Property and Casualty Insurance Expense Exhibit

Submitted by Lisa Matthews on Thu, 01/12/2012 - 11:16am

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Course Title: Property and Casualty Insurance Expense Exhibit

Description: Review of content and preparation of the Property and Casualty Insurance Expense Exhibit, a supplemental regulatory filing that reports insurer profitability by line of business

Topic: Property and Casualty Insurance Expense Exhibit

Level: Overview

CPE Credits: 2.0 hours

Prerequisites: No prerequisites are necessary. A general understanding of premium, loss and expense concepts and the impact of reinsurance is helpful. An understanding of Part 3 of the Underwriting and Investment Exhibit would be particularly helpful. Part 3 is discussed in depth in our Fundamentals of P&C Insurance Operating Expenses webinar.

NASBA publication/revision date: February 2012

Learning Objectives:

Upon successful completion, the learner should be able to:

  • Explain the purpose and structure of the Insurance Expense Exhibit (IEE)
  • Contrast the nature of the information in Parts II and III
  • Identify the sources of information needed to complete the IEE
  • Understand the differences in line of business breakdowns between the IEE and the Annual Statement
  • Describe the broad three-step process performed for investment gain allocations
  • Accurately complete the IEE Jurat page and IEE interrogatories

Outline:

  • Overview of IEE
  • IEE- Part I
  • Overview of IEE - Parts II and III
  • IEE - Part II
  • Allocation of Investment Gain
  • IEE - Part III
  • IEE Jurat and Interrogatories

DateTimeCost
$160 (first attendee)
$140 (each additional attendee)		Registration is closed.
(Registration closes 2 hours prior to the starting time.)

Note: All times are US Eastern. What time is it now?.


System Requirements:
  • Windows 95 or Higher
  • Internet Explorer 5.0 or Higher
  • 800 x 600 or higher screen resolution
  • Macromedia Flash Player 5 or Higher
  • Acrobat Reader