SNL Center for Financial Education

Home Calendar of Programs About Us Our Clients Contact Us

Join Our Mailing List

Open Positions at CFE

Interested in Being a Speaker?

AGENDA

CFE Home > Insurance > SAFR > AGENDA

Program Home

Pricing / Registration

Continuing
Education
Credits

2012 Insurance Course Catalog

DAY ONE

Registration and continental breakfast open at 8:00 a.m.

Program begins at 8:30 a.m.

Introduction and Overview

•

Definitions and industry overview

- Risk factors

- Product overview

•

Regulatory concepts

•

Statutory vs. GAAP Accounting

- Major differences

- Illustrations of specific financial impacts

Break

Introduction to Statutory Filings

•	Major items
•	Filing dates
•	Data included
•	Information value and uses
•	Audited financial statements

Lunch

Asset Accounting

•	Non-admitted assets
•	Asset support schedules
•	Illustrations of the impact on the balance sheet of basic premium and loss transactions
•	Investment income accounting - Accounting for investment income - Rules for gains and losses
•	Accounting for investment expenses

Break

Capital

•	Capital account
•	Capital structure of companies - Statutory adjustments - Surplus notes
•	Policyholders' surplus
•	Changes in capital

Day One concludes at approximately 5:00 p.m.

DAY TWO

Continental breakfast opens at 8:00 a.m.

Program begins at 8:30 a.m.

Statutory Liabilities

•	Description/Definition
•	Flows from the P&L

Break

Accounting for Premiums

•	Formulas
•	Earned vs. unearned

Lunch

Accounting for Losses

•	Loss cycles
•	Incurred loss formulas
•	Loss reserves - Case reserves - IBNR reserves
•	Loss adjustment expense

Break

Schedule P

•	Loss development
•	Loss triangles
•	Accounting years

Reinsurance

•	Definitions
•	Functions and uses
•	Impact upon financial statements

Cash Flow Overview and Expense Exhibits

Day Two concludes at approximately 5:00 p.m.

CFE Contact Information
P +1 434-951-7786
F +1 434-984-8038
E info@snlcenter.com

One SNL Plaza
PO Box 2016
Charlottesville, Virginia
22902
USA