Difference between revisions of "Baribeau.Regs"
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|| [[Porter.2-Devlpt]] | || [[Porter.2-Devlpt]] | ||
|| [[Porter.2-Devlpt]] | || [[Porter.2-Devlpt]] | ||
− | | | + | | '''fed role in insurance''': <br> - of Dodd-Frank |
|| [[Porter.2-Devlpt]] | || [[Porter.2-Devlpt]] | ||
| style="background-color: lightgrey;" | | | style="background-color: lightgrey;" | | ||
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| [https://www.battleacts6us.ca/pdf/Exam_(2014_2-Fall)/(2014_2-Fall)_(03).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 #3)'''</span> | | [https://www.battleacts6us.ca/pdf/Exam_(2014_2-Fall)/(2014_2-Fall)_(03).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 #3)'''</span> | ||
|| [[Porter.2-Devlpt]] | || [[Porter.2-Devlpt]] | ||
− | || | + | || '''general description''': <br> - Dodd-Frank |
|| [[NAIC.Solvency]] | || [[NAIC.Solvency]] | ||
|| [[NAIC.Solvency]] | || [[NAIC.Solvency]] | ||
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|| [[Porter.2-Devlpt]] | || [[Porter.2-Devlpt]] | ||
|| [[Porter.2-Devlpt]] | || [[Porter.2-Devlpt]] | ||
− | || | + | || '''surplus lines''': <br> - impact of Dodd-Frank |
− | || | + | || '''cedant benefits''': <br> - under Dodd-Frank |
|} | |} |
Revision as of 19:19, 22 March 2019
Contents
Pop Quiz
BattleTable
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) part (e) part (f) E (2017.Fall #4) Porter.3-Roles-Fed Porter.3-Roles-Fed Porter.3-Roles-Fed Porter.3-Roles-Fed E (2017.Spring #4) E (2016.Fall #4) E (2015.Spring #3) Porter.2-Devlpt Porter.2-Devlpt fed role in insurance:
- of Dodd-FrankPorter.2-Devlpt E (2015.Fall #3) Porter.2-Devlpt general description:
- Dodd-FrankNAIC.Solvency NAIC.Solvency E (2014.Spring #4) Porter.2-Devlpt Porter.2-Devlpt Porter.2-Devlpt Porter.2-Devlpt surplus lines:
- impact of Dodd-Frankcedant benefits:
- under Dodd-Frank
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In Plain English!
Intro
Federal Reserve Authority
Here's just a quick note on a bullet point list that appeared on (2017.Fall #4e):
- Put yourself in the place of a federal regulator overseeing a SIFI. You're ass is on the line!! What would you do to protect yourself (and the insurer of course!) Common sense would tell you to:
- Force the insurer to adhere to strict operating requirements (liquidity requirements, capital requirements, regular stress-testing to identify problems before they get too big)
- But IF (despite your best intentions) the insurer goes insolvent, you should have a resolution plan in place - this is called a living will
Federal Insurance Office (FIO)
Conclusions
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BattleCodes
Memorize:
Conceptual:
Calculational: