Associate In Insurance Accounting And Finance - AIAF

AAA

DEFINITION of 'Associate In Insurance Accounting And Finance - AIAF '

A professional designation program designed to educate candidates about understanding and preparing financial statements for insurers. The Associate in Insurance Accounting and Finance (AIAF) program covers topic areas such as: insurance information systems, accounting and regulations for property and liability insurers, and other related coursework.


INVESTOPEDIA EXPLAINS 'Associate In Insurance Accounting And Finance - AIAF '

Insurer financial statements are prepared to comply with regulations set forth by the National Association of Insurance Commissioners (NAIC) and other regulators. To obtain the designation, the candidate has to complete the program and pass exams administered by the Insurance Institute of America (IIA).

RELATED TERMS
  1. American Insurance Association ...

    A property-casualty trade organization, representing primarily ...
  2. Associate In Information Technology ...

    A designation geared towards insurance professionals which educates ...
  3. Associate In Claims - AIC

    A professional designation designed to provide claims professionals ...
  4. Chartered Insurance Professional ...

    A professional designation granted by the the Insurance Institute ...
  5. Actuary

    A professional statistician working for an insurance company. ...
  6. Generally Accepted Accounting Principles ...

    The common set of accounting principles, standards and procedures ...
Related Articles
  1. A Guide To Financial Designations
    Personal Finance

    A Guide To Financial Designations

  2. Fiduciary Designations For Financial ...
    Professionals

    Fiduciary Designations For Financial ...

  3. Designations No Retirement Planner Should ...
    Professionals

    Designations No Retirement Planner Should ...

  4. A Close Look At Certified Senior Designations
    Professionals

    A Close Look At Certified Senior Designations

Hot Definitions
  1. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  2. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  3. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  4. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  5. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  6. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
Trading Center