Actuarial Notes

CAS Exam 6C Spring 2016, Question 1

Study guide: Exam 6C

Part a (1 point)

Identify four areas of concern with the financial soundness or solvency of insurance companies which federal legislation addresses.

Part b (1 point)

Other than duty to disclose and contents of the insurance policy, identify four areas of the insurance contract that provincial legislation regulates.

Part c (0.5 points)

Describe the requirements for foreign insurance companies to hold adequate assets in Canada under the Insurance Companies Act.

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Concepts tested

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