wilsonchan18
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Got you, thanks!
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Thanks, now I am clear
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I love your saying that their hands are tied. Perfectly make sense, thanks!
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I see, so it is basically the Rate on Limit (XOL Layers). That align to what we discussed. Whereas QS Cost already been taken from the Ceded UPR, those XL or SL cost will be reflected from the formula, and by multiplying the L/R will be adjusting th…
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Yes, agree. I raised out this question is that when I look at 2019Spring Q14 c, they are asking the ROE impact, and they mentioned decreasing the DPAE will make Net Income less, and I am just thinking in which P&L Account it could be reflected:
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Yes, it kind make sense. While Gross PV is the same, Ceded PV will take the ELR on both the Ceded UPR and Expect Reinsurance Cost, making the Net PV lower as a result!
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So what it means is that the Future Re (Expect Reinsurance Premium Cost) should be part of the Ceded Premium, so that we need to adjust higher the Ceded UPR to include this cost. And it will lead us to have less Net UPR after adjustment? Can I …
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Thank You T1 and Graham, now I am more clear about the background and where this GRID is coming from
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I think they mention it in the General Commentary by analyzing the equity from Overland Flood using Voluntary basis or Take-All-Comer basis:
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Or should it be that Investment Income does not include Realized Gain/Losses? Whereas Net Investment Income already consider the Realized Gain/Losses?
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Ok, but when I see the 2015 Fall Q22, why the Net Income actually need to take into account the Realize Gain even though have been considered the Investment Income already? It seems so confusing
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Clear enough, Thanks
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Hi, But I think in the Solution PDF from the Ranking Table, I kind of read that should weigh Book Value on (Hold To Maturity) and weigh Market Value on Available for Sale? OR has this been updated to use all weigh by MV using IFRS17 Discounting? Tha…
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Thank you
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Hi, Okay. I think I can understand then. So basically the Discounted Excess Ratio approach use the Method #1 which is adding the Investment Income explicitly. Thanks and Warm Regards, Wilson
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Thank You!
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ok, thanks then
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okay, that means I can focus somewhere else first lol Thanks Graham. Do not think that there is much time for any source reading .....
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ummmm, a bit tricky here. So basically there is a mismatch because GMA LRC Requirement of including all Projected Cashflow for Reinsurance held....
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I see, need to make a SMART guess. Definitely need to sleep earlier the night before in order to have the brain smartly guessing in case having these scenarios....
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Sure Graham, this makes sense to me! Thanks Bro!
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SUPER!
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I see. Sure Graham, I dont believe they will ask too much details like this as well. Thanks mate!
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That is very good tips and precious suggestions Graham. My brain memorizing mode will be switched ON starting Wednesday!!! I have all my study cards with me!
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Hi, I really think that the wording here is quite tricky here. Allow stressed BCAR score fall below BCAR guideline = higher tolerance to Stressed BCAR. When I first look at the question, I really have no idea what they are trying to ask..... unti…
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Hi Graham, For the 6 possible final ratings, I thought that is only on the first B from "BOB-ECL", Balance Sheet Strength? Isn't the AM Best final rating is like AA, BB, something? Just want to confirm in which rating process actually deliver …
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Hi Graham, When calculating the Excess Growth Factor in B5, may I know why we shall use # of Inforce Policies for Direct Insurer and GWP for Reinsurer? Thanks and Warm Regards, Wilson
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I see. Thanks Graham!
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It is much more clearer now. Thanks Graham!