felixc5

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felixc5
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  • If there is a question providing the individual FCF components as well as the LRC excl LC and asking us to evaluate whether the contract is onerous or not, which version of the formula should we use? or would it not matter as long as we use one of t…
    in Formula for FCF Comment by felixc5 May 2022
  • Thanks for the discussion! and for the screenshot of the table AnLaPe, that helped me understand it better (I guess i should have tried it out myself!)
    in Calculation of LRC under PAA Comment by felixc5 April 2022
  • I believe what they are referring to is in the question when calculating total income, you have to calculate the UI and II, for UI premiums and losses ceded are removed to get the NEP and net loss which is fine. But when calculating the II the ex…
    in Fall 2019 Q16 Comment by felixc5 April 2022
  • thanks and also reviewing the wiki, i noticed that under the scenario thresholds for base and going concern scenario it is described as insurer meets its internal target capital ratio(s) as determined by the ORSA but the wiki uses >…
    in Assessing financial condition Comment by felixc5 April 2022
  • for PE 2 Q6, i recall reading that prejudgement interest is no longer on the syllabus can someone please confirm?
    in Comments regarding practice exam 1 Comment by felixc5 April 2022
  • Thanks, that's what is confusing me because conceptually i didn't think LRC could be < 0 but when i follow with the excel worksheet in the wiki for this problem if i think about a 2 year policy like the above example with $500 paid each yea…
    in Calculation of LRC under PAA Comment by felixc5 April 2022
  • Also, i don't recall any mention of it but i wanted to confirm if LRC can be negative? Based on this description of the calculation at subsequent measurement in the IFRS17-LRC for the example linked above... if i have a * 2 year contrac…
    in Calculation of LRC under PAA Comment by felixc5 April 2022
  • pools by their very nature would have undercharged risks (you wouldn't ceded profitable business so share with your competitors) so the focus isn't on whether the risk is undercharged but rather why it is undercharged * GRID - undercharged due …
    in AB Grid and Non-Grid Comment by felixc5 April 2022
  • Another way to solve this is to determine the premium change for each territory and the capped premium change, then allocate the excess of the cap to another territory. You'll then have the target proposed premiums to calculate the territory differe…
    in 2019 Spring 4a Comment by felixc5 April 2022