fedwal12

About

Username
fedwal12
Joined
Visits
118
Last Active
Roles
Member

Comments

  • I'm still confused by this I understand that NI is net of taxes. But is Total Comprehensive Income also net of taxes? Was this just a trick in the question to have Taxes exactly equal Total CI-NI for both years. So 30k-23k=7k ( same as taxes) and…
    in Fall 2019 q#23 Comment by fedwal12 April 2025
  • Ah yes but it wasn't mentioned in the Practice Exam section for Fall2019
    in Fall 2019#24 Comment by fedwal12 April 2025
  • Something isn't working for me, I keep reading the above and still wouldn't make sense to me. To determine, Investment Yield using MSA formula we need OCI. In the sample answer they determine OCI= 30k-23k(Total CI-NI), isn't that simply our To…
    in Fall 2019 q#23 Comment by fedwal12 April 2025
  • Got it thanks!
    in Q24 Comment by fedwal12 April 2025
  • Example 1:I also think the Excel formula used is wrong as it uses the month numbers from Expiration date and winding up order. But expiration date is still a full month to be earned so it should be 8/12 instead of 7/12.
    in Calculating Compensation: Examples Comment by fedwal12 February 2025
  • Hi @Staff-T1 looking at this, after some quick research it looks like income related court decision are taxable, so shouldn't the victim be awarded the gross amount of 10k in your above example considering they will be paying income tax on this?
    in Compensation Basis Disadvantage Comment by fedwal12 January 2025
  • I'm kind of confused by this, how do we know that ARC includes both PAA and GMA? I thought insurer used either PAA or GMA to determine A
    in Deduction from Capital Available (Unregistered Reinsurance) Comment by fedwal12 December 2024