EFPA EFA - independent subject foundations case studies
EFPA EFA - independent subject foundations · Put your knowledge to work in context.
This independent study page provides practice for EFPA EFA - independent subject foundations. Its editorial learning areas include Goals, cash flow, insurance and lifecycle planning; Investment instruments, portfolios and measured performance; Financial appraisal, financing and conditional valuation models; Futures, options, swaps and conditional hedging models; Risk transfer, policy analysis, underwriting and claims; National accounts, money and fiscal reasoning; Market, credit, liquidity and model-risk reasoning. The EFPA EFA - independent subject foundations case studies are 6 cases and about 1,050 words.
1Fictional policy calculation
A fictional policy exercise specifies a covered property loss of800currency units. The supplied wording says to subtract a100deductible first and then apply a1000payment limit.
167 words, under 1 min2Fictional risk-treatment comparison
A fictional archive experiences occasional water leaks that can damage stored documents. Its team considers repairing a roof, moving sensitive records above floor level, maintaining copies and buying a policy covering specified water damage.
171 words, under 1 min3Fictional underwriting result
A fictional non-life insurer uses a simplified educational model in which loss and expense components both divide by earned premium. Earned premium for the period is1000currency units, incurred covered losses are620and underwriting expenses are300.
155 words, under 1 min4Fictional reinsurance layer
A fictional contract exercise defines a reinsurance layer paying the portion of a covered insurer loss above100currency units, with a maximum layer payment of300. A covered loss of500occurs.
162 words, under 1 min5A cost-center schedule with a stated base and an absorption difference
A fictional manufacturer supplies a classroom cost-center schedule with budgeted production overhead of forty-eight thousand currency units and budgeted machine activity of one thousand six hundred hours. A job uses direct materials of four hundred, direct manufacturing labor of two hundred fifty and four machine hours.
216 words, about 1 min6Fictional constrained production
A fictional workshop has100available machine hours for a short planning period. Product A sells for50currency units and has variable cost30per unit, using two machine hours.
179 words, under 1 min