ibsy

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ibsy
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  • Thanks for your insights! I hadn't looked sample answer 2, thanks for the info. However not sure I follow you regarding the ULAE: you seem to be saying that ULAE should be multiplied by ELR? I believed that it shouldn't, especially regarding the fo…
    in Contingent Commission Fall 2019 #14 Comment by ibsy October 2021
  • Thanks Graham for the clarification.
    in Typo in Battle Card? Comment by ibsy October 2021
  • Could you please clarify further regarding rosiehan question on J: both J and Z are labeled "contingent commissions", how is it obvious that we should not include J (or J-K as net) in the PolLiab calculation as contingent commission? Typically since…
    in Contingent Commission Fall 2019 #14 Comment by ibsy October 2021
  • great, thanks!
    in Spring 2016 Q23 Comment by ibsy October 2021
  • Thanks! Now I wonder if I understood well the RoR formula you just mentioned: ( U/W.Inc - CapGains + **InvInc **+ IncFrmSubs ) / GWP Can you confirm that InvInc in this formula actually refers to NetInvInc=InvInc+RealGains-InvExp? i.e. line 39 o…
    in Spring 2016 Q23 Comment by ibsy October 2021
  • Hi Graham, I just realized that the extract you mentioned here is regarding "the maximum total allowable transfer", while I believe the topic of the discussion was the Participation Rate. Also in the wikipage, in the "A Game Insurer play" sect…
    in Typo in Battle Card? Comment by ibsy October 2021
  • Hi Graham, I have a question on how to understand the "Net Inv Inc" component in this problem, with regards to their comment "the company has no investment income gains". Considering the Net Inv Inc formula = InvInc-InvExp+Real Gains/Losses, I…
    in Spring 2016 Q23 Comment by ibsy October 2021
  • Makes senses, thanks for the tips!
    in Fall 2019 Q16 Comment by ibsy October 2021
  • Hello Graham, I am coming back on the initial question of this thread, since I am still confused on why we have to reduce cash and bonds by the ceded premium, based on how the problem was written. Indeed it says the following: * "The foll…
    in Fall 2019 Q16 Comment by ibsy October 2021
  • Hello Graham, Just wanted to make sure I got the two following right regarding your comment for Fall2019 Q18: - we wouldn't be asked anymore to derive the Inv. Yield based on the "Investment income from operations" amount (and other BS items) …
    in Fall 2019, Q18/Fall 2016 Q14a Comment by ibsy October 2021
  • cool, thanks!
    in Intervention/effort spectrum Comment by ibsy October 2021
  • Ok, by "tax credit" I initially understood as a credit in taxes entitled to because of too much taxes paid. But I hadn't in mind it referred to the losses, thus the confusion. It's clearer now, thanks
    in Further explanation of Asset for Future Income Taxes Comment by ibsy October 2021
  • Hello, I have the same issue as user10 in understanding: "due to the fact that the tax credit taken for losses is less than the actual loss reserve". In the example given by javid, I understand we are comparing taxes based on income tax regula…
    in Further explanation of Asset for Future Income Taxes Comment by ibsy October 2021
  • I understand, thanks for the reference and clarifications!
    in 2016 Fall 10 - Fees reimbursement Comment by ibsy August 2021
  • Thanks!
    in Typo in Battle Card? Comment by ibsy August 2021
  • Hi Graham, I struggle reconciling your point on WE with the following sample answer for question 10 of Fall 2018 exam, asking for difference between ON and AB RSP: "ON – participation rate based on # ceded & # not ceded to pool; AB – based…
    in Typo in Battle Card? Comment by ibsy August 2021
  • I understand better, thanks for these details!
    in "Other Income" Component Comment by ibsy August 2021