Fall 2012 # 19 part a
has the provision for reinsurance non slow payers changed since this exam?
I thought the equation was 20% of the paid recoverables >90 days due both in & not in dispute
examiner report has 20% of the paid recoverables >90 days due not in dispute + 20% of amounts in dispute
since we were not given the in dispute over 90 days I assumed it was 0
Comments
Either the formula changed, or the question was set up wrong, because your interpretation of the formula is currently correct.
would it be possible to get this question marked with something as I had the same confusion
I have inserted a footnote below the Battle Table for this question here:
I have also marked part (a) outdated in the BattleCards.