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2016.F #16
by ychen612 ·for part a, The examiner's report states R0 as an asset risk, but in the battleacts reading, R0 is not assigned to asset risk. So is R0 an asset risk or not? -
15F#16
by lkto22 ·Hi, in b), for subsequent event, in the solution "...it will be material in future reserves", may I ask the what's the logic behind this? b/c if you compare 50M to the total reserves in 20… -
Spring 2018 #12
by GrantMercy ·Are all three sections of this problem off the syllabus or just "c"? In the battlecards all three are listed as outdated. But in the Battle Table only part c is. -
Net UEP on Battlecard - 2016 Spring #15
by GrantMercy ·It seems they are referencing the Web based Problem to Calculate the SAP Liabilities (BattleCard 31 in the Full BattleQuiz). This was modeled off of 2016 Spring #15. There are a few other threads als -
Spring 2017 #14
by GrantMercy ·I notice there were two sample accepted solutions. In one they only used the "> 90 Days Past Due" rows in the data table to calculate the "recoverable on paid over 90 days"… -
SAP vs GAAP: SAP calculation: net admitted assets
by Staff - AC ·Are you referring to 2014.Fall#15? There, Net UEP is included in liabilities in the solution. UEP is no an asset item. -
Clayton and Robinson Patman Acts
by Staff - AC ·https://battleacts6us.ca/wiki6us/Porter.2-Devlpt#1945:_McCarran-Ferguson_Act:~:text=but%20federal%20laws%20applying%20exclusively%20to%20insurance%20supersede%20state%20laws -
GAAP Surplus Formula based off of SAP
by Stowesam ·Using the 2018 Spring #19- Why don't we have enough information to remove the ceded UEP and reserves, since we know GAAP is gross and should include those liabilities that were removed for SAP? Is it -
Fall 2018_Q21
by bluewind1492 ·Hi, may i ask the net/gross loss reserve in SAO or AOS should include the reserve for D&C? As in this question they don't include for calculation but in Spring 2019 #18, they included it in th -
fall 2018 #16 capital gain tax on net realized capital gain
by bluewind1492 ·I want to ask that 2 questions: -
2017 fall #13
by lkto22 ·Hi, per the solution, "high proportion of stock relative to bonds...", is there a rule of thumb or threshold regarding how much stock relative to bonds or total asset should be held? Thank … -
general expenses when calculating Net Income (Net Profit)
by lkto22 ·Hi from 12F#17a, what are the items typically included in the "PPE incurred"? Thank you in advance. -
Spring 2019 #13
by biwei720 ·Hi, In the exam question, it ask us to propose a materiality standard. I wonder why the quiz answer said sample 5&6 from the exam report is invalid. Thanks. -
Spring 2016 #15
by mec06e ·somebody even asked about this question in the forum for Spring 2019#10 and the response from Staff - AC was: -
Spring 2016 #15
by zachboaz ·Spring 2019 #10 is a problem where the solutio has you sum net UEP reserves over 2 years and they are actually even given as "Calendar Year Premiums" so now I am back to not fully understand -
Spring 2016 #15
by zachboaz ·mec06e, In the actual problem of Spring 2016 #15, they only give you one value of Unearned Premium and they put it in the "Balance Sheet" portion of the information given. Because it is a ba -
Total Liabilities with respect to net UEP
by mec06e ·on the exam Spring 2016 #15 is organized very differently than the Battle Card. I believe that is where the confusion above is coming from (I had the same question) -
Q14
by zachboaz ·In Spring 2014 #19, when recalculating IRIS 7 due to an unusual IRIS 4, Surplus Aid from both CY & CY-1 is removed. -
Fall 2018 #14b
by zachboaz ·Here, they have [incurred loss = paid loss + change in unpaid loss]. I feel like I've always seen [incurred loss = paid loss + change in case reserves]. Is the change in unpaid what should always be … -
Fall 2017 #10 vs Spring 2016 #15
by zachboaz ·Spring 2019 #10 is another one very similar to Spring 2016 #15. We are supposed to know to sum the amounts from both years given, just seems odd to instinctively know to not do that for Fal 2017 #10.