Hi,

Is this the Capital available ? From Spring2017 #19, we know that Capital and Surplus is AT LEAST : AOCI + Retained Earnings + Common Shares

This should not be marked as outdated since it is an integral part of the text : Research Paper: Disclosure Requirements IFRS 4–Insurance Contracts for P&C Insurers.

Hi,

government law) - similar to this point question #1 normally relates to authority given (landmark cases are later in the exam as well). They've thrown a few curve balls in a times, but try to do the

Please see: https://www.battleactsmain.ca/wiki6c/2016.Fall_Q15_Redone (for more context, please see the '2016.Fall #15 Redone' section under https://www.battleactsmain.ca/wiki6c/CIA.PrLiabs#Duration_o

Here is the link to the question:

Net LR = 166,000/(339,000-6,000) = 51.39% but the answer sheet says 46.8%

This question does not explicitly state "for prior years in CY 2015" like it does in 2017 Spring #16. How do we know that we are supposed to exclude AY 2015 in calculations?

For Fall 2017 #15: We already calculated Premium Deficiency = 4687, but it's stated in the conclusion that "Note that there is no premium deficiency or DPAE for facility given that net unearned p

Hi,

2018 Spring #15b, when calculating the discounted LR for AY 2014, the denominator is EP + InvInc from UPR. Based on my understanding the annual rate needed to calculate the InvInc from UPR should be a

I noticed in the Spring 2018 examiner's report of #14 that maintenance expenses were not discounted and the question doesn't mention explicitly when they were incurred. However in an older question, f

Evaluation #1a: Is the provisions by the government necessary?

The entire paragraph above refer to #1. Claims are being commuted back to insurer. This is typically how commutations work. Otherwise it would just be called a new reinsurance contract.

P.S. Be sure to take a quick look at BattleHacks #1,2,3,4 also, just to make sure everything is covered. It should be, but now I'm wondering if anything else slipped through the cracks.

I just wanted to clarify what "substantially all" really means. In #16aii of the Fall 2016 exam, the examiner's report says:

What do you do on the exam to calculate the APV of premium liabilities if they give you the discounted loss ratio instead of the undiscounted LR?

The:

The solution says: