16484880
Descrição
FlashCards por Genevieve Gagnon, atualizado more than 1 year ago
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Criado por Genevieve Gagnon
mais de 5 anos atrás
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| Questão | Responda |
| Name 5 Earthquake Key Principles | 1. Earthquake Exposure Risk Management 2. Earthquake Exposure Data 3. Earthquake Models 4. PML Estimates 5. Financial Resources and Contingency Plans |
| Describe Eqk Risk Mngt | Sound and comprehensive earthquake exposure policies and procedures overseen and implemented by senior management |
| There are 8 elements in Risk Mngt Policies and Procedures: Name 2 | 1. risk appetite and risk tolerance for earthquake insurance; 2. data management practices |
| Earthquake Exposure Data | Appropriately captured and regularly tested for consistency, accuracy and completeness |
| Why is it important to have good earthquake exposure data? | 1. risk transfer, 2. pricing 3. monitoring against limits 4. catastrophe modeling. |
| Elements of the Data Policies and Procedures | 1. Data Integrity 2. Data Verification 3. Data Limitation |
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