agnichatter
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Thank you!
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Is there a practice problem for this (just pt 4) or can you use the numbers provided in the pic. Again, verbal descriptions not so hot for me.
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Just realized that the statement of Income is also referring to the Underwriting and Investment Exhibit (i.e. Premiums earned Part 1, Line 35, Col 4, Losses Incurred Part 2, Line 35, Col 7). Generally speaking if I see Pt X Line Y, Col Z is it fr…
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Pretty basic question here but where can I go for a precise difference between assumed and ceded reinsurance? (would love an example as I've just been googling). My interpretation is a reinsurance company can ASSUME risks from a CEDING insurer. …
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I noticed this in another study program. Can I assume that this guidance remains unchanged? (CAS expecting candidates to memorize RBC factors). Cj
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Adding to this thread because I have a follow up w/ regards to the same question. The answer key mentions: "Missing statement that the SCOPE items included in the SAO reflected disclosures in Exhibit B." Where is an example of that?
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Additionally, how are the carried reserves of 20,180 (net) and 23,200 (gross) computed from the numbers attached in the screenshot? Thanks, Cj.