however this contradicts their example contract #1. The calculation shown in appendix A incorporates the ceding commission when doing the ERD calculation. Is this part of the point made with the stat

Can you provide a more detailed description of the solution for part A? I don't see how the numbers in the examiners' report match the numbers given.

why in this question when they calculate pre-tax profit,

this problem says to calculate IRIS 7, change in surplus.

In Spring 2014 #14, the uncollected premium and agents' balances item is still included to calculate Admitted Assets. I am confused here since we do not recognize the Agent Balance > 90 days du