Error Battle Cards
I think there is an error in the answer of battle card 9 of quiz 2. Instead of defining the role of senior management, it lists the factors to consider when setting risk appetite.
There is also an error in Battle quiz 3, card 5:
Says the 2 most important concepts are :
Interpretability:
• Understanding model mechanics & soundness
Governance & Risk Management Explainability:
• Conveying results to stakeholders
Comments
Yes you are right - I am going to fix them
A question regarding the pop question.. Whats the difference between a major filing and a full filine. In FSCO.PPA, it says "If the insurer makes significant changes to rates or the risk classification system, they must do a full filing.", so that was in my mind when answering the pop question. Would this be a qrong answer?
I believe this is fixed now, right @Staff-T1?
Yes, you can use major and full interchangeably. I used the word major because that's what it states in the paper. I only do filings in Alberta so I'm not sure what is more common with folk in Ontario with regards to what they call their filings
Yes @graham