Reinsurance - Revision history

107.179.141.183: /* Final Thoughts */

2018-12-17T01:46:14Z

‎Final Thoughts

107.179.141.183: /* Final Thoughts */

2018-12-17T01:45:27Z

‎Final Thoughts

107.179.141.183: /* Final Thoughts */

2018-12-17T01:45:08Z

‎Final Thoughts

107.179.141.183 at 19:05, 16 December 2018

2018-12-16T19:05:06Z

107.179.141.183 at 18:59, 16 December 2018

2018-12-16T18:59:33Z

107.179.141.183 at 18:58, 16 December 2018

2018-12-16T18:58:19Z

107.179.141.183: /* Section 3ab & 4: Pitfalls & Practical Considerations in Reinsurance */

2018-12-16T18:47:48Z

‎Section 3ab & 4: Pitfalls & Practical Considerations in Reinsurance

107.179.141.183: /* Intro */

2018-12-16T18:03:00Z

‎Intro

107.179.141.183: /* Intro */

2018-12-16T18:02:28Z

‎Intro

107.179.141.183: /* Intro */

2018-12-16T18:02:10Z

‎Intro

← Older revision		Revision as of 01:46, 17 December 2018
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	I mentioned in the introduction at the very top of this wiki article that it seems like there's a lot of memorization, especially in the sections on ''pitfalls'' and ''practical considerations''. But many of the BattleCards are actually quite easy if you've simply memorized the 2 lists and have some general sense for how risk transfer works. The main thing from this reading is developing the '''skill''' for assessing the existence of risk transfer. For this, you have several different standard methods. It's just practice.		I mentioned in the introduction at the very top of this wiki article that it seems like there's a lot of memorization, especially in the sections on ''pitfalls'' and ''practical considerations''. But many of the BattleCards are actually quite easy if you've simply memorized the 2 lists and have some general sense for how risk transfer works. The main thing from this reading is developing the '''skill''' for assessing the existence of risk transfer. For this, you have several different standard methods. It's just practice.
−
−	~~<hr>~~

	[https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Freihaut&suffix=Reins&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> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>		[https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Freihaut&suffix=Reins&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> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>

@@ Line 289: / Line 289: @@
 ===Final Thoughts===
-I mentioned in the introduction at the very top of this wiki article that it seems like there's a lot of memorization here, especially in the sections on ''pitfalls'' and ''practical considerations''. But many of the BattleCards are actually quite easy if you've simply memorized the 2 lists and have some general sense for how risk transfer works. The main thing from this reading is developing the '''skill''' for assessing the existence of risk transfer. For this, you have several different standard methods. It's just practice.
+I mentioned in the introduction at the very top of this wiki article that it seems like there's a lot of memorization, especially in the sections on ''pitfalls'' and ''practical considerations''. But many of the BattleCards are actually quite easy if you've simply memorized the 2 lists and have some general sense for how risk transfer works. The main thing from this reading is developing the '''skill''' for assessing the existence of risk transfer. For this, you have several different standard methods. It's just practice.
 <hr>

@@ Line 289: / Line 289: @@
 ===Final Thoughts===
-There have not been any exam questions that ask you simply to list the '''6 pitfalls''' or '''4 practical considerations''' in risk transfer. I'm a little surprised by that - it seems like a standard type of question. In fact, there haven't been questions of any sort on the '''pitfalls.''' ''(I think it's only a matter of time before one appears.)'' Rather, old exam questions have <u>focused on</u> the '''practical considerations.'''
+I mentioned in the introduction at the very top of this wiki article that it seems like there's a lot of memorization here, especially in the sections on ''pitfalls'' and ''practical considerations''. But many of the BattleCards are actually quite easy if you've simply memorized the 2 lists and have some general sense for how risk transfer works. The main thing from this reading is developing the '''skill''' for assessing the existence of risk transfer. For this, you have several different standard methods. It's just practice.
 <hr>

← Older revision		Revision as of 19:05, 16 December 2018
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−	Freihaut & Vendetti covers several methods for assessing whether risk transfer from ~~and~~ insurer to reinsurer has ~~taken place~~. The existence ''(or non-existence)'' of risk transfer has important accounting implications. The main thing you have to do is '''practice''' the different methods for assessing risk transfer. A smaller portion of the tested material concerns '''pitfalls''' and '''practical considerations''' in risk transfer tests. There are a lot of BattleCards for this reading, but most of them are quite easy once you understand how to apply to risk transfer testing methods.	+	Freihaut & Vendetti covers several methods for assessing whether risk transfer from insurer to reinsurer has occurred. The existence ''(or non-existence)'' of risk transfer has important accounting implications. The main thing you have to do is '''practice''' the different methods for assessing risk transfer. A smaller portion of the tested material concerns '''pitfalls''' and '''practical considerations''' in risk transfer tests. There are a lot of BattleCards for this reading, but most of them are quite easy once you understand how to apply to risk transfer testing methods.

	[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins<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/freihaut-reins<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 18:59, 16 December 2018
Line 1:		Line 1:
−	Freihaut & Vendetti covers several methods for assessing whether risk transfer from and insurer to reinsurer has taken place. The existence ''(or non-existence)'' of risk transfer has important accounting implications. The main thing you have to do is '''practice''' the different methods for assessing risk transfer. A smaller portion of the tested material concerns '''pitfalls''' and '''practical considerations''' in risk transfer tests. There are a lot of BattleCards for this reading, but ~~many~~ of them are quite easy.	+	Freihaut & Vendetti covers several methods for assessing whether risk transfer from and insurer to reinsurer has taken place. The existence ''(or non-existence)'' of risk transfer has important accounting implications. The main thing you have to do is '''practice''' the different methods for assessing risk transfer. A smaller portion of the tested material concerns '''pitfalls''' and '''practical considerations''' in risk transfer tests. There are a lot of BattleCards for this reading, but most of them are quite easy once you understand how to apply to risk transfer testing methods.

	[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins<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/freihaut-reins<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 18:58, 16 December 2018
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		+	Freihaut & Vendetti covers several methods for assessing whether risk transfer from and insurer to reinsurer has taken place. The existence ''(or non-existence)'' of risk transfer has important accounting implications. The main thing you have to do is '''practice''' the different methods for assessing risk transfer. A smaller portion of the tested material concerns '''pitfalls''' and '''practical considerations''' in risk transfer tests. There are a lot of BattleCards for this reading, but many of them are quite easy.
		+
	[https://www.battleacts6us.ca/vanillaforum6us/categories/freihaut-reins<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/freihaut-reins<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>]

@@ Line 246: / Line 246: @@
 These examples are used to illustrate the '''pitfalls''' and '''practical considerations''' discussed in this section, but also that if you get another problem like <span style="color: red;">'''(2016.Fall #16a)'''</span>, you'll be familiar how quota-share, and excess-of-loss reinsurance contracts work. This section is fairly straightforward memorization.
-There '''first''' list must memorize is:
+There '''first''' list you must memorize is:
 :{| class="wikitable"
@@ Line 265: / Line 265: @@
 [https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=Freihaut&suffix=Reins&section=all&subSection=all&examRep=all&examYear=all&examTerm=all&quizNum=4<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 4]'''</span> <span style="color: red;">'''You must be <u>logged in</u> or this will not work.'''</span>
-There '''second''' list must memorize is:
+There '''second''' list you must memorize is:
 :{| class="wikitable"

@@ Line 119: / Line 119: @@
 # requires that a <u>significant loss</u> to the reinsurer is reasonably possible
-: ''A related concept concerns the '''components''' of insurance risk. It's generally understood that insurance risk must include:''
+: A related concept concerns the '''components''' of insurance risk. It's generally understood that insurance risk must include:
 :* <span style="color: green;">'''U/W risk'''</span> ''(there must be uncertainty in the $-value of loss)''