Here, they have [incurred loss = paid loss + change in unpaid loss]. I feel like I've always seen [incurred loss = paid loss + change in case reserves]. Is the change in unpaid what should always be …

Spring 2019 #10 is another one very similar to Spring 2016 #15. We are supposed to know to sum the amounts from both years given, just seems odd to instinctively know to not do that for Fal 2017 #10.

One of the common mistakes for the 'Discounting Loss Reserves' was "Not stating the extend of possible loss reserve discounting for the SAP. For example, under SAP only tabular discounting allow…

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

I see the 2a footer on the wiki making note that in this problem the net investment income & net realized capital gains are net of expenses & then the wiki says "and in this prob…

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 modeled version of this (#29 in the Full BattleQuiz), if the actional level was Company Action Level & the COR was > 120%, would the high range of the PH Surplus be the amount …

Is there a Discussion category for the Practice Exam you wrote?

Fall 2017 #14 is the specific problem I am referring to if that helps at all.

For the item lines "Losses" & "Loss adjustment expenses" how are we supposed to know the amounts given are actually the reserves for these 2 items? If they're given as bal…

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

For a, why are we not considering the net investment income and the realized capital gain for the next investment gain? Is it because it’s not for PPA-liability specifically?

Judging by the the interactive PH Surplus calculation for #34 of the Full BattleQuiz (modeled after Fall 2017 #10), Dividend to PH is not included in other income. We were given an actual amount for O

* In Fall 2018 #16, is the "net realized capital gains before capital gains tax" included somewhere in the sum of (Ivestment gain on funds attributable to insurance transactions) + (Investme

I am having trouble determining why "Net Realized Captial Gain less Capital Gains Tax" is included in Net Income for Fall 2017 #10, but in Fall 2018 #16 the Examiner's Report mentions they s

For part b, in the common mistakes of the examiner's report it lists "showing paid and incurred recoveries instead of paid and unpaid". Is this just a quirk of Schedule F that it would show…

For c, can you help me understand the answers? We are given the discount rate for 2012 to be 0.87, why need the avg discount factors for tax year 2011 & 2012? Why'd we need the AY breakout of…

For part a (IRIS 11) why is the one year loss reserve development calculated as the incremental change in incurred? Isn't this ignoring the payments made on those prior year reserves? TIA!

In 2013 Fall#18, direct method answer. There is one line saying "Regular Taxable Income = Tax EP – Tax IL – Exp + Tax Inv Inc – P/H Div"

Based on Fall 2012 #17a, it seems as though the 'Pre-tax profit excluding InvGain' term is really just UW income, is this incorrect?