Part a) asks to calculate the RBC ratio, but they don't seem to factor in the operational risk charge at the end. I don't see any explanation for why it should be left out. Can you explain why?

The NAIC IRIS source mentions that a pooling arrangement may skew ratio #1 and affect its interpretation. Could you speak more on specifically how it would do this?

Part c) Identify one asset and three liability items on an insurance company's balance sheet that come directly from Schedule F.

losses, not just reserves. In Spring 2019 #14, for example, one-year development is calculated by taking total incurred for CY 2017 for all but the latest accident year minus total incurred for CY 20

I had included the removal of salvage and subro from my calculation, which was incorrect. Why is that? There is no mention that it is already removed and it is my understanding that Sch P can be net …

I wanted to confirm that in Spring 2016, #15, the loss amounts are net of S&S in schedule P, correct? So for that specific question, S&S treatment wouldn't have been different between

For Question #17d, is the question faulty? I think it is missing an actual question.

The examiner's report includes "miscellaneous balances payable" as part of the total collateral. How would we know that it's a payable related to reinsurance and not some other creditor?

Going back to 2019 Spring #17, since one answer says "GAAP: Discounting of Loss Reserves is common", would this contradict the BattleAct notes of "no discounting except in certain cases

But e.g. 2018 F#13 give lots of other methods:

Just to clarify…I know Fall2018 #19c does NOT include salvage and subrogation but Spring2016 #15c does list it as a BS item. So is there an error in one of the exam notes?

I used sample answer #1 in creating the web-based problem in Battle Card 34. If this comes up again on the exam, either approach should be acceptable.

in 2017 fall #10 i see answer sample 1 adding in the change in deferred income tax "+(28-24)" and sample 2 subtracting the change in deferred income tax "-(28-24)". Also, the battl

Hi,

I am confused about which column is applied with RBC factor to get ACC. From my understanding is based on sorted top 10 total assets, I only pick first 10 from R1(column 1) to get R1 ACC, only pick fi

It seems that Alice solution to 2016.Fall #13 (the Odomirok.Ch14_(16F.13)_v5.pdf) has mixed up reinsurer A and B.

If "deferred income tax" is a liability, why increase of net deferred income tax would mean an increase in surplus? (2017.Fall #10)

Thanks. To clarify, even there is a -ve value for R5 like the question 2 in "4 practice problems like 2014.Fall #18", i should set it to 0 before further proceeding, right?

In the 4 practice problems like 2014.Fall #18, the 2nd question contains negative charge which was mentioned in the note should be set to 0 before combing.

I'm a little confused on this point. One of the disclosures in Relevant Comments is covering the items 8-14 of Exhibit B (item #3). One of those items (#13) is long duration contract reserves. Why the