I think this is the explanation resulted in #1-Before CalculationDate, but #2 as - After CalculationDate. Please let me know if I'm heading the right direction

In this question why is cash and bonds also reduced by reinstatement premium and treaty cost.

Hi! I'm a little confused about the difference between J (gross contingent commissions) and Z (contingent commission rate % gross premium)? For the DPAE calculation if it's not explicitly stated that…

How about in calculating Capital Required for interest rate risk, when abs(AssetMDshock-UCAEMDshock-PremLiabMDshock), shall we use PremLiab=(a)+(b) or PremLiab=(a)+(b)+(c)? I vaguely remember one o

Are the terms Yield-based plans and Non-yield based plans exclusively reserved for AgriInsurance (BRM #1)? Or can these terms be used to describe the other BRM programs as well?

Hi Graham,

it did not state the traingles are gross or net . Do we automatically assume loss traingles are gross loss traingles? or did I miss anything?

Hi!

Hi! I hope everyone's studying is going well. I'm having such a headache learning premium liability and duration and I was wondering if someone has the solution to Spring 2016 #13, using the new metho

When should we discount maintenance expenses when calculating premium liabilities for Margin Required for Interest Rate risk? In the examiner's solutions on Spring 2016 #13, maintenance expenses were

In exam report of 2019Spring #13, the given equity risk margin of $11,000 is "capital required AT TARGET", which supposed to be minimum required, or capital required/1.5; while the interest

(3) In CAS.GovtIns, in the bloom's question on 2014.Fall #10b, it asks "why should the government not be involved in flood insurance"

For the example in Exam2019Fall #18, From balance sheet , we read Net APV(UCAE CY2018)=184,500-16,500=168,000. That should includes UCAE from all prior accident years remains in CY2018. Is it right?

Would it be possible to post the solution for 2016 Spring #13 following the new method to calculate premium liabilities? It's mostly for the maintenance expense portion I'm unsure if my solution is co

On battlecard #10, pre-set limits on timing of payments is listed as a risk limiting feature. However, on battlecard #12 (2018.Fall #5a), 'premium paid quarterly' is classified as a 'non risk-limitin

Hi, can you please explain why the net incurred losses need to subtract the net claim liability from FY 2015 ($47,876)?

Can anyone explain why the margin for AY 2016 is zero?

I am trying to understand the relation across those tables. For example in runoff table, AY2016 net UCAE at end of CY2016 is 1200. In Asset/Liab tables, CY2016 net UCAE is 4477-1760=2717. Should the…

I believe the solution for the first two questions are not updated properly, since the explanation did not grab the right numbers. Could anyone confirm this?

In your solution to K, you mention that IBNR = Ultimate - Case. Shouldn't it be Total APV Liabilities - Case? Since Total APV Liabilities = IBNR + UCAE. And if we wanted to use Ultimate, we would wan…