annie123

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annie123
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  • Maybe it's in the wording of the problem (i.e., maybe this would be a bad example problem for this reading)? The question specifically references what disclosures may be required when making use of an analysis conducted by a non-actuary. In this cas…
    in 2017.Fall #24bii Comment by annie123 April 2021
  • my bad, thx graham!
    in 2015 Spring #17 Comment by annie123 April 2021
  • Is it just me or is the examiner report formula and solution wrong? They list that: * RTI = UW profit + 20% UEPR + Change in loss reserve discount + taxable investment income + realized gains but my understanding would be that: * RTI =…
    in 2015 Spring #17 Comment by annie123 April 2021
  • That helps, thanks. Is surplus lines only a reinsurance coverage? I was under the impression that surplus lines could be either a primary insurance or reinsurance coverage?
    in Dearie v NAIC.Solvency Comment by annie123 March 2021
  • I'm not quite sure if I'm understanding the difference between Total Recoverable, T vs. Paid Recoverable, P. Is it just that T = sum of P (where P refers to specific reinsurance contracts)? So for this problem, would we be labeling the $5 M recover…
    in 2018.Fall Q15 Comment by annie123 March 2021
  • This doesn't affect the solution but just trying to understand the mapping of the values given in the exam question to your handy tables. How did you arrive at P^n(B) = 155? I would have guessed this was = 135?
    in Fall 16 Q13 Example Comment by annie123 March 2021
  • Okay thanks, but still a bit confused by how the driver doesn't know they have been rejected in the voluntary market. If lets say the driver approaches insurer A for insurance but driver A decides to send the driver to the JUA (i.e., JUA B ), wouldn…
    in JUA and RF Comment by annie123 February 2021
  • Question related to the topic of MSAs but not directly to that particular Q mentioned above: In the wiki under lame solution you wrote: "The fatal flaw was that the MSA must be agreed upon and funded by all parties to the settlement. There was no…
    in 2017.Spring 9 b. Comment by annie123 February 2021
  • In your above comment graham you mentioned "Under JUA, insureds do not need to be denied by the voluntary market. (That only applies to RF.)" However reading the examiner reports (i.e., F2018 Q7a) it says "JUAs – Voluntary market rejects high-risk d…
    in JUA and RF Comment by annie123 February 2021
  • Thanks!
    in Travelers Annual Statement to look at 5-yr exhibit? Comment by annie123 February 2021
  • Thanks!
    in 10-10 rule Capping the Loss at Retention plus Excess Comment by annie123 February 2021
  • Thanks!
    in Exam Problem 2018 Fall #10 Comment by annie123 February 2021
  • In the examiners report it states that a common mistake is: "Stating that the events are Type 2 subsequent events and therefore would not be reflected in the financial statements (both events are Type 1 subsequent events). " How would this change…
    in Exam Problem 2018 Fall #10 Comment by annie123 February 2021
  • Related to the 10-10 rule, why do we calculate the NPV(loss) = PV(gross loss - retention)? Why wouldn't it be NPV(loss) = PV(gross loss - retention) - PV(reinsurance premium)?
    in 10-10 rule Capping the Loss at Retention plus Excess Comment by annie123 February 2021