs | Claims Liabilities |
| consids | considerations |
| ContPlan | Contingency Planning |
| CPV | Ceded Present Value |
| CR | Capital Requirement |
| CT | Calibration Test (ICP17.CapAdeq) |
| DAC | Designated Assessment Centre |
| DCAT | Dynamic Capital Adequacy Testing |
| DiscRt | Discount Rate |
| DPAE | Deferred Policy Acquisition Expense |
| EPD | Expected Policyholder Deficit |
| eqk-X | earthquake exposure |
| ERM | Enterprise Risk Mgmt |
| F/S | Financial Statement |
| FinCond | Financial Condition |
| FinPos | Financial Position |
| FinRes | Financial Resources |
| FRFI | Federaly Regulated Financial Institution |
| G.Clms | Gross Claims |
| G.DiscRt | Gross Discount Rate |
| GPV | Gross PV |
| I/S | Income Statement |
| IAA | International Actuarial Association |
| IAIS | International Association of Insurance Supervisors |
| IASB | International Accounting Standards Board |
| ICT | Internal Capital Target |
| ii | investment income |
| Ins | Insurance |
| InsD | Insured |
| InsR | Insurer |
| IntRting | Interactive Ratings |
| IntTargCap | Internal Capital Target |
| JPD | Judicial Policy Directive |
| L | Limits |
| LAT | Liability Adequacy Test |
| legn | legislation |
| LLC | Landmark Legal Cases |
| LOB | Line of Business |
| LOC | Letter of Credit |
| MfAD | Margin for Adverse Deviation |
| N.Clms | Net Claims |
| N.DiscRt | Net Discount Rate |
| NI | Net Income |
| NPV | Net Present Value |
| NSC | Nature, Scale, Complexity |
| NOD | Non-Owned Deposits |
| OCI | Other Comprehensive Income |
| opns | operations |
| P/L | Profit/Loss |
| PCFRC | P&C Financial Reporting Committee |
| PDR | Premium Deficiency Reserve |
| PfAD | Provision for Adverse Deviation |
| PH | PolicyHolder |
| PML | Probabl Maximum Loss |
| POG | Peace, Order, Good govt |
| POL | Proof of Loss |
| PolLiabs | Policy Liabilties |
| P-Patt | Payment-Pattern |
| PrLiabs | Premium Liabilities |
| PV | Present Value |
| RCR | Regulatory Capital Requirement |
| RegCap | Regulatory Capital |
| regn | regulation |
| rel-suff | reliable & sufficient |
| ROL | Rule of Law |
| RskMgmt | Risk Management |
| SalvSub | Salvage & Subrogation |
| SIRs | Self-Insured Retentions |
| SigActs | Significant Activities of an InsR |
| SQT | Statistical Quality Test (ICP17.CapAdeq) |
| supCapReq | supervisery Capital Requirements |
| SuprCrt | Supreme Court |
| TLF | Taxes, Licenses, Fees |
| UEComm | Unearned Commissions (ReIns) |
| UT | Use Test (ICP17.CapAdeq) |
| valn | valuation |
| YBE | Yearly Basic Exemption |
| YMPE | Yearly Maximum Pensionable Earnings |
© BattleActs100, 2024, All Rights Reserved