For question (i), why did the answer say coverage period is 2 years?

I also saw the unearned premium used to get the maintenance expenses on other problems as well, see Spring #14, 2018.

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

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

expenses were discounted but in Spring 2018 #14, maintenance expenses were not discounted.

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

This should not be marked as outdated since it is an integral part of the text : Research Paper: Disclosure Requirements IFRS 4–Insurance Contracts for P&C Insurers.

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?

Hi,

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

The question I'm referring to is problem #4 on CCIR.ARinstr (Spring 2016 #14a).