Does it make sense that the examiner's solution for this problem doesn't take the average of payments like we see in the GAAP Goodwill cost of capital approach? Also, in my first attempt at this prob…

* https://battleacts6us.ca/wiki6us/Porter.2-Devlpt#1890:Sherman_Antitrust_Act.28and_others.29

You mention this question specifically in the wiki with regards to illustrating the pitfalls and practical considerations of risk transfer. I went to the CAS website to look this question up and it's…

Is there a good way to know when we should not use the assets - liabilities formula to calculate the surplus? I tried to use it for Fall 2017 #10 but the solution says I didn't have enough info to cal

Why do you have to add both years?

This problem asks you to calculate the Reinsurance Provision for an authorized reinsurer in part a. Then, in part b, it changes how the collateral is held and asks how the Reinsurance Provision calcu…

I know that part c.) doesn't ask about this particular detail, but on the off chance that this question was rephrased to ask, "If these items were considered material, what type of subsequent o…

I noticed in the examiners report for 2019 Spring #15 that the company loss & LAE ratio is capped at 300% by year in calculating the average company loss & LAE ratio.

The formula for Surplus is listed as

Hi. I thought I understood at one point, but now I don't. Looking at a problem like Spring 2018 #19, why don't we made any adjustments for loss & LAE reserves or UPR when going from SAP to GAA

In calculating IRIS ratio 2, I understand the concept of subtracting the ceded reinsurance premiums to go from GWP to NWP but I'm having a hard time reconciling the idea of $48 being ceded to non-aff…

How do we know what is admitted vs not, for example office equipment in this question?

Also, in Spring 2016 #18 c. The solution says the missing 2 pieces to calculated income tax incurred is discount rate for both year.

The examiner's report has this for assuming .35 tax on DTA:

I think I found an error in the formula underneath SAP Surplus (2016.Spring #15):

In the solution to Spring 2015 #17, the "change in reserve discount" is given as 550 x .05-500 x.08.

In the model problem 2016.Spring #12, I think in Step 1, the 3rd calculation should be solving for (AY, CY) not (NEW prior, CY+1)

For IRIS 4 in this problem, is the reason we do (Commission %) * (QS% * UEPR) instead of (Commission %) * UEPR because we first need to get the UEPR for NonAffiliates? Meaning the UEPR given (ie 220-…

According the the Examiner's Report, common errors were:

The groundup loss at 90th under contract #1 is 20,000