Comadiroma

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Comadiroma
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  • Possibly dumb question here but in the solution posted above, why does TBEP have U/W expenses subtracted out? The formula in the Wiki for TBEP is just TBEP = EP + 20% * chg(UEP). Am I missing something that indicates when we need to remove UW ex…
  • Is there a reason that Investment expenses are not subtracted out in the solution to this question? The Net Investment Income formula in the wiki is: = (investment revenue) – (investment expenses) – (non-federal TLF) I recognize that taxes are …
  • That makes sense. Thank you for the response!
  • For this question, part b, the examiners report says that reasonable should be the given opinion in Exhibit B since the net reserves are reasonable and they are the more applicable estimate when dealing with reality (more or less). My question is…
  • because it is adding the given 100 to surplus(last year) I see, that makes sense now. Thanks!
  • So I think I understand everything that you're saying about the change being last year - this year, but I feel I must be missing something because it seems like you mean to say that Sample 2 is the one in line with this? Both sample answers are u…
  • Reviewing this question currently and I have some confusion (maybe). I might just be dumb here but the solution for part b in the examiners report has 2 sample solutions that seem at odds with each other and I'm not sure how to make sense of it: …
  • I was borrowing the "social stigma" piece from the Cook reading (the wiki says that a downside to ARPs is that the insured knows they are in the residual market and that there could be a stigma attached to that). The words "social" and "stigma" don…
  • I like this way of arranging the terms, I'm definitely using this set up. Thanks!
  • Small tweak that just works a bit better for me, putting it here for anyone else it may help: R2 Equity R4 Reserves R5 NWP RCat R3 Credit R1 Fixed Income 2 Everyone 4 Reads 5 New Category (but) 3 Can't 1 Figure It (out)
  • I'm personally thinking of using "FEC RON'S CAT" for anyone that might want another option FEC = Fixed income, equity, and credit = R1 - R3 R = Reserve Risk = R4 O = Operational Risk N = NWP = R5 S = Subsidiary/Misc = R0 Cat = Catastrophe = …
  • Does this mean that if you're asked to identify 3 levels of regulatory action that you could use these 2 lists interchangeably? For example would both "Regulatory Action level" and "Mandatory Action level" be accepted answers or is there something …