Fall 2017 # 22

mkknoles0824mkknoles0824
in EXAM: 2017-Fall

Do we always need to show the difference between the company carried reserves and the high/low ends of the reasonable range as well as the difference between the carried and the point estimate?

Comments

  • Staff - SJStaff - SJ
    Yes. Now remember, for the Actuary’s estimates, there is a choice between point or range estimates, but if both are calculated, both must be disclosed. In this case you may want to consider the format of “Sample 2” in the Examiner’s Report for #22c, where it has 2 lines for item D (Diff in range and Diff in point).
  • mkknoles0824mkknoles0824

    Thank you!

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