Difference between revisions of "Excel Practice Problems"

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These are the 3 most recent published exams for CAS Exam 6-Canada in Excel. Questions that are outdated are indicated on the point-grid sheet. See examiner's reports for solutions. You can download the examiner's report from the CAS website <u>or</u> use the ''[[Exam Summaries]]'' wiki article.
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==BattleActs Practice Exams (2023-Fall)==
 +
'''Useful Information''':
  
: [https://www.battleactsmain.ca/Excel/CBT_Exam_6c_F.19.xlsx <span style="color: white; font-size: 12px; background-color: tomato; border: solid; border-width: 2px; border-radius: 10px; border-color: tomato; padding: 1px 3px 1px 3px; margin: 0px;">'''CAS Exam 6-Canada: 2019.Fall (Problems)'''</span>]
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* The CAS posted a <span style="color: red;">'''NEW'''</span> Excel file with sample IFRS 17 questions on the Exam 6-Canada page. This is not listed as being part of the required readings but it looks like something you should definitely look at. You can download it from this page: ''(You have to scroll down to find it.)''
  
: [https://www.battleactsmain.ca/Excel/CBT_Exam_6c_S.19.xlsx <span style="color: white; font-size: 12px; background-color: tomato; border: solid; border-width: 2px; border-radius: 10px; border-color: tomato; padding: 1px 3px 1px 3px; margin: 0px;">'''CAS Exam 6-Canada: 2019.Spring (Problems)'''</span>]
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: &rarr;  [https://www.casact.org/exam/exam-6c-regulation-and-financial-reportingcanada CAS Exam 6-Canada]'' &nbsp;&nbsp; &larr; ''This leads you to the original CAS version''
  
: [https://www.battleactsmain.ca/Excel/CBT_Exam_6c_F.18.xlsx <span style="color: white; font-size: 12px; background-color: tomato; border: solid; border-width: 2px; border-radius: 10px; border-color: tomato; padding: 1px 3px 1px 3px; margin: 0px;">'''CAS Exam 6-Canada: 2018.Fall (Problems)'''</span>]
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{| class='wikitable'
 +
|-
 +
|| Or click below to download the '''BattleActs version''', which has '''additional BA commentary''' to help you better understand the solutions:
 +
<br>
 +
: &rarr; [https://www.battleactsmain.ca/Excel/SampleQuestions_IFRS_17_Commentary_(2025_03_02).xlsx <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 15px 25px 15px 25px; margin: 10px;">'''CAS IFRS 17 Sample Questions WITH ADDITIONAL BATTLEACTS COMMENTARY'''</span>]
 +
<br>
 +
: <span style="color: red;">'''(Last Updated: 2025-03-02)'''</span>
  
Due to the transition of CAS exams from paper/pencil to CBT for Fall 2020, I have translated a selection of practice problems into Excel. More problem sets will be added over time.
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|}
  
: [https://www.battleactsmain.ca/Excel/practice_exam_01_(2018.Fall)_problems_v03.xlsm <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-color: green; padding: 1px 3px 1px 3px; margin: 0px;">'''''Excel Practice Exam 1 (Problems)'''''</span>] &nbsp;&nbsp; <span style="color: red;">&larr; ''based on the 2018 syllabus (questions #12, 19, 22(a) are no longer on the 2020 syllabus.)''</span>
+
'''Notes''':
  
: [https://www.battleactsmain.ca/Excel/practice_exam_01_(2018.Fall)_solutions_v03.xlsm <span style="color: white; font-size: 12px; background-color: green; border: solid; border-width: 2px; border-radius: 10px; border-color: green; padding: 1px 3px 1px 3px; margin: 0px;">'''''Excel Practice Exam 1 (Problems & Solutions)'''''</span>]
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* If you find any issues in the NEW practice exam for 2025-Fall, please post here: [https://www.battleactsmain.ca/vanillaforum/categories/practice-exam-2025-fall <span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 +
* If you find any typos or errors, please post to the '''PRACTICE EXAM''' category of the forum here: [https://www.battleactsmain.ca/vanillaforum/categories/practice-exam-2018-fall<span style="font-size: 12px; background-color: lightgrey; border: solid; border-width: 1px; border-radius: 10px; padding: 2px 10px 2px 10px; margin: 0px;">'''Forum'''</span>]
 +
* For the '''IFRS 17 Bonus Question''', you will need to refer to the source text for the ''[[CIA.IFRS17-LRC]]'' wiki article.
 +
* We no longer publish Excel versions of past CAS exams because the majority of calculation problems from past exams are out-of-date. ''(And there is no advantage in having the short-answer questions in Excel format.)''
  
: [https://www.battleactsmain.ca/Excel/practice_exam_02_(2019.Fall)_problems.xlsm <span style="color: white; font-size: 12px; background-color: indigo; border: solid; border-width: 2px; border-radius: 10px; border-color: indigo; padding: 1px 3px 1px 3px; margin: 0px;">'''''Excel Practice Exam 2 (Problems)'''''</span>]
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{| class="wikitable"
  
: [https://www.battleactsmain.ca/Excel/practice_exam_02_(2019.Fall)_solutions.xlsm <span style="color: white; font-size: 12px; background-color: indigo; border: solid; border-width: 2px; border-radius: 10px; border-color: indigo; padding: 1px 3px 1px 3px; margin: 0px;">'''''Excel Practice Exam 2 (Problems & Solutions)'''''</span>]
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|- style="text-align: center;"
 +
|| '''Excel Problems'''
 +
|| '''Answer File'''
 +
 
 +
|-
 +
| '''NEW!!!''' [https://www.battleactsmain.ca/Excel/BattleActs_Practice_Exam_6C_Version_A_(2025_Fall)_0010_questions_v02.xlsx <span style="color: white; font-size: 14px; background-color: purple; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''Practice Exam for New 2025-Fall Syllabus'''</span>]
 +
|| ''[https://www.battleactsmain.ca/Excel/BattleActs_Practice_Exam_6C_Version_A_(2025_Fall)_0010_answers_v02.xlsx Practice Exam Answers for New 2025-Fall Syllabus]''
 +
 
 +
|-
 +
| '''NEW!!!''' [https://www.battleactsmain.ca/Excel/Challenge_MCT_Questions_v01.xlsx <span style="color: white; font-size: 14px; background-color: purple; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''Challenge MCT Question'''</span>]
 +
|| see question file
 +
 
 +
|-
 +
| [https://www.battleactsmain.ca/Excel/BattleActs_Practice_Exam_6C_Version_A_(2023_Fall)_0010_questions_v03.xlsx <span style="color: white; font-size: 14px; background-color: green; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''Revised Practice Exam for New 2023-Fall Syllabus'''</span>]
 +
|| ''[https://www.battleactsmain.ca/Excel/BattleActs_Practice_Exam_6C_Version_A_(2023_Fall)_0010_answers_v03.xlsx Revised Practice Exam Answers for New 2023-Fall Syllabus]''
 +
 
 +
|-
 +
| [https://www.battleactsmain.ca/Excel/IFRS17_Bonus_Question_v3.xlsx <span style="color: white; font-size: 14px; background-color: blue; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''Bonus Question on IFRS 17'''</span>]
 +
|| '''&nbsp;&nbsp;&nbsp;&nbsp;Answer in same file as question'''</span>
 +
 
 +
|-
 +
| [https://battleactsmain.ca/Excel/CAS_IFRS_17_Sample_Problem_7_(4_problems).xlsx <span style="color: white; font-size: 14px; background-color: orangered; border: solid; border-width: 1px; border-radius: 10px; margin: 0px; padding: 2px 10px 2px 10px; margin: 10px;">'''BA Version of CAS Sample Problem 7 (step-by-step)'''</span>]
 +
|| '''&nbsp;&nbsp;&nbsp;&nbsp;Answer in same file as question'''</span>
 +
 
 +
|}
 +
 
 +
==List of Problem Types==
 +
 
 +
Problem types <span style="background-color: lightblue;">highlighted in blue</span> are also available as ''[https://battleactsmain.ca/FC.php?selectString=**&filter=both&sortOrder=natural&colorFlag=allFlag&colorStatus=allStatus&priority=A&prefix=all&suffix=all&section=all&subSection=all&subsetFlag=CP&examRep=all&examYear=all&examTerm=all&quizNum=0&select07=0&select08=0&select09=0 web-based problems]''.
 +
 
 +
{| class='wikitable'
 +
|-
 +
!  Wiki Link !! Problem Type !! Practice Problems
 +
 
 +
|-
 +
|| [[OSFI.MCT-IFRS]]
 +
|| <span style="background-color: lightblue;">MCT '''Ratio''' (given all components)</span> <br> MCT '''Capital Available''' (TOTAL) <br> <span style="background-color: lightblue;">MCT Capital Available (Deduction due to Capital Composition)</span> <br> MCT '''Capital Required for Insurance Risk''' (TOTAL) <br> <span style="background-color: lightblue;">MCT Capital Required for Insurance Risk (Earthquakes)</span> <br> MCT Capital Required for Insurance Risk (Deduction from Capital Available for Unregistered Reinsurance) <br> MCT Capital Required for Insurance Risk (Margin Required for Unregistered Reinsurance) <br> <span style="background-color: lightblue;">MCT '''Capital Required for Market Risk'''</span> (TOTAL) <br> <span style="background-color: lightblue;">MCT Capital Required for Market Risk (Interest Rate Risk - easy version)</span> <br> <span style="background-color: lightblue;">MCT Capital Required for Market Risk (Interest Rate Risk - harder version)</span> <br> MCT Capital Required for Market Risk (Duration of Assets & Liabilities) <br> <span style="background-color: lightblue;">MCT '''Capital Required for Operational Risk''' (TOTAL)</span> <br> MCT '''Capital Required for Credit Risk''' (TOTAL)
 +
 
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/MCT_IFRS17_1_v07.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''MCT: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/MCT_IFRS17_1_v10_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''MCT: Set 1 (Solutions)'''</span>]
 +
 
 +
|-
 +
|| [[CCIR.Instructions]]
 +
|| '''Calculating Equity''' <br> &nbsp;&nbsp;&bull; <span style="background-color: lightblue;">using Fundamental Accounting Equation</span> <br> &nbsp;&nbsp;&bull; using prior year's equity and current year's income <br> &nbsp;&nbsp;&bull; using Statement of Financial Position - Liabilities & Equity, page 20.11) <br> '''Other Financial Statement Quantities''' <br> &nbsp;&nbsp;&bull; <span style="background-color: lightblue;">Net Income / Investment Income / Investment Return</span> <br> &nbsp;&nbsp;&bull; <span style="background-color: lightblue;">Adjusted equity / Investment Yield / ROE (Return on Equity)</span> <br> &nbsp;&nbsp;&bull; <span style="background-color: lightblue;">Claims Development as a % of Adjusted Equity</span> <br> &nbsp;&nbsp;&bull; <span style="background-color: lightblue;">Agents and Brokers Balances Due from Subs and Associates as a % of Adjusted Eq.</span> <br> &nbsp;&nbsp;&bull; <span style="background-color: lightblue;">Insurance Service Result / Total Insurance Revenue / Excess (Deficiency) using page 60.45</span> <br> &nbsp;&nbsp;&bull; <span style="background-color: lightblue;">Excess (Deficiency) Amount (using page 60.35)</span>
 +
 
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/CCIR_1_v04.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''CCIR Instructions: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/CCIR_1_v04_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''CCIR Instructions: Set 1 (Solutions)'''</span>]
 +
 
 +
|-
 +
|| [[MSA.Ratios]]
 +
|| <span style="background-color: lightblue;">Calculate MSA Ratios (must also know acceptable ranges)</span>
 +
 
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/MSA_1_v02.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''MSA Ratios: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/MSA_1_v02_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''MSA Ratios: Set 1 (Solutions)'''</span>]
 +
 
 +
|-
 +
|| [[Dutil.FA]]
 +
|| RSP Participation Ratio <br> '''Company Loss Ratio''' <br> &nbsp;&nbsp;&bull; On company's share of RSP <br> &nbsp;&nbsp;&bull; Total including cessions to RSP <br> &nbsp;&nbsp;&bull; Total assuming no cession to RSP
 +
 
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/FA_v02.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''Facility Association: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/FA_v02_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''Facility Association: Set 1 (Solutions)'''</span>]
 +
 
 +
 
 +
|-
 +
|| [[CIA.FCT-1]]
 +
|| Determine whether insurer is in satisfactory financial condition
 +
 
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/FCT_1_v02.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''FCT: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/FCT_1_v02_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''FCT: Set 1 (Solutions)'''</span>]
 +
 
 +
|-
 +
|| [[CIA.IFRS17-LRC]]
 +
|| Calculate the CSM using coverage units <br> Calculate LRC under PAA <br> Using basic formulas to calculate LC & LRC (EASY version)
 +
 
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/IFRS17-LRC_1_v01.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''IFRS17-LRC: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/IFRS17-LRC_1_v01_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''IFRS17-LRC: Set 1 (Solutions)'''</span>]
 +
 
 +
|-
 +
|| [[CIA.IFRS17-DR]]
 +
|| Calculate the IFRS 17 discount rate using a bottom-up and top-down approach <br> Calculate the FCFs for issue years
 +
 
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/IFRS17-DR_1_v01.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''IFRS17-DR: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/IFRS17-DR_1_v01_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''IFRS17-DR: Set 1 (Solutions)'''</span>]
 +
 
 +
|-
 +
|| [[BCAR.Cdn]]
 +
|| <span style="background-color: lightblue;">Determine the A.M. Best rating</span> <br> <span style="background-color: lightblue;">Calculate B5 for BCAR for each VaR level</span>
 +
 
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/BCAR_v02.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''BCAR: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/BCAR_v02_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''BCAR: Set 1 (Solutions)'''</span>]
 +
 
 +
|-
 +
|| [[Odo.FinReg]]
 +
|| <span style="background-color: lightblue;">Regulator action under Solvency II</span> <br> <s>Value of commuted claims</s> <span style="color: red;">&larr; removed</span>
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/Solvency_II_1_v02.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''Solvency II: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/Solvency_II_1_v02_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''Solvency II: Set 1 (Solutions)'''</span>]
 +
 
 +
|-
 +
|| [[PACICC.Comp]]
 +
|| <span style="background-color: ;">Calculate PACICC Recovery</span> <br> Calculate Additional Distribution
 +
|| [https://www.battleactsmain.ca/Excel/POWER_PACK/PACICC-Comp_1_v03.xlsx <span style="color: white; font-size: 12px; background-color: blue; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''PACICC Recovery: Set 1'''</span>]
 +
 
 +
[https://www.battleactsmain.ca/Excel/POWER_PACK/PACICC-Comp_1_v03_(solutions).xlsx <span style="color: white; font-size: 12px; background-color: chocolate; border: solid; border-width: 2px; border-radius: 0px; border-color: blue; padding: 5px 15px 5px 15px; margin: 0px;">'''PACICC Recovery: Set 1 (Solutions)'''</span>]
 +
 
 +
|}
 +
 
 +
[[Excel Practice Problems - 2024-11-25]]

Latest revision as of 23:58, 7 September 2025

BattleActs Practice Exams (2023-Fall)

Useful Information:

  • The CAS posted a NEW Excel file with sample IFRS 17 questions on the Exam 6-Canada page. This is not listed as being part of the required readings but it looks like something you should definitely look at. You can download it from this page: (You have to scroll down to find it.)
CAS Exam 6-Canada    ← This leads you to the original CAS version
Or click below to download the BattleActs version, which has additional BA commentary to help you better understand the solutions:


CAS IFRS 17 Sample Questions WITH ADDITIONAL BATTLEACTS COMMENTARY


(Last Updated: 2025-03-02)

Notes:

  • If you find any issues in the NEW practice exam for 2025-Fall, please post here: Forum
  • If you find any typos or errors, please post to the PRACTICE EXAM category of the forum here: Forum
  • For the IFRS 17 Bonus Question, you will need to refer to the source text for the CIA.IFRS17-LRC wiki article.
  • We no longer publish Excel versions of past CAS exams because the majority of calculation problems from past exams are out-of-date. (And there is no advantage in having the short-answer questions in Excel format.)
Excel Problems Answer File
NEW!!! Practice Exam for New 2025-Fall Syllabus Practice Exam Answers for New 2025-Fall Syllabus
NEW!!! Challenge MCT Question see question file
Revised Practice Exam for New 2023-Fall Syllabus Revised Practice Exam Answers for New 2023-Fall Syllabus
Bonus Question on IFRS 17     Answer in same file as question
BA Version of CAS Sample Problem 7 (step-by-step)     Answer in same file as question

List of Problem Types

Problem types highlighted in blue are also available as web-based problems.

Wiki Link Problem Type Practice Problems
OSFI.MCT-IFRS MCT Ratio (given all components)
MCT Capital Available (TOTAL)
MCT Capital Available (Deduction due to Capital Composition)
MCT Capital Required for Insurance Risk (TOTAL)
MCT Capital Required for Insurance Risk (Earthquakes)
MCT Capital Required for Insurance Risk (Deduction from Capital Available for Unregistered Reinsurance)
MCT Capital Required for Insurance Risk (Margin Required for Unregistered Reinsurance)
MCT Capital Required for Market Risk (TOTAL)
MCT Capital Required for Market Risk (Interest Rate Risk - easy version)
MCT Capital Required for Market Risk (Interest Rate Risk - harder version)
MCT Capital Required for Market Risk (Duration of Assets & Liabilities)
MCT Capital Required for Operational Risk (TOTAL)
MCT Capital Required for Credit Risk (TOTAL)
MCT: Set 1

MCT: Set 1 (Solutions)

CCIR.Instructions Calculating Equity
  • using Fundamental Accounting Equation
  • using prior year's equity and current year's income
  • using Statement of Financial Position - Liabilities & Equity, page 20.11)
Other Financial Statement Quantities
  • Net Income / Investment Income / Investment Return
  • Adjusted equity / Investment Yield / ROE (Return on Equity)
  • Claims Development as a % of Adjusted Equity
  • Agents and Brokers Balances Due from Subs and Associates as a % of Adjusted Eq.
  • Insurance Service Result / Total Insurance Revenue / Excess (Deficiency) using page 60.45
  • Excess (Deficiency) Amount (using page 60.35)
CCIR Instructions: Set 1

CCIR Instructions: Set 1 (Solutions)

MSA.Ratios Calculate MSA Ratios (must also know acceptable ranges) MSA Ratios: Set 1

MSA Ratios: Set 1 (Solutions)

Dutil.FA RSP Participation Ratio
Company Loss Ratio
  • On company's share of RSP
  • Total including cessions to RSP
  • Total assuming no cession to RSP
Facility Association: Set 1

Facility Association: Set 1 (Solutions)


CIA.FCT-1 Determine whether insurer is in satisfactory financial condition FCT: Set 1

FCT: Set 1 (Solutions)

CIA.IFRS17-LRC Calculate the CSM using coverage units
Calculate LRC under PAA
Using basic formulas to calculate LC & LRC (EASY version)
IFRS17-LRC: Set 1

IFRS17-LRC: Set 1 (Solutions)

CIA.IFRS17-DR Calculate the IFRS 17 discount rate using a bottom-up and top-down approach
Calculate the FCFs for issue years
IFRS17-DR: Set 1

IFRS17-DR: Set 1 (Solutions)

BCAR.Cdn Determine the A.M. Best rating
Calculate B5 for BCAR for each VaR level
BCAR: Set 1

BCAR: Set 1 (Solutions)

Odo.FinReg Regulator action under Solvency II
Value of commuted claims ← removed
Solvency II: Set 1

Solvency II: Set 1 (Solutions)

PACICC.Comp Calculate PACICC Recovery
Calculate Additional Distribution
PACICC Recovery: Set 1

PACICC Recovery: Set 1 (Solutions)

Excel Practice Problems - 2024-11-25