NAPellegrini25
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- NAPellegrini25
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Got it- thank you
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I am still a bit confused on this. When calculating net investment income, we take out non-federal taxes. And when we later calculate total net income, the last step is to take out federal taxes incurred. So why do we remove taxes from net investmen…
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I love this
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Does your answer conflict with the answer provided in FA 2015 Q#13? The question asks for "the amount of PHS that would be allocated for 2014: " yet the answer looks to be mean the mean surplus allocated by the surplus ratio. In general, it seems…
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Ah okay I was think CAL stood for Company Action Level, which in this context it does not
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This may be a bit pedantic, but can you help explain to me why the following isnt right: Bright Line Ind Test: 10% x NLR > TAC - CAL and: CAL= 2*ACL RBC Ratio= TAC/ACL and: ACL= 0.5* RBC Capital Required so via a little manipulation: R…
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Ah ok- so "unpaid LALAE portion of R4" = (LOB Z R4 after discount)LCF +Growth and then we potentially add on (0.5 Reins Recoverable Charge). Got it, thank you for the quick response!
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Following up on this- can you elaborate further on the "unpaid LALAE portion of R4"? I am having trouble finding further information on that. Is there a non-"unpaid LALAE" portion of R4? I guess a more concise way to frame my question is: Is the tot…
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Amazing! Thank you!