Prometric Training Course Content

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Prometric Training Course Content Details

What prometric

Prometric additionally referred to as Prometric Testing may be a U.S. company within the check administration business. Prometric operates a check center network composed of thousands of websites in one hundred sixty countries.

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several examinations area unit administered at Prometric sites as well as those from NMLS, the ecu Personnel choice workplace, the Medical faculty Admission check (MCAT), the Graduate Record Examinations (GRE), USMLE, the specialist of National Board-Common Entrance check of National Board of Examinations, the Uniform Certified Public comptroller Examination, creator Registration Examination, the USPTO registration examination, and yankee oil Institute. Prometric’s company headquarters area unit settled in Canton (Baltimore, Maryland) within the u. s..

Prometric’s computerised testing centers were based by Drake International in 1990 beneath the name Drake Prometric. In 1995, Drake Prometric L.P. was oversubscribed to Sylvan Learning in a very money and stock deal price or so $44.5 million. The noninheritable business was renamed Sylvan Prometric, then oversubscribed to Thomson Corporation in 2000. The Thomson Corporation declared its need to sell Prometric within the fall of 2006, and academic Testing Service declared its plans to accumulate it. for more info click here

Prometric Course Content

01.Fundamentals of Insurer Financial Statements

  • Balance sheet
  • Income statement
  • Cash flow statement
  • Notes and disclosures

02.Other Premium Accounting Issues

  • Financing—premiums versus service charges
  • Earning premium before it is written
  • Extended reporting endorsements (definiteversus indefinite periods)
  • Reinsurance lags
  • Large deductible credits

03.Unearned Premium

  • Pro rata and non-pro rata approaches to earning
  • premium
  • Multiyear policies
  • Liability adequacy test and the premium
  • deficiency reserve

04.Loss and Loss Adjustment Expense

  • Loss accounts
  • Loss cycle
  • Paid loss versus cash payment
  • Recoverable amounts
  • Accounting for discounted reserves
  • Self-insurer issues

05.Reinsurance Accounting Basics


  • Assumed reinsurance
  • Ceded reinsurance
  • Commutations
  • Prospective versus retroactive reinsurance

06.Distinguishing Characteristics of Insurance Policies

  • Indemnity
  • Utmost good faith
  • Fortuitous losses
  • Contract of adhesion
  • Exchange of unequal amounts
  • Conditional
  • Nontransferable

07.Structure of Insurance Policies

  • Self-contained and modular policies
  • reprinted and manuscript policies
  • Standard and nonstandard forms
  • Endorsements and other related documents

08.Types of Policy Provisions

  • Declarations
  • Definitions
  • Insuring agreement
  • Exclusions
  • Conditions
  • Miscellaneous provisions

09.Property Valuation Methods

  • Actual cash value
  • Replacement cost
  • Agreed value
  • Functional valuation

Prometric Training Demo

Contact Us for Prometric Online and Classroom Training

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Updated: May 11, 2017 — 4:14 am

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