-
2018 Spring #11
by Buttons333 ·I had included the removal of salvage and subro from my calculation, which was incorrect. Why is that? There is no mention that it is already removed and it is my understanding that Sch P can be net … -
Items in Balance Sheet-S&S
by arch1892 ·I wanted to confirm that in Spring 2016, #15, the loss amounts are net of S&S in schedule P, correct? So for that specific question, S&S treatment wouldn't have been different between -
Practice Exam 2 #17 and #22
by CK1 ·For Question #17d, is the question faulty? I think it is missing an actual question. -
Spring 2016 #14
by charles7276 ·The examiner's report includes "miscellaneous balances payable" as part of the total collateral. How would we know that it's a payable related to reinsurance and not some other creditor? -
GAAP Treatment of Discounting Loss Reserves
by jimmynguyen9 ·Going back to 2019 Spring #17, since one answer says "GAAP: Discounting of Loss Reserves is common", would this contradict the BattleAct notes of "no discounting except in certain cases -
Parts used for Reserve Adequacy
by AdamDougall ·But e.g. 2018 F#13 give lots of other methods: -
Items in Balance Sheet-S&S
by Stowesam ·Just to clarify…I know Fall2018 #19c does NOT include salvage and subrogation but Spring2016 #15c does list it as a BS item. So is there an error in one of the exam notes? -
Direct Charge to Surplus: Changes in deferred income tax
by graham ·I used sample answer #1 in creating the web-based problem in Battle Card 34. If this comes up again on the exam, either approach should be acceptable. -
Direct Charge to Surplus: Changes in deferred income tax
by gk2024 ·in 2017 fall #10 i see answer sample 1 adding in the change in deferred income tax "+(28-24)" and sample 2 subtracting the change in deferred income tax "-(28-24)". Also, the battl -
Spring 2017 #19b
by bluewind1492 ·Hi, -
Battle Card 17#16 ACC Calculation
by amberxmc ·I am confused about which column is applied with RBC factor to get ACC. From my understanding is based on sorted top 10 total assets, I only pick first 10 from R1(column 1) to get R1 ACC, only pick fi -
Fall 2016 Q13
by jasonchw ·It seems that Alice solution to 2016.Fall #13 (the Odomirok.Ch14_(16F.13)_v5.pdf) has mixed up reinsurer A and B. -
Direct Charge to Surplus: Changes in deferred income tax
by jasonchw ·If "deferred income tax" is a liability, why increase of net deferred income tax would mean an increase in surplus? (2017.Fall #10) -
negative RBC charge
by jasonchw ·Thanks. To clarify, even there is a -ve value for R5 like the question 2 in "4 practice problems like 2014.Fall #18", i should set it to 0 before further proceeding, right? -
negative RBC charge
by jasonchw ·In the 4 practice problems like 2014.Fall #18, the 2nd question contains negative charge which was mentioned in the note should be set to 0 before combing. -
Relevant Comments Mnemonic
by charles7276 ·I'm a little confused on this point. One of the disclosures in Relevant Comments is covering the items 8-14 of Exhibit B (item #3). One of those items (#13) is long duration contract reserves. Why the -
Practice Exam #19
by lkto22 ·Hi for b) is "relevant comments" a legit answer? b/c it discussed "discounting", "anticipated S&S" and "material changes in reserving assumption? Thanks -
Practice Exam 2 - #10
by lkto22 ·for part c, why are the ratio trending down? if you look at the 12-mo evaluation point, there is no change. Thanks -
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…