2014.Spring 27
would the Substantially all or the self-evident tests be accepted on an exam given now?
it seems like the examiner's report was only accepting mathematical tests
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would the Substantially all or the self-evident tests be accepted on an exam given now?
it seems like the examiner's report was only accepting mathematical tests
Comments
In this question, they only accepted the quantitative tests as " risk transfer tests." You get a clue that they do this from the way they ask about reinsurance accounting for when the test is failed: that fits the definition of the "substantially all" test. I don't think CAS would discredit the qualitative tests in all cases.