Accounting basis for reserves is currently listed as a BattleCard answer for part b even though part b is asking for disclosures other than the stated basis of the reserves. This was accepted as an a…

can I use regular method [(Loss - premium)/premium] >10%

The infinite problem generator in BQ2 does not subtract reinsurer premiums when computing the U/W loss, but #25a in BQ3 DOES net out the premiums when computing the loss. Which is the correct approach

Contract #2:

Can someone provide commentary on why both UEPR included and excluded were accepted answers to part a.? Reviewing COPLFR, it seems that UEPR could be included if UEPR is one of the reserve items incl…

Just wanted to call out, in the ER for part a it reads, "Common errors included listing an unacceptable type of opinion like adequate opinion, unqualified, opinion, none, or over-reserved."

The answer provided in the exam report to part a.i. refers to the carried reserves being within the appointed actuary's range of unpaid claim estimates.

I have a similar question for Spring 2019 #22. Is the reason they used 10% of the point estimate rather than 10% of the carried reserves for the materiality standard because the question said "in

Parts (b) and (c) are grouped together in the Prior Exams Section, and it says that the examiners report solution is outdated. It's a little unclear to me whether both parts are outdated or just part…

I feel this goes against Spring 2016 #26, however. The examiner's report selects the first loss that is greater than a 10% chance of a loss, corresponding to 20,000. I would argue that, based on the w

I'm missing, but I'm slightly less sure about #2, I feel like it's a solid answer here but would anyone be able to confirm with reasonable confidence that this would be an acceptable answer?

Based on Spring 2019 #22 part b, I am interpreting this correcting that this should be % of point estimate reserves, rather than % of carried reserves?

However, Full Battle Quiz #20, rating considerations that Task Force believes to be unfairly discriminatory, one of the answers is "propensity to shop for insurance."

* In scenario #2, (CY incremental paid loss is $30), cumulative paid increase by $30 but reserve decreases only by $4. meaning that Actuary at end of CY believe that the estimated reserve from 1 year

Hello, BattleActs TA

part a) - once I calculated (loss net of RE premium)/RE premium > 1.1, why still need to compare with probability of loss? 15% in #1, 2% in #2, 1% in #3

Below are my queries regarding this question. Appreciate someone could help to explain.

* https://battleacts6us.ca/wiki6us/Exam_Summaries#2019_Fall

Is this problem's method for calculating the Reinsurance RBC still applicable?

For Question #22a, I thought using the actuary's point estimate (or anything the actuary calculated) to calculate a materiality standard was not allowed. Am I confused about this? I thought the materi