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  • 18:38, 1 February 2019 (diff | hist) (+545) N OSFI.AR2(Created page with "This isn't a reading - it's an Excel file of a supplement to an insurer's '''annual''' return. It should be sufficient to have a general understanding of the layout. You can...")
  • 18:38, 1 February 2019 (diff | hist) (+842) N OSFI.AR1(Created page with "This isn't a reading - it's an Excel file of a sample '''quarterly''' return for an insurer. You need to have a general understanding of the layout. Much of it is not specific...")
  • 18:37, 1 February 2019 (diff | hist) (+6,448) N FSCO.Covgs(Created page with "This reading is just a dictionary of coverage definitions and basic insurance terminology. ''(So boring...)'' It defines Ontario auto <u>coverages</u> like accident benefits,...")
  • 18:37, 1 February 2019 (diff | hist) (+2,855) N FSCO.664(Created page with "The link to the FSCO web page is [https://www.ontario.ca/laws/regulation/900664#BK0 Regulation 664]. Note that the title given in the web page is '''R.R.O. 1990, REGULATION 66...")
  • 18:36, 1 February 2019 (diff | hist) (+11,589) N CIA.Valn(Created page with "This reading summarizes a lot of important information regarding duties of an AA that is covered in more detail in other readings. In terms of exam questions, there is very li...")
  • 18:36, 1 February 2019 (diff | hist) (+16,739) N CIA.Duration(Created page with "Most of the information in this reading is contained in other readings. For example, the premium liability reading covers the duration calculation for premium liabilities. Als...")
  • 18:34, 1 February 2019 (diff | hist) (+4,545) N OSFI.TargCap(Created page with "This paper communicates OSFI's expectations regarding capital assessment of insurers. OSFI assesses the ONR (Overall Net Risk) of an insurer, then calculates corresponding cap...")
  • 18:34, 1 February 2019 (diff | hist) (+5,254) N OSFI.CorpGov(Created page with "Good corporate governance should incentivize good corporate behaviour. Why? Failure of an FRFI can severely impact the economy. (U.S. financial meltdown in 2007-2008.) Risk go...")
  • 18:33, 1 February 2019 (diff | hist) (+4,008) N Mayhall.USreg(Created page with "Should insurance regulation in the U.S. be state or federal? The longstanding answer is state, but there have been recent encroachments by federal law, namely ACA (Affordable...") (current)
  • 18:33, 1 February 2019 (diff | hist) (+5,184) N CAS.ATRA(Created page with "ATRA = American Tort Reform Association. This is a U.S.-centric paper, so is of lesser importance, although there was a question worth 1.75pts from the 2012 exam. (Question #1...")
  • 18:32, 1 February 2019 (diff | hist) (+1,899) N KPMG.PACICC(Created page with "This paper should have been called: "Are Actuaries Useless?". Seriously. PACICC commissioned KPMG to study whether P&C insurers that use actuaries are more likely to succeed....")
  • 18:31, 1 February 2019 (diff | hist) (+10,243) N Marshall.Benefits(Created page with "This paper is only 5 pages and is an executive summary of the state of auto insurance in Ontario. ''(Spoiler alert: Auto insurance in Ontario sucks!)'' The frequency of accide...")
  • 18:31, 1 February 2019 (diff | hist) (+9,098) N IFA.Solvency2(Created page with "The topic of Solvency 2 is covered lightly in chapter 25 of a different paper, Odo.FinReg. And an even smaller part of that topic is covered here. This syllabus reading is...")
  • 18:30, 1 February 2019 (diff | hist) (+12,268) N ICBC.Affordable(Created page with "After decades of stability in the British Columbia auto insurance market, the frequency and severity of accidents increased rapidly in the several years leading up to 2016. Th...")
  • 18:30, 1 February 2019 (diff | hist) (+23,490) N CIA.Models(Created page with "This paper on '''models''' isn't too hard and it's quite nicely written. The most important thing you have to know is the <u>definition</u> of a model. (A model is a practical...")
  • 18:26, 1 February 2019 (diff | hist) (+5,027) N CIA.Runoff(Created page with "Short Paper (1 concept): How do you deal with discounting when considering runoff?   [https://www.battleactsmain.ca/vanillaforum/categories/cia-runoff<span style="fo...")
  • 18:25, 1 February 2019 (diff | hist) (+7,569) N CIA.Disclosure(Created page with "This paper discusses the enhanced financial statement disclosure requirements of IFRS 4 ''(International Financial Reporting Standards)''.   [https://www.battleacts...")
  • 18:24, 1 February 2019 (diff | hist) (+6,090) N IBC.Code(Created page with "10 guidelines for the use of credit information in personal insurance for U/W & rating   [https://www.battleactsmain.ca/vanillaforum/categories/ibc-code<span style="...")
  • 18:24, 1 February 2019 (diff | hist) (+12,886) N AB.TNC(Created page with "Alberta has created a policy for ride-sharing providers like Uber. (TNC stands for Transportation Network Companies. ) The policy covers the companies and their drivers. &nbsp...")
  • 18:23, 1 February 2019 (diff | hist) (+13,225) N PACICC.Comp(Created page with "PACICC stands for ''Property And Casualty Insurance Compensation Corporation''. The purpose of PACICC is to provide compensation AFTER insolvency ''(whereas the purpose of OSF...")
  • 18:23, 1 February 2019 (diff | hist) (+9,802) N OSFI.SupFrm(Created page with "This is a foundational paper for how OSFI supervises financial institutions, but is of minor importance for this exam. ''(It covers some of the same topics as OSFI.TargCap...")
  • 18:22, 1 February 2019 (diff | hist) (+19,251) N BK.Reins(Created page with "Blanchard & Klein covers the mathematics of reinsurance, specifically, the impact on the ceding company's financial statements and key financial metrics.   [https:/...")
  • 18:21, 1 February 2019 (diff | hist) (+11,900) N CIA.Reins(Created page with "The purpose of reinsurance is to transfer risk, but it isn't always obvious that risk has really been transferred. A reinsurer may find subtle ways to limit their liability in...")
  • 18:20, 1 February 2019 (diff | hist) (+8,133) N CIA.CSOP(Created page with "Foundational. Most of these 6 CSOPs (Consolidated Standards of Practice) are also covered in other papers. See OSFI.AA for Section 2400 (Appointed Actuary) and CIA.DCAT for Se...")
  • 18:20, 1 February 2019 (diff | hist) (+11,047) N FSCO.UBI(Created page with "UBI stands for Usage-Based Insurance. It's invasive, and the privacy commissioner has ruled that the data it collects is subject to privacy laws, just like credit scores. Norm...")
  • 18:19, 1 February 2019 (diff | hist) (+5,608) N Webel2.TRIA(Created page with "TRIA, originally passed in 2002 (and extended in 2005 & 2007) has been updated and extended as of Jan 12, 2015. You are responsible for the nature of these extensions.  &...") (current)
  • 18:18, 1 February 2019 (diff | hist) (+15,838) N Webel1.TRIA(Created page with "TRIA (Terrorism Risk Insurance Act), signed in 2002, was an act of U.S. congress to ensure the continued availability of commercial terrorism insurance in the U.S. It is a coo...")
  • 18:18, 1 February 2019 (diff | hist) (+9,476) N OSFI.MemoAA(Created page with "OSFI.MemoAA is an insurer-specific paper that communicates OSFI's DETAILED expectations regarding the AAR (Appointed Actuary's Report). It's an indispensable reference if you'...")
  • 18:17, 1 February 2019 (diff | hist) (+11,278) N ICA.Ch47(Created page with "'''Most. Boring. Paper. Ever.''' It's just a bunch of bullet points written in legalese. Luckily, there is little that isn't also covered by OSFI.AA. '''Study Strategy:''' Pay...")
  • 18:16, 1 February 2019 (diff | hist) (+16,614) N Morn.Pension(Created page with "This isn't a P&C paper. It deals with issues of health, workers compensation, and employment insurance, so it's of lesser importance. Many previous exam questions concern the...")
  • 18:15, 1 February 2019 (diff | hist) (+12,144) N CIA.Taxes(Created page with "One formula (tax effect of discounting). Meaning of formula (pre-payment of taxes). Often combined with an MfAD calculation.   [https://www.battleactsmain.ca/vanilla...")
  • 18:14, 1 February 2019 (diff | hist) (+8,606) N KPMG.RegOv(Created page with "There are three broad systems of rate regulation - '''AMC''' (Active, Moderate, Competitive). Each are subdivided into approaches that span the continuum from government manda...")
  • 18:14, 1 February 2019 (diff | hist) (+12,741) N AAA.CrdSc(Created page with "At an NAIC hearing in 2009, Jeff Kucera (AAA member) discussed credit scoring as a rating variable. Although credit scores can be distorted by downturns in the economy, he fel...")