Exam Summaries

2019 Spring

Based on user feedback, the BattleCards corresponding to the 2019.Spring exam will NOT be loaded into the BattleActs database until after the 2019.Fall exam. This is to provide the opportunity for practice on a fresh exam prior to your real exam.

link	reference	paper tested	topic	type of problem
E	(2019.Spring #1)
E	(2019.Spring #2)	Porter.5-Opns-State, Porter.8-Rates	rate filings: disapproval, level of regulatory scrutiny	essay
E	(2019.Spring #3)	NAIC.Solvency, Porter.12-Insolvency	insolvencies: reasons, stages of regulatory intervention, slow regulatory response	essay
E	(2019.Spring #4)	Porter.2-Devlpt	regulation: Paul v VA, U.S. v SEUA, NAIC recommendations	essay
E	(2019.Spring #5)	Porter.2-Devlpt	regulation: Clayton, Robinson-Patman, & McCarran-Ferguson Acts, NAIC model law	essay
E	(2019.Spring #6)	Porter.12-Insolvency	guaranty funds: how they work, coverage limitations, elimination	essay
E	(2019.Spring #7)	Cook.Personal, Webel.TRIA-1	auto & terrorism: high-risk auto plans, TRIA (goals & loss-sharing)	essay
E	(2019.Spring #8)	Germani.GovtIns	WC, crop, flood: reasons for programs, subsidies, participation rates	essay
E	(2019.Spring #9)	Odomirok.8-9-IS	income statement: U/W income, investment income, bond value decrease	calc
E	(2019.Spring #10)	Odomirok.22-23-GAAP, NAIC.IRIS	calculate: SAP surplus, IRIS 9, identify: liquidity exhibits	essay / calc
E	(2019.Spring #11)	Odomirok.15-P	Schedule P: financial health, reserve adequacy	essay
E	(2019.Spring #12)	Odomirok.18-IEE	calculate: investment gain describe: surplus allocation issues	essay / calc
E	(2019.Spring #13)	Odomirok.19-RBC, Odomirok.16-17-SAO	interpret: RBC ratio, calculate: materiality standard, R4, RBC ratio	essay / calc
E	(2019.Spring #14)	NAIC.IRIS	calculate: IRIS 10, 11, 12, 13 (and evaluate financial health)	calc
E	(2019.Spring #15)	Odomirok.19-RBC	calculate: R5	HARD calc
E	(2019.Spring #16)	Odomirok.22-23-GAAP	fair value of liabilities: 3 required components under GAAP	essay
E	(2019.Spring #17)	Odomirok.22-23-GAAP	compare: SAP vs GAAP for various annual statement quantities	essay
E	(2019.Spring #18)	Odomirok.16-17-SAO, COPLFR.SAO	AOS: items A → E	essay / easy calc
E	(2019.Spring #19)	Odomirok.16-17-SAO, COPLFR.SAO	SAO: bright-line indicator test, RMAD	essay / easy calc
E	(2019.Spring #20)	Odomirok.16-17-SAO, COPLFR.SAO	SAO: id & opinion (language errors, qualified opinion, disclosures)	essay
E	(2019.Spring #21)	Odomirok.16-17-SAO, COPLFR.SAO	SAO: Exhibit A, language for SCOPE, disclosures (pooling, reins)	essay / easy calc
E	(2019.Spring #22)	Odomirok.16-17-SAO, COPLFR.SAO	SAO: opinion, RMAD, new business considerations	essay / easy calc
E	(2019.Spring #23)	Freihaut.Reins, NAIC.SSAP-62R	reinsurance: cash flows in a risk transfer test, accounting treatment	essay
E	(2019.Spring #24)	Klann.ReinsComm	commutations: price & taxation, motivation for commutation	essay / HARD calc