Difference between revisions of "CIA.FCT-2"
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'''Reading''': Guidance for the 2021 Reporting on Capital and Financial Condition Testing for Life, P&C, and Mortgage Insurers ''(Candidates are not responsible for details related to life assurance or mortgage insurance companies, nor for Sections 1 and 3 and Appendices A, B, and C.)'' | '''Reading''': Guidance for the 2021 Reporting on Capital and Financial Condition Testing for Life, P&C, and Mortgage Insurers ''(Candidates are not responsible for details related to life assurance or mortgage insurance companies, nor for Sections 1 and 3 and Appendices A, B, and C.)'' | ||
Revision as of 21:51, 21 December 2023
MODIFIED for 2024-Spring:
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Reading: Guidance for the 2021 Reporting on Capital and Financial Condition Testing for Life, P&C, and Mortgage Insurers (Candidates are not responsible for details related to life assurance or mortgage insurance companies, nor for Sections 1 and 3 and Appendices A, B, and C.)
Author: Canadian Institute of Actuaries
Pop Quiz
Study Tips
Everything in this reading is covered in other readings. This reading is useful if you do Financial Condition Testing at work because section 5 explains the differences between the old DCAT methodology and the new FCT methodology, but all of the relevant information regarding FCT is already in CIA.FCT-1. The following sections of the source text are excluded from the syllabus:
- Section 1: Life regulatory capital requirements
- Section 3: Mortgage Insurance regulatory capital requirements
- Appendices A, B, and C
Estimated study time: zero minutes
BattleTable
No past exam questions are available for this reading.
reference part (a) part (b) part (c) part (d)
In Plain English!
See CIA.FCT-1.
