AAA.RetainedRisk - Revision history

Graham at 15:05, 27 January 2026

2026-01-27T15:05:11Z

Graham at 20:19, 27 November 2025

2025-11-27T20:19:42Z

Graham at 20:19, 27 November 2025

2025-11-27T20:19:10Z

Graham at 18:59, 18 May 2025

2025-05-18T18:59:20Z

Graham: /* Intended Purpose of the Actuarial Analysis */

2025-05-03T08:12:44Z

‎Intended Purpose of the Actuarial Analysis

Graham: /* Types of Risk Transfer */

2025-05-03T08:10:56Z

‎Types of Risk Transfer

Graham: /* Types of Risk Transfer */

2025-05-03T08:09:55Z

‎Types of Risk Transfer

Graham: /* Types of Risk Transfer */

2025-05-03T08:07:40Z

‎Types of Risk Transfer

Graham: /* Types of Risk Transfer */

2025-05-03T08:06:51Z

‎Types of Risk Transfer

Graham: /* Types of Risk Transfer */

2025-05-03T08:02:25Z

‎Types of Risk Transfer

@@ Line 61: / Line 61: @@
 [https://battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=AAA&suffix=RetainedRisk&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span>
-: [https://www.battleacts6us.ca/vanillaforum6us/categories/aaa-retainedrisk<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+: [https://battleacts.discourse.group/c/candidates-6u/aaa-retainedrisk/202<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 ==In Plain English!==
@@ Line 289: / Line 289: @@
 [https://battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=AAA&suffix=RetainedRisk&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=all<span style="font-size: 20px; background-color: lightgreen; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''Full BattleQuiz]'''</span>
-: [https://www.battleacts6us.ca/vanillaforum6us/categories/aaa-retainedrisk<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
+: [https://battleacts.discourse.group/c/candidates-6u/aaa-retainedrisk/202<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 ==POP QUIZ ANSWERS==

← Older revision		Revision as of 20:19, 27 November 2025
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	'''Author''': American Academy of Actuaries (AAA)		'''Author''': American Academy of Actuaries (AAA)
−
−	[https://www.battleacts6us.ca/vanillaforum6us/categories/aaa-retainedrisk<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]

	[https://battleacts.discourse.group/c/candidates-6u/aaa-retainedrisk/202<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://battleacts.discourse.group/c/candidates-6u/aaa-retainedrisk/202<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]

← Older revision		Revision as of 20:19, 27 November 2025
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	[https://www.battleacts6us.ca/vanillaforum6us/categories/aaa-retainedrisk<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://www.battleacts6us.ca/vanillaforum6us/categories/aaa-retainedrisk<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
		+
		+	[https://battleacts.discourse.group/c/candidates-6u/aaa-retainedrisk/202<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
		+	[https://www.battleacts6us.ca/vanillaforum6us/categories/aaa-retainedrisk ''   (Or click here for Legacy Forum – no longer monitored)''</span>]

	<span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> →		<span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> →

← Older revision		Revision as of 18:59, 18 May 2025
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	[https://www.battleacts6us.ca/vanillaforum6us/categories/aaa-retainedrisk<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]		[https://www.battleacts6us.ca/vanillaforum6us/categories/aaa-retainedrisk<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
		+
		+	<span style="display: inline-block; background-color: blue; color: white; font-weight: bold; text-align: center; line-height: 50px; width: 50px; height: 50px; border-radius: 50%;">VIDEO</span> →
		+	[https://battleacts6us.ca/video/310_Retained_Risk_(v01).mp4 <span style="color: black; font-size: 12px; background-color: aqua; border: solid; border-width: 2px; border-radius: 10px; border-color: aqua; padding: 5px 10px 5px 10px; margin-top: 100px;">'''(5:15) → Retained Risk - General Overview'''</span>]
		+	([[Videos \|Click here for all currently available videos.]])

	{\| class='wikitable' style='background-color: navajowhite;		{\| class='wikitable' style='background-color: navajowhite;

@@ Line 120: / Line 120: @@
 :# &nbsp; <span style="color: red;">'''R'''</span>egulatory Filing for a Qualified Self-Insurance Designation
-We'll discuss each of these below. Make sure your actuarial analysis is not full of hot [https://battleacts6us.ca/animations/95505-laugh.mp4 <span style="color: red;">'''AIR'''</span>].
+We'll discuss each of these below. Make sure your actuarial analysis is <u>not</u> full of hot [https://battleacts6us.ca/animations/95505-laugh.mp4 <span style="color: red;">'''AIR'''</span>]. &larr; That's a joke!
 =====Adequacy of Accruals for Financial Reporting=====

@@ Line 70: / Line 70: @@
 ====Types of Risk Transfer====
-This section is just definitions of different types of risk transfer. Most of them are obvious and things you already know. Quiz #1 below just covers the terms in the table below.
+This section is just definitions of different types of risk transfer. Most of them are obvious and things you already know. Quiz #1 covers the terms in the table below.
 {| class="wikitable"

@@ Line 91: / Line 91: @@
 |-
 | Direct policy in relation to captive || A policy purchased directly from an affiliated captive insurer (typically used for coverages that would otherwise be self-insured).
 |}
 [https://battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=AAA&suffix=RetainedRisk&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=1<span style="font-size: 20px; background-color: aqua; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''mini BattleQuiz 1]'''</span>

← Older revision		Revision as of 08:06, 3 May 2025
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	This section is just definitions of different types of risk transfer. Most of them are obvious and things you already know. I didn't bother putting them in the wiki - you can find them in the quiz below.		This section is just definitions of different types of risk transfer. Most of them are obvious and things you already know. I didn't bother putting them in the wiki - you can find them in the quiz below.
		+
		+	{\| class="wikitable"
		+	! Term !! Definition
		+	\|-
		+	\| Guaranteed cost policy \|\| A policy where an entity transfers all liability to an insurer for a fixed premium.
		+	\|-
		+	\| Retrospectively rated policy \|\| A policy where an entity transfers all liability to an insurer based on actual loss experience. The final premium depends on an audited exposure base and loss experience.
		+	\|-
		+	\| Large deductible policy \|\| A policy where an entity transfers all liability to an insurer but retains a substantial deductible. The final cost includes:
		+	* final premium
		+	* losses within the deductible
		+	* claims handling costs
		+	\|-
		+	\| Self-insurance \|\| An arrangement where an entity retains all risk or purchases coverage for large claims only (common for exposures where insurance is not required by regulation).
		+	\|-
		+	\| Claims made coverage \|\| Coverage where liability for claims reported after the policy expiration remains with the entity (unreported claims liability may accumulate for lines of business with reporting lags).
		+	\|-
		+	\| Captive \|\| Affiliated insurance companies that can assume some or all of an entity's liability. Captives are subject to less stringent regulation than admitted carriers (and can directly insure or reinsure the entity's insurer).
		+	\|-
		+	\| Direct policy in relation to captive \|\| A policy purchased directly from an affiliated captive insurer (typically used for coverages that would otherwise be self-insured).
		+	\|}
		+

	[https://battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=AAA&suffix=RetainedRisk&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=1<span style="font-size: 20px; background-color: aqua; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''mini BattleQuiz 1]'''</span>		[https://battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=AAA&suffix=RetainedRisk&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=1<span style="font-size: 20px; background-color: aqua; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 10px;">'''mini BattleQuiz 1]'''</span>