emelndalgic
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- emelndalgic
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Ohh ok. Thank you! A little confusion encourages me to learn and remember, so no worries at all.
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Ooh I see. Thank you.
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OK, makes sense
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I meant not likely based on other answers that did get accepted.
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Thank you
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Thank you
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Thank you
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Thanks
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I guess I am thinking of this as if this is a commutation with $0 settlement, and thinking the triangles would be distorted but we wouldn't get 10?
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Wouldn't the reserve development be calculated using Schedule P though? If so, doesn't that mean the prior year's net reserve would need to be restated to be direct?
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For part d in this problem, if the reinsurer were to go insolvent, one of the answers state "IRIS 11 would be 10/40". Does that mean if a reinsurer goes insolvent the prior year reserves and the incurred in schedule P part 2 gets restated?
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Thank you! I think this will make it easier for me to remember too
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Thank you, I will try those tips
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Thank you for answering so many questions
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Thank you
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I am confused about "the state cannot enact its own definition of terrorism" because who decides whether or not an act is terrorism is "The Secretary of State, Secretary of the Treasury and Attorney General". Is it because they have to adhere to som…
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Thanks
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Thanks
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That would make sense, thanks
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Actually should the market(HC) also be multiplied by ownership percentage? Otherwise at 0% ownership the charge is largest
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Thanks, that makes sense now
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Thank you!
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Or is accounting basis simply SAP?
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Does "accounting basis" refer to discounting versus nominal in this case? In the grade report for Fall 2018 Q23 Part b, omitted accounting basis, or discounting is not listed. Does that mean it would not have been accepted as a correct answer if it …
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What is the difference between JUA and RF? If I understand you correctly, with JUA the insured applies to insurer, which then forwards it to JUA carrier, which then writes the policy and services the claims with a fee, but the insured thinks they ar…