lyee0331

About

Username
lyee0331
Joined
Visits
181
Last Active
Roles
Member

Comments

  • Why do we not need deduct CHANGE in provision for reinsurance for calculating surplus in a)?
    in 2019 S 10 Comment by lyee0331 March 30
  • Hi, I have a question on this again. In Step 2a in the Excel solution, why is chg(UEP) the difference between WP2012 and EP2012? That just gets us UEPR for 2012. Is there no UEPR for 2011?
    in 2013 Q18 a) Comment by lyee0331 March 27
  • For part a, how is the UEPR calculated? I think there could be a calculation error in the solution.
    in 2014 Spring Q14#b Comment by lyee0331 March 22
  • Okay, finally understanding the Excel solution when I look at it again today with a clearer mind. Thanks for the explanation!
    in 2013 Q18 a) Comment by lyee0331 March 18
  • Hi, in Graham's solution above... * For TBIL, shouldn't TBIL = Paid Loss - change(discount)? Why do we use IL instead of PL? * Why are we deducting U/W expense from TBEP? I was trying to understand the updated solution in the Excel workboo…
    in 2013 Q18 a) Comment by lyee0331 March 17
  • Hello, for this question, I did not deduct Prepaid Expense Incurred from the pretax profit excl investment gain as I thought that it is already included in the Total Investment Gain calculation, why should we include this? Also, why should we only d…
    in Fall 2012 #17 Comment by lyee0331 March 13
  • Hi, I have trouble understanding the Days Overdue part. What does "days overdue" mean and why are we counting # days between Jun 15 & Dec 31? I would think days overdue means the number of days between payment and accident date (May 1, 2014)
    in Fall 2015 #15 part a Comment by lyee0331 March 12
  • Hi, I am still not understanding how to get the values for A: Range of Estimates for Reserve. How do we calculate 54,000 and 66,000 for net and gross?
    in Fall 2016 Q24 Comment by lyee0331 February 16