The examiner's report indicates a common error for part B was "Not including the reasons for the adverse development."

The question asks for the 4 largest R1 RBC risk charge categories. One of the listed answers is 'other non-insurance subsidiaries' but I don't see that category anywhere in the R1 section of the sour…

Based on the solution, what is stated as the formula in the wiki for Change in Tax is used to calculate Reinsurer Tax and Primary Insurer Tax. Isn't setting the change in tax for the reinsurer/primar…

In 2015 F 26, I am confused about provisional ceding commission, profit commission and ceding commission. Based on your definition of profit commission (a payment from reinsurer when ceded LR <

Could you explain more about the impact of commutation on net written premium? The answer says the commutation does not change current NWP, but does commutation reduce the ceded written premium? If s…

Is the answer in the Examiner's report to the definition of qualified actuary outdated in 2016 Fall #22 part a, just like 2013 Fall #27 part a and 2016 Spring #20? In other words, I should answer as y

The examiners report seems to indicate in this case that:

I think there is an issue with your practice problems for "2017.Fall#21(2021.Spring version)" the numbers in the solutions don't match those in the questions

It is not mentioned in the examiner's report but I am wondering if another possible answer is that each contract covers a catastrophic event so it is self-evident that risk transfer has occurred?

In the section that discusses the question and answers from 2019 Fall #2b there is the following note:

This question asks:

I guess we are assuming "Direct Paid Loss" and "Direct Case and IBNR Loss" are primary gross before commutation. For part (iii), we are not giving reinsurance triangle, but reinsu…

Today, I was working through Spring 2019 #20, which asks:

Your solution lists IFRS assets at 750 but the problem itself lists them as 850. The conclusion doesn't change, because either asset value is well above the boundaries for regulator action.

I agree with Alice that it was unreasonable to expect you to memorize the factors for various non-invested assets in the R3 calculation. However, I noticed on review this morning that Odomirok explic…

The question states: "John Doe, Chief Information Officer, provided data for the Appointed Actuary's analysis as well as the December 31, 2017 Annual Statement excerpted below". When I read…

In the solution step 2, AMTI calculation, where does the 75% come frome?

The question states that "the reinsurer is looking to commute all three accident years," but the solution itself only seems to consider AY 2017 (at both 12 and 24 months age) when calculati…

I realize this is a very defective question--still, unsurprisingly, the CAS refused to discard it; instead, they go on with some nonsense about increasing the Bloom's level, although I'm ranting--, b…

In problem #2 (with the pencil) that requires identifying RBC risk categories, the solution has "Other non-insurance subs" listed as R-sub-zero. The Odomirok text on page 242 states that &qu