I tend to get confused in problems like these compared to a problem like Spring 2016 #15. In this problem, what is to stop me from thinking the AY16 losses incurred and AY15 losses incurred shouldn't

For Fall 2019 #15c, an asset is "reinsurance recoverable on paid loss & LAE" and a liability is "reinsurance payable on paid loss & LAE" is the recoverable on paid

For the BattleQuiz problem modeled after Spring 2016 #15b, why do we only add the "net UEP" for CY/AY & not the UEP for CY/AY-1? The way I understand this table is both columns are a

Is there an error in the examiner's report? Why are amounts received in the last 90 days counted as $25*3? The table in the solution clearly shows that the reinsurer hasn't paid anything in the last …

I've seen this show up a few times (like 2017 Spring #15) and I'm never sure how to categorize it when it comes up, so I want to understand it better. According to this problem it is a liability. Is a

Spring Exam 2016 #15 includes net DTA as an admitted asset.

Hi,

In the Spring 2016 Excel practice exam, question #15 there is an error in cell G37. The value on the spreadsheet is '50Q' when it should be 500.

I debated which category to ask this in (since this problem is covered under the Income Statement battle table), but my question is specifically about the calculation of the reinsurance provision so …

Hi. I am reading the wiki, where the Liabilities are calculated for this problem (2014.Fall #15). It says that letters of credit would be considered a liability. I couldn't find this in Odomirok. Is t

Hello, thanks for posting this question! Just an FYI, in the original practice exam #15 calculates the RBC capital required without applying the operational risk factor.

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 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.

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

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-…