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  • thanks for clarifying!
  • Thanks Paul and Graham. So to use the Schedule P Part 2 from the Liberty Mutual's 2016 annual statement in the Schedule P section, would the company LDF be calculated as the sum of column 10 (ignoring row 11) divided by the sum of the diagonal (a…
  • Thanks Graham! Just to clarify, the formula given in the RBC section is: R0 + sqrt(R1^2 + R2^2 + R3^2 + R4^2 + R5^2 + Rcat^2) + (operational risk) If we're not given any specific information, we should assume the charge for operational risk…
  • Thank you both! Yes I believe it's just the set-up of this particular problem that gave me an issue but once I looked at it from the view of the reinsurer the numbers began to click. This was a good problem since it's different from the practice …
  • okay after staring at this for a while - are all notations "reversed" since we're looking at this from the perspective of the reinsurer? so all "paid recoverable" notations actually correspond with the unpaid amounts due from the reinsurer since tho…
  • Nevermind again - I think I am confusing "collected" vs. "earned" as being synonymous with each other when they're not
  • Oh sorry I think I may know - it's because one is accounting for the excessive growth of reserves (r4) while the other is accounting for the excessive growth of written premium (r5)