I am looking at the Examiner's Report for this question and I find it difficult to understand how the Inc % paid column was created. Can someone assist me?

So on Fall 2016 #26, we are only given that there is a 50% quota share with the reinsurer, and we are only given "Direct paid losses" and "Direct case and IBNR losses".

I was playing around with the formulas for calculating the price and derived this:

Hello,

Part d asks us how the reinsurer's balance sheet would be affected by a commutation.

Yes. Now remember, for the Actuary’s estimates, there is a choice between point or range estimates, but if both are calculated, both must be disclosed. In this case you may want to consider the format

S18 #26 c - describe ERD method

Separate questions relating to #25 ERD calculation.

Hello, I am having a hard time understanding exactly what wording to use in the identification section of the SAO after the changes to the definition of "qualified actuary". Is this answer …

Shouldn't it be (0.6*100/1.03^1.5-20)/20 to calculate probability of loss? Why hasn't the loss been discounted in sample answers, as we have been given the rate and expected time of loss payment? (Si…

I am confused, please help. Should I subtract RE premium or not? and what's the threshold in S15 #25a?

Maybe I'm just too new here to not recognize an AMIT problem... I didn't see this covered in the wiki.

I am confused with this problem and Spring 2016 #26. Should we subtract premium for 10-10 method?

Is this the distinction between the two sets of disclosure items in the SCOPE section of the SAO?

There is a 0.10 RBC Charge factor to the reinsurance recoverables for R3, but a 1.00 RBC charge factor to the reinsurance recoverable for R4 portion. Is this correct way of thinking about this?

In 25a, why is there only a 5% of reinsurer incurring a loss? If the reinsurer is paying "all ceded losses in entirety", wouldn't a 5M claim be >10% U/W loss too? Thanks!

I would've assumed that the answers would be #1 allow states to regulate rates and #2 promote equitable rates would be acceptable answer under the notes but the answers under the quiz review and exami

What are all of the Exhibits that are incorporated in the Annual Statement?

I'm looking through the examiner's report and I do not understand the following line:

Sorry I mentioned it was Rank 4 - IRIS, not IRIS 4. I should've been more clear. This pertains to NII - IRIS 6. It is problem #22 in the Rank 4 section of IRIS problems.