Importance to actuary
Study cheat states schedule F is important to actuary because it shows net reserves (Sch P does not included assumed or ceded reinsurance). I don't quite understand this statement.
Isn't that Sch P also has Direct and assumed reserve and Ceded reserve (i.e. also net reserve)?
Comments
I will take a look at that statement in the cheat sheet and get back to you.
Found anything?
I realize this is a less than satisfying answer: Due to the volume of questions we receive in the forum and through email in the week prior to the exam, we won't be able to address edits to the cheat sheet until after the exam period. We will likely just delete that bullet point anyway so you should be fine if you ignore it.