mimilau5858
About
- Username
- mimilau5858
- Joined
- Visits
- 166
- Last Active
- Roles
- Member
Comments
-
if policy liabilities = LIC & LRC, wouldn't it already include RA? so the APV calculation double counted RA?
-
what if the underlying contract actually becomes non-onerous in the subsequent measurement and have a CSM? Are there still no changes to the CSM of reinsurance held?
-
but loss recovery component is an adjustment to the CSM, so I thought it should affect CSM? this is a snapshot I got from SOA website that's why I thought Loss RC adjusts CSM.
-
what if we have assumption changes in the underlying FCF in subsequent periods, which affects the loss component, will the CSM in the reinsurance held change?
-
Then theoretically if we were to calculate FCF, should we include directly attributable acquisition and maintenance expenses?
-
I thought AgriStability protects against margin decline, then why would settlement still be determined by the final harvest price and not something that is pre-determined. This seems counter-intuitive.
-
The loss recovery component under IFRS17, is subsequently adjusted in subsequent periods to reflect changes in the onerous group of underlying contracts It clearly states the loss recovery component is adjusted, is the asset also adjusted? Woul…
-
this is my attempt but it looks very off..
-
how would we calculate the FCF at time 0-3 if it were to be GMA question?
-
This is very helpful, thanks!
-
could you expand a bit more on allocation of premiums still? I did not quite understand where we are allocating to and on what basis and for what purpose
-
Q1: LRC using PAA = LRC ex LC + LC, putting it into the equation of loss component = (LRC using GMA) - (LRC using PAA) means: loss component = (LRC using GMA) - (LRC using PAA) = FCF - (LRC ex LC + LC) = FCF - LRC ex LC - LC, so its not reconciling…
-
If another similar case that involves indemnity and XS/U comes up, can I assume a similar ruling would apply? or it is only for this flying ash land case?
-
Does the comment of "make sure its sign is always the same as your PV of outflows" applicable for reinsurance held?
-
Two questions from the above thread: Q1: I still don't understand the explanation above Q2: Does "D" (highlighted in green) in the below screenshot equal to loss component? If so, why does the procedure from a225khan's screenshot not reconcile w…
-
Is this exam question still be valid to ask in current syllabus?
-
OSFI.AA paper says Financial condition report is done with directed by OSFI, but CIA.FCT paper says it is done and reported at least once a year. Putting them together, does this mean that OSFI would ask the insurers to review the financial conditio…
-
From the battleacts page it said: high premiums were caused by increasing bodily injury costs (specifically non-pecuniary awards for pain & suffering due to the tort system) I understand why there is more pain and suffering due to …
-
and they are on hook since the defense costs did breach the lower limit?
-
can the employer opt for all private health insurance so contributions are not taxable?
-
why is excess insurers only responsible for defense cost and not indemnity costs?
-
thanks both, but I still am unable to find other sections that discussed the use of actuarial certifications, even using the search bar.
-
when will the effect of a change in discount rate be shown in OCI?
-
can anyone answer my question above?
-
Does "Change in the time value of money and financial risks" both flow into insurance finance expense?
-
How can I understand this post with the battlecard below: Q: production insurance programs - what is the effect of severe loss yrs on rates A: Indem$ UP --> ( IndemRt UP & SS load UP (to replenish surplus) ) --> PremRt UP -->…
-
how is this any different from the LRC for GMA? where LRC = PV of future CF + discounting adjustment + risk adjustment?
-
Is provincial production insurance program the same thing as provincial producer programs stated in the Battle Cards?
-
A follow up with this question. If Japan is an opt-in, how is this different from other countries that had the packaging = "Optional (add on)" in the source text?
-
it sounds like MCT is a subset of FCT, is this correct?