"Note that the solution in the examiner's report for the net commissions problem (2014.Fall #16) is all messed up"

In practice exam B, question #12, the solution uses (PV of gross unpaid claims) x (MfAD clm %).

I am having difficult time trying to understand 60.30 (I-M) even trying to read exam report 2 times.

Battle card #13, we have: it's based on the industry factor, and adjusted for the company's volatility in case loss development, I wonder why it's only considering the volatility in loss development?

for part b, I thought the PV factor =31600/34500? Why does the solution add "150" to the numerator?

Hello,

Hello,

I believe we are also doing an off-balance in Fall 2015 q#1b by multiplying by 1 and dividing by 0.97 in column 6.

Why did we use an off-balance factor in question Spring 2019 q#4a but NOT in Fall 2015 q#1b?

The 3 policies in the BA card #18 are the examples for file and use. A better question would be, is FA excluded from BOTH expedited approval and file & use, or FA is just excluded from expedit

Hi Graham, one of the examples for file and use (BA card #18) is "FA is excluded (not eligible for expedited approval)". I understand FA is excluded from expedited approval but why exclusion

What's the connection between the 2 formula? Is #2 the general formula that applies to both GMA and PAA approaches? and #1 is only valid under GMA?

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.

text reference part content CIA.MfAD E (2017.Fall #27) c see CIA.Discnt CIA.MfAD E (2016.Spring #15) b see CIA.Discnt CIA.MfAD E (2015.Fall #26) a see CIA.Discnt

This might be a silly question...but why do we exclude the APV for AY2015?

According to the Canadian Government's website, one of the eligibility requirements for EI premium reduction is:

1 - The question I'm asking refers to the "Shield the tax payer" principle of flood risk management. Why is it beneficial to shield the tax payer as opposed to avoiding cross subsidization.…

battle card #13 in full quiz asks for the formula for LRC, the answer is UEP - DAC - premium receivable, I think this is the formula for using PAA method, but not GMA right (GMA: FCF + CSM)

For this question, I don't quite understand the investment yield part of the calculation for letter G.

for part b, shouldnt we also include investment income earned in CY 2011? i.e. average (0,218000)*yield ?