AAii 302 Insurance Operations & Finance case studies
AAii 302 Insurance Operations & Finance · Put your knowledge to work in context.
AAI 302 Insurance Operations & Finance is listed in the profile as an exam split evenly between two domains: Insurance Operations (50%) and Insurance Finance (50%). That split tells you where to spend your study hours: half of your preparation should go to how insurance organizations run - workflow, roles, service and process - and half to the financial side, such as how insurer results are measured and reported. The AAii 302 Insurance Operations & Finance case studies are 5 cases and about 2,798 words.
1Reserve Release Pressure After a Severity Shock
Cedar Valley Insurance is a regional auto carrier with 480 million of net written premium. At the 2024 reserve committee, the CFO notes that the 2023 bodily injury accident year has 1,200 reported claims, 480 still open, and an average case reserve of 18,500.
593 words, about 3 min2Catastrophe Treaty Retention Trade-off
Harbor Point Specialty writes 120 million of commercial property premium, concentrated in Gulf and Atlantic coastal states. Its catastrophe treaty is 45 million excess of 5 million and costs 4.8 million.
560 words, about 3 min3MGA Audit Findings and Termination Risk
Granite Mutual delegates binding authority to Ridgeline Underwriters, an MGA, for small commercial package business. Ridgeline produced 24 million of gross written premium last year across 6,400 policies at a 22% commission.
535 words, about 3 min4Premium Suspense After Policy Admin Migration
Beacon Life & General migrated its policy administration system in November. At the January close, the premium accounting team reports $3.1 million sitting in a cash suspense account and 2,200 unmatched receipts.
567 words, about 3 min5Duration Gap in a Rising-Rate Environment
Meridian Retirement holds a 1.17 billion fixed annuity block. Liabilities have a duration of 9.2 years; invested assets of 1.35 billion have a duration of 6.4 years and a book yield of 4.1%.
543 words, about 3 min