Difference between revisions of "NAIC.AnnualExs"

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(Created page with " ==BattleTable== Based on past exams, the '''main things''' you need to know ''(in rough order of importance)'' are: * * : {| class="wikitable" style="width: 1000px;" |-...")
 
 
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'''Reading''': Official Annual Statement Examples
  
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* The following companies post their annual statements online. Candidates may use these (or their own company’s statements) as illustrations to better understand the annual statement but are not responsible for any company-specific data: (1) Allstate and (2) The Liberty Mutual Group.
  
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'''Author''': National Association of Insurance Commissioners (NAIC)
  
==BattleTable==
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&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/naic-annualexs<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>]
  
Based on past exams, the '''main things''' you need to know ''(in rough order of importance)'' are:
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|| '''BA Quick-Summary''': <span style="color: green;>'''Annual Statement Examples'''</span>
  
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This syllabus entry is 2 examples of annual statements, 1 from Travelers and 1 from Liberty Mutual. These are updated each year to provide information for the most recent year-end.
| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
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==Study Tips==
| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
 
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The CAS syllabus citation for this article is confusing. The syllabus says this is a new reading but it really isn't. The financial statements are generally updated with data reflecting the most recent year-end, but that doesn't matter since they are provided only as examples. The exhibits the CAS selects for inclusion in these examples can change significantly from year to year. ''(It seems almost random what they decided to include/exclude.)
| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
 
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Keep these annual statements handy as I've referenced it in various places throughout the wiki. Other than that, there's nothing to do. ''(I've included a small number of super-simple BattleCards below to pump up your BRQ.)''
| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
 
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==BattleTable==
| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
 
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| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
 
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* ''this reading has not been tested on any exam from the year 2012 to Fall 2019 when the exams stopped being published.''
| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
 
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: {| class="wikitable" style="width: 1000px;"
 
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| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
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| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
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| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
 
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[https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=NAIC&suffix=AnnualExs&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/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
 
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| [https://www.battleacts6us.ca/pdf/Exam_(2017_2-Fall)/(2017_2-Fall)_(01).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;">'''(2017.Fall #1)'''</span>
 
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&nbsp;&nbsp;[https://www.battleacts6us.ca/vanillaforum6us/categories/naic-annualexs<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!==
 
==In Plain English!==
  
 
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[https://www.battleacts6us.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=importance-high&subsetFlag=miniQuiz&prefix=NAIC&suffix=AnnualExs&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>
==BattleCodes==
 
 
 
Memorize:
 
 
 
 
 
Conceptual:
 
 
 
 
 
Calculational:
 
 
 
==POP QUIZ ANSWERS==
 

Latest revision as of 13:03, 25 June 2024

Reading: Official Annual Statement Examples

  • The following companies post their annual statements online. Candidates may use these (or their own company’s statements) as illustrations to better understand the annual statement but are not responsible for any company-specific data: (1) Allstate and (2) The Liberty Mutual Group.

Author: National Association of Insurance Commissioners (NAIC)

  Forum

BA Quick-Summary: Annual Statement Examples

This syllabus entry is 2 examples of annual statements, 1 from Travelers and 1 from Liberty Mutual. These are updated each year to provide information for the most recent year-end.

Study Tips

The CAS syllabus citation for this article is confusing. The syllabus says this is a new reading but it really isn't. The financial statements are generally updated with data reflecting the most recent year-end, but that doesn't matter since they are provided only as examples. The exhibits the CAS selects for inclusion in these examples can change significantly from year to year. (It seems almost random what they decided to include/exclude.)

Keep these annual statements handy as I've referenced it in various places throughout the wiki. Other than that, there's nothing to do. (I've included a small number of super-simple BattleCards below to pump up your BRQ.)

BattleTable

  • this reading has not been tested on any exam from the year 2012 to Fall 2019 when the exams stopped being published.
reference part (a) part (b) part (c) part (d)
no prior questions

Full BattleQuiz You must be logged in or this will not work.

  Forum

In Plain English!

Full BattleQuiz You must be logged in or this will not work.