downthesun
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Got it. Thanks.
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I thought reinsurers can get banks to provide letters of credit to cedants on the reinsurer's behalf? Surely there's cost to the reinsurer for that and the price would, at least in part, depend on the reinsurer's rating agency rating, no?
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Hi. For B. ii., one of the model solutions is: Stock companies can hold less capital than ****reciprocal ****insurers because they have the ability to raise capital by selling stock. My answer was: ****Mutuals ****may need higher minimum…
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Great explanation. Thanks!
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Hi, could you clarify what's meant by "equivalent insureds"? I have questions about rates in the auto residual market, so this thread has been helpful. * AIP - Regulators set the rates. Is this to ensure affordability for high-risks? The altern…
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Thanks. I knew it was "the other part to DCC" but I didn't know what it stood for.
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Thanks! That was the exact issue I was having with "multiples".
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Hi. Are there any mini-quiz calculation problems for R0? Like the ones the randomly generated data? Thanks.
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What exactly is the information provided in the Actuarial Opinion Summary that makes the document confidential? I'm not seeing anything that's proprietary. Is it the appointed actuary's range of estimates?
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I'm confused. Is it a Medicare or Medical Set-Aside Allowance? I would think it's medical, but want to make sure. I was wrong. I looked it up. It's Medicare
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Can you dumb down what's being said here: 30. Portfolio reinsurance is the transfer of an insurer’s entire liability for in force policies or outstanding losses, or both, of a segment of the insurer’s business. Loss portfolio transactions are to …