Difference between revisions of "Odomirok.18-IEE"

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Based on past exams, the '''main things''' you need to know ''(in rough order of importance)'' are:
 
Based on past exams, the '''main things''' you need to know ''(in rough order of importance)'' are:
  
* <span style="color: green;">'''surplus allocation'''</span> - ''calculating the value/ratio, explaining & evaluating the method''
+
* <span style="color: green;">'''surplus allocation'''</span> - ''calculate the surplus value/ratio, explain & <u>evaluate</u> the method''
* <span style="color: blue;">'''investment gain'''</span> - ''calculating the value/ratio''
+
* <span style="color: blue;">'''investment gain'''</span> - ''calculating the investment gain value/ratio''
 
* miscellaneous IEE topics - ''impact on stakeholders, profit (loss), prepaid expenses, capital gains, comparison to UIE (U/W & Investment Exhibit)''
 
* miscellaneous IEE topics - ''impact on stakeholders, profit (loss), prepaid expenses, capital gains, comparison to UIE (U/W & Investment Exhibit)''
  
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| [https://www.battleacts6us.ca/pdf/Exam_(2015_2-Fall)/(2015_2-Fall)_(13).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2015.Fall #13)'''</span>
 
| [https://www.battleacts6us.ca/pdf/Exam_(2015_2-Fall)/(2015_2-Fall)_(13).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2015.Fall #13)'''</span>
 
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - calculate value
 
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - calculate value
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - evaluate method
+
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - <u>evaluate</u> method
 
| style="background-color: lightgrey" |
 
| style="background-color: lightgrey" |
 
| style="background-color: lightgrey" |
 
| style="background-color: lightgrey" |
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|-
 
|-
 
| [https://www.battleacts6us.ca/pdf/Exam_(2015_1-Spring)/(2015_1-Spring)_(13).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2015.Spring #13)'''</span>
 
| [https://www.battleacts6us.ca/pdf/Exam_(2015_1-Spring)/(2015_1-Spring)_(13).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2015.Spring #13)'''</span>
|| '''pre-tex profit (loss)''': <br> - calculate ratio to surplus
+
|| '''pre-tax profit (loss)''': <br> - calculate ratio to surplus
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - evaluate method
+
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - <u>evaluate</u> method
 
| style="background-color: lightgrey" |
 
| style="background-color: lightgrey" |
 
| style="background-color: lightgrey" |
 
| style="background-color: lightgrey" |
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| [https://www.battleacts6us.ca/pdf/Exam_(2014_1-Spring)/(2014_1-Spring)_(13).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2014.Spring #13)'''</span>
 
| [https://www.battleacts6us.ca/pdf/Exam_(2014_1-Spring)/(2014_1-Spring)_(13).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2014.Spring #13)'''</span>
 
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - calculate value
 
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - calculate value
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - evaluate method
+
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - <u>evaluate</u> method
 
|| '''IEE vs Page 14''': <br> - presentation of data
 
|| '''IEE vs Page 14''': <br> - presentation of data
 
| style="background-color: lightgrey" |
 
| style="background-color: lightgrey" |
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| [https://www.battleacts6us.ca/pdf/Exam_(2013_2-Fall)/(2013_2-Fall)_(15).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2013.Fall #15)'''</span>
 
| [https://www.battleacts6us.ca/pdf/Exam_(2013_2-Fall)/(2013_2-Fall)_(15).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style="color: red;">'''(2013.Fall #15)'''</span>
 
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - explain method
 
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - explain method
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - evaluate method
+
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - <u>evaluate</u> method
 
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - propose new method
 
|| <span style="color: green;">'''surplus allocation:'''</span> <br> - propose new method
 
|| '''IEE ''(commercial)''''': <br> - impact on stakeholders
 
|| '''IEE ''(commercial)''''': <br> - impact on stakeholders
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|| '''IEE profit (loss)''': <br> - calculate
 
|| '''IEE profit (loss)''': <br> - calculate
 
|| '''IEE profit (loss)''': <br> - how is it used
 
|| '''IEE profit (loss)''': <br> - how is it used
|| '''rate adequacy''': - <br> - based on IEE
+
|| '''rate adequacy''': <br> - based on IEE
 
| style="background-color: lightgrey" |
 
| style="background-color: lightgrey" |
  

Revision as of 00:55, 13 February 2019

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Based on past exams, the main things you need to know (in rough order of importance) are:

  • surplus allocation - calculate the surplus value/ratio, explain & evaluate the method
  • investment gain - calculating the investment gain value/ratio
  • miscellaneous IEE topics - impact on stakeholders, profit (loss), prepaid expenses, capital gains, comparison to UIE (U/W & Investment Exhibit)
reference part (a) part (b) part (c) part (d)
E (2017.Spring #11) investment gain:
- calculate value
surplus allocation:
- impact of exposure shift
E (2016.Fall #10) investment gain:
- calculate ratio
surplus allocation:
- calculate ratio
IEE (commercial):
- impact on stakeholders
E (2016.Spring #11) investment gain:
- calculate value
prepaid expenses:
- treatment of
E (2015.Fall #13) surplus allocation:
- calculate value
surplus allocation:
- evaluate method
E (2015.Spring #13) pre-tax profit (loss):
- calculate ratio to surplus
surplus allocation:
- evaluate method
E (2014.Fall #11) see Odomirok.8-9-IS IEE vs UIE:
- 2 differences
unrealized capital gains:
- exclude from tot. inv. gain
surplus allocation:
- IEE vs ratemaking
E (2014.Spring #13) surplus allocation:
- calculate value
surplus allocation:
- evaluate method
IEE vs Page 14:
- presentation of data
E (2013.Fall #15) surplus allocation:
- explain method
surplus allocation:
- evaluate method
surplus allocation:
- propose new method
IEE (commercial):
- impact on stakeholders
E (2012.Fall #17) IEE profit (loss):
- calculate
IEE profit (loss):
- how is it used
rate adequacy:
- based on IEE

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In Plain English!

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Memorize:


Conceptual:


Calculational:

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