Actuarial Notes

CAS Exam 6C Spring 2017, Question 1

Study guide: Exam 6C

Part a (1 point)

Identify four matters that are intra vires of the federal Parliament.

Part b (0.5 points)

Briefly describe two areas that the federal legislation is concerned with regarding the financial soundness of an insurance company.

Part c (1.25 points)

Identify whether each of the following is intra vires of provincial legislation.

  • i. Reinstatement premium rate
  • ii. Premium payment schedule
  • iii. Brokerage fees
  • iv. Rating methodology
  • v. Claims handling process

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Concepts tested

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