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@Staff-T1 Thanks for your reply! I have 2 follow up questions: 1. why would RA increase the reinsurance contract asset(ARC) or reduce the liability? 2. In general, even without RA, why does the ARC reduce the profit when coverage is provided? …

in pg16 reinsurance contract asset and reinsurance contract liability Comment by piupiupiu September 2023
that's very helpful, thanks a lot! @Staff-T1

in How is contract being recognized as Onerous at initial recognition? Comment by piupiupiu August 2023
@graham , thanks for your reply! I'm not referring to any exam problem, but just wondering if it's ever possible to have a capital loss and if so how we should treat it in the formula

in CapGains/Losses in the Formulas Comment by piupiupiu August 2023