exam6again

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exam6again
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  • Q25 vs. Q11, if the payment pattern is for the expected future cash flows, then we are directly use the ratio? i am a bit confused to when we can directly multiply the ratio and when to calculate like the way in Q25
    in CAS Sample Q25 - payment pattern Comment by exam6again April 19
  • is LR = losses/EP? why we use ELR*Direct Unearned Premium net of cancellations to get the losses? why Direct Unearned Premium?
    in Question 17 Clarification Comment by exam6again April 13
  • what is this calculating?
    in Q13 Comment by exam6again March 15
  • why we use the weighted average from undiversified CTE?
    in Sample 9 Comment by exam6again March 12
  • The company's operating target corresponds to a 200% Minimum Capital Test (MCT) ratio, why we want 2MinCapReq instead of 2CapAv/MinCapReq?
    in sample-20 Comment by exam6again February 14
  • why 1.5 * Cap Req?
    in sample-20 Comment by exam6again February 14
  • why 2 * (CapAV/(1.5 * CapReq))? should it be 2 * [CapAV/(CapReq/1.5)] which is 2 * (CapAV/CapReq1.5)? which is 3(CapAV/CapReq)
    in sample-20 Comment by exam6again February 14
  • are they not the same? CapAv / CapReq * 1.5 vs.1.5 * CapAv/ CapReq maybe i should write (CapAv / CapReq) * 1.5like this, but then 2 * (CapAv / CapReq) * 1.5) is still 3 * (CapAv / CapReq), i still got divide by 3 instead
    in sample-20 Comment by exam6again February 14
  • where does it show that "removing the premiums received but not the directly attributable acquisition expenses"
    in sample-22 Comment by exam6again February 6
  • "2250 if following the CAS method", it isn't 2500 for CAS method? i get more confused now. In short, can I use 2500-250 which is 2250 for the LRC using PAA at initial recognition like above Alice's example?
    in sample-22 Comment by exam6again February 5
  • is it because we are calculating the CSM here, so we can't use PAA at initial recognition? @graham
    in sample-22 Comment by exam6again February 5
  • Please read what you comment at the bottom of the IFRS17 sample question, you got LRC is 2500 in the equation but 2250 in the comment, so 2250 or 2500?
    in sample-22 Comment by exam6again February 5
  • MCT Ratio = CapAv/minCapReq = CapAv/(CapReq/1.5) = CapAv/CapReq1.5, so 200% Minimum Capital Test (MCT) ratio, would it be CapAv/CapReq1.52 which is CapAv/CapReq3, why are we not dividing by 3 but dividing by 1.5 then multiply it by 2?
    in IFRS17 sample-20 Comment by exam6again February 4
  • due to mid-term cancellations, should the subtraction DUP*adjustment for cancellation instead?
    in sample-17 Comment by exam6again February 3