Q. How are initial expenses, renewal expenses, and termination expenses further split according to?

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Q. How are investment expenses typically expressed?

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Q. In expense analysis, what can be the subdivisions for which the analysis is conducted?

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Q. How should the subdivision chosen for expense analysis be?

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Q. How can salaries expenses be split in expense analysis?

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Q. How is the concept of "notional rent" relevant in expense analysis?

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Q. How are computer costs typically allocated in expense analysis?

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Q. How are investment costs typically allocated in expense analysis?

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Q. What is the purpose of comparing expense analysis results with previous investigations and industry statistics?

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Q. What should be excluded from expense analysis?

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Q. What does "expense risk" refer to in the context of insurance?

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Q. How is inflation typically accounted for in expense estimation?

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Q. How are expenses typically covered in insurance premiums?

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Q. In what type of contracts are expense charges usually explicit to policyholders?

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Q. How are charges for expenses sometimes deducted in unit-linked contracts?

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Q. Why is it challenging to design charges in insurance products to correspond exactly to expenses?

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Q. What problem may arise with heavy up-front expenses recouped gradually over the term of a policy?

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Q. How can expense risk be controlled in insurance companies?

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Q. What is one way to minimize model and parameter risk in controlling expense risk?

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Q. Why is regular monitoring and action important in controlling expense risk?

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