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Spring 2016 #22
by JJJ ·For a, is it bc we are not given non-tabular discount/tabular discount, therefore PHS = TAC? -
Tax Benefit Confusion
by zachboaz ·I am getting the BA's version of p_T from BattleActs' re-formatted example of Spring 2016 #27. I also see the examiner's report shows it the same way as BattleActs, it was just confusing me at first t -
Fall 2019 #22 - Propose language for opinion
by jchen0501 ·Why don't they mention the unearned premium reserves for long duration contracts? Is it because premiums are not in the question? -
Fall 2018 #16
by Jaarndt ·Thank you for the response; however, I still think that this section has a typo in the wiki in the footnote #2. I am not asking about the difference between net income earned and net income gain. I un -
4 practice problems like 2014.Fall #18, Problem 2
by ulysses ·Note 1: These 4 problems were generated with random numbers and problem #2 had a negative base RBC charge for WC. This negative charge for WC should probably be set to 0 before combining it with the c -
2018S #14
by athomp28 ·So I was trying to figure out why this problem included EP in invested income but we didn't for 2017F #21. -
2018 Fall #11
by zporiri ·I'm just now seeing this change to the NII formula that I had memorized for a long time and I'm confused by a footnote #2 in the Total Net Income table on the wiki. -
Spring 2018 #25
by meowyadoin ·Part a & b is really confusing to me. It's not mentioned in Wiki. I can't find it anywhere besides this exam. Could you let me know where I can find the orginal source where those 2 questions… -
fall 2018 #23b
by nkekar ·fall 2018 #23b -
2014 Fall #23b
by zporiri ·The examiner reports says that the specific years during which the adverse development were over 5% need to be explicitly stated. I feel like I've done a lot of these problems from past exams and the… -
Spring 2016 #24 - Risk Factors for Personal
by marquaty ·part c of this question asks us to identify 4 risk factors AA might consider when preparing SAO for a personal lines carrier. The examiner's report lists a common mistake as including "impact o… -
Spring 2016 #25 part B
by mec06e ·in the COPLFR.SAO article there is the following statement: -
battle cards seem to be contradicting each other
by mec06e ·1 - battle card "(T/F) in an economic downturn, a shift to lower credit scores causes higher premiums for everyone" -
Spring 2019 #21 a.
by Owarnock ·The question asks you to identify four items form the table that must be included in Exhibit A of the SAO. In Mr smith's example, there is also a Premium Reserves section. If the table has included d… -
Fall 2018 #22 b
by Owarnock ·When looking at risk of material adverse deviation, do we focus solely on net reserves? Or do we also apply the materiality standard of 50% * 7000 = 3,500 to the direct and assumed reserves (e.g. doe… -
Fall 2018 #2 - SCOPE Section
by marquaty ·In this exam question, we need to give examples of errors / omissions from the provided SCOPE statement. The examiner's report mentions that a common error was suggesting "the basis of reserves… -
2016 Fall #21
by zporiri ·I did not know that the reinsurance described in this question counts as retroactive. Is a LPT a type of retroactive reinsurance, and if so, where can I learn more about them? -
Fall 2015 #25 a
by Owarnock ·The question is to identify four items the actuary should disclose in the SCOPE paragraph. In the sample answers, Intercompany pooling is not included. Would that have been counted as incorrect? If s… -
2017 fall #27 a
by meowyadoin ·Could you explain how you get 300000 for reserve commuted? Thx -
2016 Spring #26
by mnrber ·For this example, why doesn't the Reinsurance Recoverable from Contract #2 get added to the Credit Risk Charge for Non-Invested Assets as "amts receivable relating to uninsured plans"?