2019 Fall Q10b

Just wanted to confirm that the liquidation of insolvent insurer's assets would no longer qualify as a source of funding from the Sample Responses in F2019

Comments

  • yup that should be right

  • so only the compensation fund and assessments count?

  • It would seem so @graham

  • Thanks for confirming!

  • edited October 2022

    Oh my gosh, the CAS changed the answer to that question AFTER the examiner's report was initially released. They added that whole paragraph that @jt1097 quoted. This is what was in the original examiner's report:

    But I just downloaded the 2019-Fall again and this is what is given for the answer to part (b):

    The publication date on the CAS website is still listed at Oct 2019 however but they obviously made the above change then re-published it AFTER Oct 2019 so nobody would realize a change may have been made. Ugh!!!!!

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