ThrowGrow
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Comments
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for part (b), why do we need to calculate cost of capital (pre-tax). I used directly the cost of capital, 6%.
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thanks!
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Oh, I forgot to check the bulletin for that. Thanks all of you for the reply!
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In 2018F-Q10, the sample answer listed one difference between Ontarios and Alberta RSP is that * ON – participation rate based on # ceded & # not ceded to pool; AB – based on earned exposure not ceded to pool. I am not able to find any…
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Thanks graham for your reply and bearing with me about my questions on these small things.
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Thank you both! Didn't know CAS expects us to know the linked articles. Thanks for sharing that information!
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I see. Thanks! I misunderstood. I thought it's "earlier than File and Use".
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Thanks for your reply! The first point doesn't seem right to me. Also, the second point, "Prior approval must be approved earlier", doesn't seem right either. I think it should be later.
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Thanks!
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Thanks for your reply!
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There are 2 battle cards from 2016S Q11. I'd like to double check if they are still applicable to the current reading. Thanks. Link to the Quizhttps://battleactsmain.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=al…
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If (B) is the AIC, should (b) be column (72) instead of (79)?
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Thanks, graham, for your detailed answers. Really appreciate your time.
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Thanks. I thought it means something else as it said it's exhibit. Also I thought it's an additional page with numerical examples. My mistake.
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Thanks!
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Thank for sharing the logic of your thinking. It helps me to see the connections. Thanks!
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A follow-up question on "Treatment of Outflows". From wiki page, the first bullet point is "Input from financial markets or external may be used in estimating cash inflows...". Should it be "cash flow" or "cash outflow" rather than "cash inflow"? …
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Thanks! I can match the numbers now. I wasn't sure if AY 2022 is the current AY. I would expect CY(x-1) to be 0 for the current AY.
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Thanks for your reply! It would be more clear and helpful if CAS provides annual returns with numbers.
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Thanks for both of your reply! Graham refers to line 120. My question is about line 320. I assume they are not the same items?
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Thank you @AnLaPe. The observation of unchanged net earned premium is really helpful! Thanks @Staff-T1 as well!
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Thanks very much for the explanations on each points! It's really helpful for me to better understand the answers and makes it easier to remember it!!
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Hi, I read the comments above and still have trouble understanding the statement at the end of the solution. Note that there is no premium deficiency or DPAE for facility given that net unearned premium = premium liabilities In this question, N…
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Many thanks!
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Hi Graham, can you help verify if my calculation in the picture for 2019 Q4.a is correct? Thanks! * First, I propose a set of changes * Then, I rebase the current and proposed differential, calculate the rebased proposal change in % * Lastly,…
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Thanks graham! I notice you updated the answers to a full sentence with more details too. That's very helpful with my understanding!
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Thanks AnLaPe!
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Hi, I didn't get the study kit. I want to confirm that Glynn is the defendant here. Thanks!
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Thanks Graham!
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Thanks for the explanation!