Jaarndt

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Jaarndt
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  • Can someone please confirm something with me? I have struggled with the 2018 problem and what is written in the wiki. It seems like the wiki page and the source text say that type 1 events should be reflected in the prior years financial statment re…
    in Exam Problem 2018 Fall #10 Comment by Jaarndt February 2023
  • I am still pretty confused on this concept after going through the battle cards. Battle Card 6 says the for losses the reinsurer records "loss payments to ceding company as a reduction in the liability" (I am assuming this is the liability formed fr…
    in Deposit Accounting Comment by Jaarndt February 2023
  • In this section it mentions that this exception can be used in situations like quota share agreements with a large ceding percentage. I was working on Fall 2017 Q 28 from the NAIC.SSAP-62R section and part a asks you to identify whether the contract…
    in Reason for 'substantially all' exception Comment by Jaarndt February 2023
  • Thank you so much!
    in Relationship to the action levels Comment by Jaarndt February 2023
  • Opps I didn't realize this was the RBC section form. I was actually referring to quiz 3 of the Feldblum.Ratings section.
    in Does RBC consider interest rate risk? Comment by Jaarndt February 2023
  • Hello, I just wanted to point out that I think the last question for Quiz 3 (question 11) needs to be updated. It says that RBC does not consider Catastrophe risk or interest rate risk. This seems to now be included in RBC calculations based on th…
    in Does RBC consider interest rate risk? Comment by Jaarndt February 2023
  • Hello, I read through this and I am still a little confused on how this section relates to the RBC section. Is the RBC table above just a different methodology for regulatory action? I guess I am confused on the point of this section if the RBC tabl…
    in Relationship to the action levels Comment by Jaarndt February 2023
  • Thank you so much for looking into this. It seems the CAS is very inconsistent on this topic. The above from Odomirok seems to even suggest that SAP allows non-tabular discounting but that was listed as a common error in the examiners report. Do you…
    in "Statutory Loss Reserves are booked at their nominal (undiscounted value)" Comment by Jaarndt February 2023
  • Thank you for the response; however, I still think that this section has a typo in the wiki in the footnote #2. I am not asking about the difference between net income earned and net income gain. I understand they are different; however, the footnot…
    in Fall 2018 #16 Comment by Jaarndt January 2023
  • I just need some clarification on something in the wiki that seems to contradict what is listed in this forum. Above graham says that "Investment income DOES NOT include realized gains." However, in the wiki it says for investment income that the in…
    in Fall 2018 #16 Comment by Jaarndt January 2023