Stowesam

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Stowesam
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  • Can there be some clarity on the definitions of purchased and effective? and how the rules apply to these scenarios? One answer has effective date equal to 1/1/2014 for the Retro, but another has the effective date as 1/1/2015. Does the effective da…
    in Fall 2014 Q25 Comment by Stowesam March 30
  • Not a problem- happy it's accurate and happy to help
    in Visual for Insurance/Compensation Comment by Stowesam March 26
  • Using the 2018 Spring #19- Why don't we have enough information to remove the ceded UEP and reserves, since we know GAAP is gross and should include those liabilities that were removed for SAP? Is it because these are called "Statutory XXX" and that…
    in GAAP Surplus Formula based off of SAP Comment by Stowesam September 2023
  • This is something that helped me to align with the flash cards. The other actuary's work means your not the only one looking at the reserves so their work may be a PReQUL: Purpose Relevancy e(filler) Qualification Uncertainty LOB
    in Other Actuary = "NPC" Comment by Stowesam January 2023
  • I realized I can also use it for the GAAP - they AMORtize bonds they want to hold onto; otherwise it's fair value
    in Memory Trick for Invested Assets Bonds Comment by Stowesam October 2022