Spring 2016 - 18 c
why 8% discount rate for AY can't be used? why sample answer said missing average discount factor for tax year 2012
It looks like you're new here. If you want to get involved, click one of these buttons!
why 8% discount rate for AY can't be used? why sample answer said missing average discount factor for tax year 2012
Comments
This had to do with needing the discount factor by AY for AMTI, which is no longer in force.
sample answer also said missing AY breakout reserve.
Is the Direct loss + LAE unpaid as of year-end not a reserve but ult - paid = reserve + IBNR??