anonact

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anonact
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  • I believe this is in reference to BattleQuiz 2, Question 8. I have the same question as the OP. It is given there is a 5% chance of loss > 25%, and asked whether the 10-10 rule is satisfied. The answer is no, but I'm not sure how that conclusion …
    in BC: given a 5% chance of a 25% loss: does risk transfer exist? Comment by anonact April 2023
  • I liked this one, what also came to mind was DRIPS, which sort of relates to flood/water. Distribute flood maps Reduce need for other post-flood disaster aid Imposes land use and building standards Protects lenders against mortgage defaults du…
    in Memory Aid for NFIP Non-Insurance Goals Comment by anonact February 2023
  • This part of the wiki for Odomirok.15-P threw me off, with it being in bold. To make sure I understand, schedule P is in its entirety net of prospective and gross of retroactive reins? Under Schedule P Concepts, 'Talk to people' subheading: …
    in Retroactive Reinsurance under SAP Comment by anonact February 2023
  • I'm confused on the wording of this section of COPLFR. If the AA is providing what data is significant, why would the auditor then need to decide what data elements to include? Shouldn't they include all that the actuary provided, as they're all sig…
    in Spring 2016 21 Comment by anonact January 2023