ulysses

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ulysses
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  • Oohhh okay, I think the wording of this question is where my confusion is. So I'd only add investment income + realized gain if they asked me for the investment gain.
    in 2018 Fall #11 Comment by ulysses February 2023
  • Thanks!
    in 2016_1_Spring_13 Comment by ulysses February 2023
  • I have a question on part b. Keeping it in this thread so that we don't have multiple threads for the same question. Why doesn't the solution consider the tax benefit? As a result of assuming the $3M in reserves, wouldn't that be a $3M*(.35)=$1.05M …
    in Spring 2016 #27 (c) Comment by ulysses February 2023
  • This makes it so clear for me now, thank you so much!
    in Fall 2019 #19 Comment by ulysses January 2023
  • I'm sorry to add to the confusion, but I am all sorts of confused now. Graham's comment in the following post says that investment income does not include realized gains but that contradicts the answer to part a of this problem (fall 2018 #11) as we…
    in 2018 Fall #11 Comment by ulysses January 2023
  • Thanks
    in 4 practice problems like 2014.Fall #18, Problem 2 Comment by ulysses January 2023
  • Yes, I saw that calculation in the solution, but I still can't understand what's wrong with the way I did it. What's the issue with (12-3.8-4.7)/.85? Wouldn't the HO charge be the total minus the charges for PPA and OL (numerator), and then we divid…
    in Fall 2019 #19 Comment by ulysses January 2023
  • Wow, that is super ambiguous. Not sure how I was supposed to figure out that "average unpaid claim estimate" is different than "average unpaid loss" even though they sound exactly the same. I am still lost with this problem. The question asks for…
    in 2016_1_Spring_13 Comment by ulysses January 2023
  • Thanks! Are all the questions in the BattleTables covered in the BattleCards, or not necessarily? It seems like the BattleTables may include some very old questions (from 2012 for example) that may not be in the BattleCards.
    in Battle Tables Vs. Battle Cards Comment by ulysses January 2023
  • I'm confused why they remove both the paid and the IBNR from the incurred to get the unpaid. Shouldn't we only be removing the paid amount from incurred to get the unpaid?
    in 2016_1_Spring_13 Comment by ulysses January 2023
  • There are already two threads on this problem, so I don't want to add a third one even though my question is on part a. Why is the net realized capital gain not part of the total gross investment income earned? Just by the naming of it, doesn't '…
    in 2014 Fall - Question 12b Comment by ulysses January 2023
  • For part b, I stated my assumption that the actuary's point estimate is the average of the range. I don't see any indication in the examiners reports regarding if this would be acceptable or not. Do you think it may have been accepted?
    in Fall 2018_Q21 Comment by ulysses December 2022
  • This makes sense, thank you so much for clarifying. However, if an exam question asked for relevant comments disclosures, would 'disclosures from Exhibit B' be an acceptable answer? I would think the examiners would expect something more specific, s…
    in Relevant Comments Mnemonic Comment by ulysses December 2022
  • Can you explain what the Exhibit B disclosure is in relevant comments?
    in Relevant Comments Mnemonic Comment by ulysses December 2022