Alternative Surplus allocations and Prem & Loss exhibit

marodriguezmarodriguez
in Odomirok.18-IEE

I'm seeing these two items on the "Cheat sheet" (lower right side) but I'm having trouble finding any details in the wiki or source text. Is there an example of the Prem & Loss exhibit in either of the Liberty or Allstate annual statements? Where can I see more detail on internal models and TVar approach for surplus allocation.

Thanks

Comments

  • Staff - ACStaff - AC

    The correct name of the exhibit is "Underwriting and Investment Exhibit." We'll make that correction.

    Those methods are outside the scope of this exam. They're in Exam 9 material.

  • marodriguezmarodriguez

    Well. I see two exhibits at the bottom right that the IEE is compared to. One is the U/W & Investment Exhibit, the other is Exhibit of Prem & Losses? Do I ignore the Prem & Loss exhibit stuff?
    Thanks

  • Staff - SJStaff - SJ

    I will update the study sheet and clarify that the Premium & Loss Exhibit is statutory page 14 - that bit comes from a Spring 2014 exam question. The Premium & Loss Exhibit is separate & distinct from both the IEE and U&IE.

    Here's an example from a Travelers. The U&IE starts on page 6 and the Premium & Loss Exhibit is on page 47. Where it says "BUSINESS IN THE STATE OF" it is the grand total, but if you do some googling you can find some state specific examples. https://s26.q4cdn.com/410417801/files/doc_downloads/2025/Travelers-Casualty-and-Surety-Company-of-America-NAIC-31194-AS2024.pdf

    I don't think you need to know anything more than the couple bullet points that are on the study sheet related to the Prem & Loss Exhibit. Unlikely to appear, anyways!

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