This question asks:

I guess we are assuming "Direct Paid Loss" and "Direct Case and IBNR Loss" are primary gross before commutation. For part (iii), we are not giving reinsurance triangle, but reinsu…

Today, I was working through Spring 2019 #20, which asks:

Your solution lists IFRS assets at 750 but the problem itself lists them as 850. The conclusion doesn't change, because either asset value is well above the boundaries for regulator action.

I agree with Alice that it was unreasonable to expect you to memorize the factors for various non-invested assets in the R3 calculation. However, I noticed on review this morning that Odomirok explic…

The question states: "John Doe, Chief Information Officer, provided data for the Appointed Actuary's analysis as well as the December 31, 2017 Annual Statement excerpted below". When I read…

In the solution step 2, AMTI calculation, where does the 75% come frome?

The question states that "the reinsurer is looking to commute all three accident years," but the solution itself only seems to consider AY 2017 (at both 12 and 24 months age) when calculati…

I realize this is a very defective question--still, unsurprisingly, the CAS refused to discard it; instead, they go on with some nonsense about increasing the Bloom's level, although I'm ranting--, b…

In problem #2 (with the pencil) that requires identifying RBC risk categories, the solution has "Other non-insurance subs" listed as R-sub-zero. The Odomirok text on page 242 states that &qu

In part (b),since contract #2 is considered as Deposit Accounting. It should fall under R1 - fixed income asset?

To be more precise, it's the change in nonadmitted assets that are included in the surplus calculation.

I don't really understand why in this problem there is a difference between Ceded Discounted Reserves (Case+IBNR) and Ceded Reserves (Case+IBNR) times the discount factor. How do I know when to use w…

Hi,

For contract #2 I am using: