Difference between revisions of "Odomirok.8-9-IS"

Revision as of 21:07, 20 November 2018

Based on past exams, the main things you need to know (in rough order of importance) are:

reference	part (a)	part (b)	part (c)	part (d)
E (2018.Spring #9)	define: - insurer recoverable	define: - insurer payable	define: - reinsurer funds held	define: - reinsurance provision
E (2018.Spring #10)	calculate: - statutory income	expense allocation: - impact on profitability	expense allocation: - actuary's involvement
E (2017.Fall #9)	calculate: - statutory income	users & purpose: - B/S & I/S ¹
E (2017.Fall #10)	calculate: - surplus
E (2017.Fall #13)	calculate: - value of bonds	regulator concerns: - regarding assets
E (2016.Fall #14)	calculate: - surplus	financial health: - evaluate
E (2015.Fall #15)	identify & calculate: - non-I/S surplus changes	calculate: total surplus change	identify reasons: - surplus change
E (2014.Fall #12)	see also NAIC.IRIS	see also NAIC.IRIS	see also NAIC.IRIS
E (2013.Fall #19)
E (2012.Fall #14)		see Odo RBC

¹ B/S stands for Balance Sheet, and I/S stands for Income Statement.

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Memorize:

Conceptual:

Calculational:

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 | [https://www.battleacts6us.ca/pdf/Exam_(2015_2-Fall)/(2015_2-Fall)_(15).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2015.Fall #15)'''</span>
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+|| '''identify & calculate''': <br> - non-I/S surplus changes
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+|| '''calculate''': <br> total surplus change
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+|| '''identify reasons''': <br> - surplus change
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