Francois

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Francois
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  • Sounds good, realised that it was going out so less probability of being asked i guess... might be wrong
    in Spring 2017 #14 Comment by Francois April 2019
  • Thanks !
    in CapReq(Earthquake) and Capital and Surplus Comment by Francois April 2019
  • This is the ADJUSTED investment income. You also need to substract the OCI from the denominator. Note that this MSA ratio does not have the Pooled funds Investments like our new Investment yield
    in InvYld Comment by Francois April 2019
  • So let's use my "example", the capital available we would use is the one "gross of any deductions" since it's the one that is the best proxy of Equity ?
    in CapReq(Earthquake) and Capital and Surplus Comment by Francois April 2019
  • Aight that's legit ! thanks Chris
    in Preferred Shares and MCT Comment by Francois April 2019
  • Thanks a lot ! I have to agree that it makes way more sense to use the CY 14 rate. Awsome job man, very appreciated.
    in Spring 2018 #15 b) Comment by Francois April 2019
  • It's just your regular car and stuff Other than PPA is defined as : a. Personal Vehicles - Motorcycles b. Personal Vehicles - Motor Homes C. Personal Vehicles - Off-road Vehicles d. Personal Vehicles - Motorized Snow Vehicles e. Commercial…
    in What does PPA for RSP Pool Include? Comment by Francois April 2019
  • Why do we assume that payment are made at mid-year and then go through adjustements because we know they are not made at mid-year ? Why not assume payments are made at every 1/3 of year and just skip the flippidyfloppidity recalculation. Is it…
    in Premium Liabilities Duration Comment by Francois April 2019
  • Just to be sure : The insurers NEVER pay premiums, but act as intermediaries for the payment of premiums (recoupment) from the insured to the govt. The insured would see on his contract : Premium for terrorism insurance (Collected by insurer, …
    in TRIA Comment by Francois April 2019
  • @javid What is your take on this ? The first sentense of the paragraph on cost sharing mentions "portion of premium subject to catastrophic cost share" which leads me to believe that cost sharing is more about spliting the premium to correspond…
    in Premium cost sharing Comment by Francois April 2019
  • I would have to agree with @PsEm6C . The net Investment income in the 20.30 L39 DOES include the Realized gains, but the question specifically states they are set to 0.
    in Fall 2017 #25 ROR Comment by Francois March 2019
  • This makes sense to me, thanks a lot. Considering that the MSA text is not updated, I doubt this will end up on the exam, but I wanted to be sure. MSA text for adjusted Investment yield does not have the Share of pool funds component.
    in New "net investment income from insurance operation" Comment by Francois March 2019
  • Thanks guys, I looked at the previous exam questions and either they mentioned that EPR = 0 or they straight up gave the Financial ressources available, so I'll try not to dig too deep like chrisboersma said.
    in Earthquake Premium Reserve Comment by Francois March 2019