danwang0509
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- danwang0509
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Okay, I missed an important information, "reinsurer reserves its portion of the book as the same level of the insurer", so reinsuer gross (case+IBNR) = 0.5 * primary ceded (case+IBNR). Thank you!
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Thanks!
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Great, thank you!
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I understand that primary ceded undiscounted reserve and reinsurer assumed undiscounted reserve could be the same, but they don't have to. In this problem, we use discounted reserves, and primary ceded = reinsurer assumed = 2.0. Do they just happen …
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That is a good point. Thanks!!