mec06e
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JUA details: all insurers in state must share profits/losses/expenses even if they haven't been assigned any risks If I'm understanding JUA correctly - the insurance companies don't really get assigned any particular policies they just have a sh…
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the title to this thread is the battle Card question. the first line in my initial post was the battle card answer. looks like it is in quiz 1 for Odomirok.14-F
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thanks, I think that battle card needs to be updated since it just says Sch F - I copied and pasted the Q & A straight from the card
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Do you have files with updated solutions for old exam questions related to topics that have changed? like the question is still valid, but the answer would be different for the updated (newer) exam material?
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there was a mistake in the first file I uploaded (I was off a line on 2 of the equations for line 3 & line 6)
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I created a modified Sch F - Part 6 that from the blank one provided in this article that has all 22 lines and what the adjustments and restated equations are. Is there anything I missed?
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Is there somewhere we can get an exhaustive list of what needs to be added to the SAP Surplus to get to GAAP Surplus?
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sorry OCI
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I think it may be useful to reference this section higher up in the article where the bullet point "(direct charges to surplus) CY: The items that are not part of (NI) CY are direct charges. Here you calculate the change in value from CY-1 to CY. …
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Sorry yeah my question was confusing, I was copying and pasting and it looks like I screwed that up somehow [looks like I replaced everywhere I had (Surplus)CY-1 with (direct charges to surplus)CY], but you answered my question!!!! Thank you I ac…
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No your answer was very helpful, it was what I suspected so it's great to know I was on the right track!
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oh and are all the acronyms used considered industry acceptable acronyms? basically can we use them in the exam and expect the grader to know what we mean? I know some we definitely can use on the exam like SAO, but some of the acronyms I am seei…
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Thank you, I was getting the Bond Size Charge classes and the Asset Concentration Charge classes confused
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I see the Class 06 is being included in the Bond Size Charge - I thought we only included classes 02-05?
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thank you, that is really helpful!
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for the RBC requirement - the answer does not include the 3% increase for operational risk, is that because this is an older question?
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is it Policyholder Surplus?
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the formula in Alice's 4th day is: TAC = PHS - (non-tabular discount) - (tabular discounts on medical reserves) I'm not seeing the abbreviation PHS earlier in this article, could you provide it here?
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is this industry aggregate risk ranking an order we should have memorized for the exam?
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yes I was just curious why we make the row for prior in paid triangle only equal what has happened since the oldest year in the columns?
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yes I know you cover the text in the wiki articles, I was wondering if you felt that material in the wiki would cover all the information we need from the source material. In the wiki Exam 6-US Intro in the Study for Exam 6 section it says "We re…