Staff_J1
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It should already be available - under mini BattleQuiz 2.Thanks!
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1) Without recent exams and not many prior exam questions to work with, yes I would think so! Also, I think if there is stuff to work with from the question such that you can calculate IndemRt (based on AP, GP, etc), I would say calculate it but als…
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This article of OSFI Corporate Governance is a part of the syllabus (seem to be very very similair). But only Section V and Annex B https://www.casact.org/sites/default/files/2021-03/6C_OSFI_Corporate_Governance.pdf
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While the two can be similar, and you are right that the source does indicate that senior management does perform those takes, but if you also look at the article below (which is referenced in the EQK article), you can see that the BoD also does hav…
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Hello, Not sure if I am looking at the same problem as you. Is the example 2 referring to the excel file Problem 2 or the example 2 in the wiki? Not sure I am matching up with the numbers up top. However, yes whether its to calculate the recovery…
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As mentioned, the question 4 is not correct right now, so that might be the source of your confusion, once corrected, it might make more sense. But to highlight in this case, how are you calculating the UEP? We do not have a policy effective date? …
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Ah got it! Ya agree with you there, will take this back to correct. Thanks for spotting this!
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Some things I can think of are... * If it is a quantitive ask, refer to Freihaut * If mentions anything for self-evident, I personally refer to the CIA paper first * Try to pick up on hints (does it mention/ask for the principles, etc) Ov…
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Thank you for the spot on this - Do agree that the expectations in the Battlecards are not the qualifications. For the qualifications, yes I feel the new version of the source does not have this as well! Just for the part on the peer reviewer,…
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Ah good spot, thank you!
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I think the Battlecard just has been broken out in this fashion (into 7 and 8 due to the exam question asking 2 mini questions within one) and hence just says asks for concept of risk transfer but yes, it is true the answer and true question from th…
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Sorry for the confusion, but could you clarify on the "one of the questions here", do you mean from the forum link I sent above? Thanks!
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Yes, I do think so! Taking a look at the below from the source material, it should be 425,000 for Automobile it seems and 530,000 for Homeowner. Thanks for spotting that!
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I think this actually just might be an error in the MC questions! As you have selected, the answer should be C and it can be found in page 26 (point 19) of the source text!
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From my understanding there is FARM in AB. The above comment could be relating to just potentially PPV policies however. @Staff-T1 would you just be able to clarify your statement above? Thank you!
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Payroll tax - A more "specific" tax and think of this as the tax you/your employer pays on your wages for specific insurance or social programs (Workers Comp, Health Care, EI, etc) General tax revenue - This is the broad aspect of tax in society (s…
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Ah got it. Good point on that, we will see what we can do and let you know - Thanks for bringing this up!
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Similar comment as your other posts, but not 100% sure on what the question is or the context and where its from just based on your screenshot provided but the above comment is referring to the P&C Memorandum to the AA article, and from that art…
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Not sure exactly what the question here is.. Are you asking if you can use FSCO.TechNotes article to answer the highlighted portion of "items to include in a major filing to support new pricing model"? I am not entirely sure on what was asked on …
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Find answers below! Just wanted to ask, where are you pulling the screenshots/comments from? Thanks! 1. Risk-rating a model is to “assess how risky a model is so that the amount of work done to choose, validate, and document a model may be appropri…
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I wouldn't spend too much time on this piece, but my understanding is.. Individual underwriters were historical treated as insurers (i.e Llyod's of London) because each assumes personal liability for the portion of risk they underwrite. This makes …
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Should be updated, please take a look and let us know! Thanks!
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This is quite a broad question, so will try and answer to the best of context. Basically, considerations of input data is the following: Sufficiency: -Do the data meet the requirements of the model specification? -If the model will be used repea…
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Good spot. Just double checked with the syllabus and yes, Chapter 28 no longer on the syllabus!
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I believe, it should be the exam that is correct (if labelled outdated somewhere, but isn't somewhere else, it still probably means it is outdated). We will double check and get back to you by the end of the week - Thanks!
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Ah gotcha, let me double check to see if an excel file exists. Will get back to you shortly!
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I believe the file has yet to be changed. If I am understanding properly, Q4-6 have to be changed (the questions have to change to match the solutions - the solutions have the right numbers). With this correction, I think your question regarding #6 …
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When you enter the BattleActs homepage, you will see unders "Study Material", "Excel Practice Exam & Problems" (the 3rd item in the list). Here you can find the Excel file for the Odo.FinReg. Let me know if these are not the ones you are looking…