The solution in the examiner's report does not subtract CapAv by deduct(UnregRe). For XYZ reinsurer, we get deduct(Unreg Re) = 350, but they still use CapAv = 80000 in the final calculation of MCT instead of 79650, please advise.
Hi,
I think the examiner comments noted that the capital available was already given. I guess the CAS assumes if they give you Capital Available it will be the final capital available after adjustments, although I agree it is ambiguous.
Comments
Hi,
I think the examiner comments noted that the capital available was already given. I guess the CAS assumes if they give you Capital Available it will be the final capital available after adjustments, although I agree it is ambiguous.