CanAct06

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CanAct06
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  • A few more questions... 1) For bullet 1, So what would've happened if that FCF was +ve which is a loss (PAA LRC - FCF) = (0 - +####) = -####... this is -ve and no abs value in excel formula. 2) Can you talk about the FCF tied in with PAA LRC.…
    in LC calculation under PAA Comment by CanAct06 March 16
  • 2019 S 25 d/2014 S 31/2014 F 34: I guess this is a trick question, bc they are not giving full details of the FCIA - but you'd have to see if the specific condition listed is broken? Here are the extra ?ns I had: ** 1) Does consulting experience …
    in Peer Reviewer Comment by CanAct06 March 15
  • Ok I see, the 'severity' is from the RE's perspective
    in 2017 Fall 17 c Comment by CanAct06 March 15
  • so are you saying this question 2013 F18 is kind of worded incorrectly, because it says "Estimated Payment to Reinsurer". That is the part that threw me off.
    in Commuted Value of Claims - Fall 2013 Q18 Comment by CanAct06 March 15
  • I don't know if I agree with the i) explanation in the wiki article. If you get a 3M loss, you wipe out the 1 agg_deductible AND retention in one go? So for 3 mill loss, -1M premium -1M in deductible/retention. So the RE pays 1M. And that's i…
    in "substantially all" definition Comment by CanAct06 March 14
  • I think you meant 2021 for one of them? makes sense
    in IFRS-DR_1 Problem Set (Half Year Shifts) Comment by CanAct06 March 14
  • I know this is outdated, but the formula is: ERD = Prob (NPV loss) * NPV (avg sev of loss as % of prem) ERD is basically (frequency) x (severity as a % of premium) 1) in this case the total loss is 200 and total premium is 100, why are we subtr…
    in 2017 Fall 17 c Comment by CanAct06 March 14
  • This seems random, why is the threshold 20%? Why would you 'add' this piece above 20% growth as a piece of capital?
    in Assumed Premium From Intra-Pool Counted towards growth? Comment by CanAct06 March 9
  • Why are we taking the avg in step 2b from 2a? -> But why are we shifting the CF 'back' by half a year? I guess the discounting makes sense bc you are moving from half yr accidents to time 0, but the CF avg is weird.
    in IFRS-DR_1 Problem Set (Half Year Shifts) Comment by CanAct06 March 7
  • I don't understand this at all: 1) How can you have LRC < 0? Can you disect the formula for LRC vs. FCF? How they differ. 2) Like the gentleman asked, how can a Cash Inf for FCF cause a further loss? Still not making sense, so confusing I am n…
    in LC calculation under PAA Comment by CanAct06 March 7
  • One of the excel file downloads... The name of file is in subject
    in IFRS-DR_1 Problem Set (Half Year Shifts) Comment by CanAct06 March 7