|
AIAF 400 provides a detailed study of statutory
accounting practices as applied in life and health insurance companies, an
analysis of how those principles compare with generally accepted accounting
principles, a review of the planning, budgeting, management reporting, multiple
company ownership, and asset/liability matching aspects of an insurer's
operations, and the differences and similarities among U.S. and Canadian
accounting principles.
Topics
Covered:
-
Development
of Insurance Accounting
-
Bonds
and Stocks
-
Mortgage
Loans
-
Real
Estate Investments and Joint Ventures
-
Policy
and Claim Reserve Liabilities
-
Other
Assets and Liabilities
-
Capital
and Surplus
-
Revenues
-
Benefits,
Commissions, Expenses, and Dividends
-
Federal
Income Taxation
-
Accounting
for Lines of Business
-
Cost
Allocation
-
GAAP
Accounting
-
Treasury
Management, Budgeting, and Management Reports
-
Mergers
and Acquisitions
-
Consolidations
and Holding Companies
-
Asset/Liability
Matching
-
Canadian
Life Insurance Industry Accounting
-
Reinsurance
How
to Enroll
Log in to
LOMANET, LOMA’s internet-based system that allows students and
training administrators to access student information, monitor progress,
and enroll for exams.
Note:
Both rigorous and technical, AIAF 400 assumes that you have a prior background in insurance accounting and
finance. LOMA strongly recommends that you complete LOMA 361 and all other LOMA and AICPCU/IIA courses assigned in the AIAF Program before enrolling for this course.
Note: The AIAF 400 examination is administered only via I*STAR at participating member companies and select Prometric Testing Centers. If your company does not offer exams via I*STAR and you would like to enroll in this course, please contact LOMA's
Office of the Registrar.
Ordering
Study Materials
To order course material
contact:
PBD Worldwide Fulfillment Services
Order online! www.pbd.com
Tel: 1-800-887-3723 or 770-280-4178
Fax: 770-280-4150
E-mail: LNH@pbd.com
Textbooks for this course:
Life, Accident and Health Insurance Accounting, Fourth Edition, including the 2003 Addendum on
CD-ROM (2001); (Insurance Accounting & Systems Association, Inc.) [PBD
Order # AIAF 400-10-01].
AIAF Statutory Accounting Learning Guide (2001); (LOMA; ISBN 1-57974-154-1) [PBD Order # AIAF 400-40-01].
AIAF
Designation Program
Beginning January 1, 2007, the AIAF life/health track consists of the following courses:
- LOMA 290—Insurance Company Operations (LOMA)
- LOMA 356—Investment Principles and Institutional Investing (LOMA)
or AIAF 113—Insurance Company Finance (AICPCU/IIA, discontinued in 2007)
- LOMA 371—Managing for Solvency and Profitability in Life Insurance Companies (LOMA)
- AIAF 112—Insurance Information Systems (AICPCU/IIA)
- AIAF 400—Statutory Accounting for Life and Health Insurers (LOMA)
|
