aneuenfe1
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Why is the combined ratio in this calculation different than the combined operating ratio in IRIS 5? I can see that in IRIS 5 the policyholder dividends get's lumped into the LR, but why do we want to subtract investment income in one case and not t…
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Hi - do you have an update? Thanks.
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For "Tax Effect of a Commutation" I am referring to the PDF examples that solve for the change in taxable income. Sample answer (easy version): Insurer taxable income increases while reinsurer taxable income decreases. This seems to contra…