Kh92
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To quote the wordings from (b) " Using the subsequent event decision tree, assess whether or not this event should be classified as a subsequent event " (1.25 pts). Based on the question wordings, we should be able to identify if an event is 'su…
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There's a few discussion going on above but I just wanted to throw my 2 cent ... Could it due to the fact that DCAT is referred instead of valuation? Since DCAT is referring to the insolvency of insurer, it could be argued that the P is to report on…
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Based on the description of the question, my initial thought was to categorize it as late reported claims (similar to that of reinsurer). However, that is not the case here. Given the answers and your explanation above, is it correct to think that: …