Staff_T2

About

Username
Staff_T2
Joined
Visits
32
Last Active
Roles
Member

Comments

  • Yes, we are. However, dividends are not considered in income because they are not an operating expense so you would ignore them
    in Fall 2019 q#23 Comment by Staff_T2 February 2022
  • Hi, Yes, the Dibra paper is no longer on the syllabus.
    in 2022 Spring Syllabus Comment by Staff_T2 February 2022
  • Hi, This is because the current unpaid for AY 2014 will all be completely paid out in the next immediate period (Jan 1 2016 - Dec 31 2016) and discounted back 0.5 years. Nothing will be paid in the time period @ 1.5. For AY 2015, 50% will be paid …
    in Fall 2016, Q15 Comment by Staff_T2 February 2022
  • Hi, I think the examiner comments noted that the capital available was already given. I guess the CAS assumes if they give you Capital Available it will be the final capital available after adjustments, although I agree it is ambiguous.
    in Fall 2018 Q15 Comment by Staff_T2 February 2022
  • Hi, The table is showing the Net Claims and Adjustment Expense not the Net Unpaid Claims and Adjustment Expense which is what you need. NCAE(X) = NUCAE(X) - NUCAE(X-1) + Net Paid(X); Where X is the current year. You also do not have the net unea…
    in Concept Comparison Comment by Staff_T2 February 2022
  • Hi, For situations like this you have to try one of the methods and if there isn't enough information to fully solve the question, you then try the second method to see if it gets you closer. Going back to this question, you assumed acquisition…
    in Net Income formula Comment by Staff_T2 February 2022