smalloy

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smalloy
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  • Sorry, can you confirm that we need to subtract capital gains tax from (1) even though the realized capital gain is already NET?
    in Fall 2018 #16 Comment by smalloy April 2022
  • In this problem, the first contract doesn't include timing risk because there is a predetermined payment schedule for incurred losses from the reinsurer. As an extreme example, if the primary ceded 98% of losses, but there was a fixed payment schedu…
    in 2016 Fall 25 (i) Comment by smalloy April 2022