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Fall 2017 #15
by eh31426 ·All that to say, I think we need both paid and unpaid for 2015 to be able to calculate the one-year development in Fall 2017 #15, like a previous commenter said. -
Items in Balance Sheet-S&S
by arch1892 ·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 -
Items in Balance Sheet-S&S
by Stowesam ·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? -
Net UEP on Battlecard - 2016 Spring #15
by GrantMercy ·It seems they are referencing the Web based Problem to Calculate the SAP Liabilities (BattleCard 31 in the Full BattleQuiz). This was modeled off of 2016 Spring #15. There are a few other threads als -
SAP vs GAAP: SAP calculation: net admitted assets
by Staff - AC ·Are you referring to 2014.Fall#15? There, Net UEP is included in liabilities in the solution. UEP is no an asset item. -
Spring 2016 #15
by zachboaz ·mec06e, In the actual problem of Spring 2016 #15, they only give you one value of Unearned Premium and they put it in the "Balance Sheet" portion of the information given. Because it is a ba -
Total Liabilities with respect to net UEP
by mec06e ·on the exam Spring 2016 #15 is organized very differently than the Battle Card. I believe that is where the confusion above is coming from (I had the same question) -
Fall 2017 #10 vs Spring 2016 #15
by zachboaz ·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. -
Fall 2017 #10 vs Spring 2016 #15
by zachboaz ·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 -
Reinsurance payable vs. reinsurance recoverable
by zachboaz ·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 -
Total Liabilities with respect to net UEP
by zachboaz ·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 -
Fall 2015 #15 part a
by ulysses ·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 … -
What is advance premium?
by zporiri ·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 -
DTAs - an admitted asset?
by marquaty ·Spring Exam 2016 #15 includes net DTA as an admitted asset. -
Net UEP on Battlecard - 2016 Spring #15
by marquaty ·Hi, -
Spring 2016 #15
by humbertov2 ·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. -
Fall 2015 #15
by kmo474 ·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 … -
2014.Fall #15, wiki
by adielsanchez ·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 -
RBC Operational Risk
by ststudyingfor6 ·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. -
Spring 2016 #15
by mikecaputo10 ·Why do you have to add both years?