Spring 2014 #16b

Can you explain the recoverables from Insurer BB? I'm having trouble understanding why there is a recoverable from the pooling arrangement/how that works, and why the calculation for recoverables is using *.7 for the QS rather than *.3.

Comments

  • This is explained in "Schedule P Practice - Model 2017.Spring #13 (4 problems)", at the very end of the wiki article.

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