graham
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If they are marked as outdated then you can ignore them. I kept them within the system to maintain a complete record of past exam questions. The Exam 6-Canada material has changed significantly over the past several years which is why you see so man…
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P.S. The page numbers in the Odomirok text depend on which version you've got. The CAS published 2 versions, one has 450 pages and the other has 500 pages. They are identical except that the font in the first one is a little smaller and so takes few…
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Got it, thx! I've linked to your hint from the wiki.
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I have linked to your hint from the wiki. Thx!
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Awesome!
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There is a wiki page that highlights the changes. The link is in the side bar under "Syllabus Changes". Here's a direct link: * https://battleactsmain.ca/wiki6c/Returning_Users_6C
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Yes, we already have quite a number of multiple choice problems for OSFI.MemoAA, and we already had fill-in-the-blank problems since those are just our normal randomized interactive problems. We also already had matching-type problems for CCIR.In…
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Yes, this information is provided on the Syllabus Changes wiki page here: * https://battleactsmain.ca/wiki6c/Returning_Users_6C And there's a direct link under the Study Material section of the home page after you login (2nd link from the b…
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The CAS reading on MSA ratios is supposed to be updated and will likely change significantly but the official syllabus is not yet available for the 2024-Fall exam. Also, the MSA Ratios reading is part of the print-only study kit (not available onlin…
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Apologies, this was left over from last year when the ranking table listed the readings in order of how frequently they were asked in the past. This is no longer possible since exams aren't released anymore and the syllabus has changed significantly…
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I've added JC in the reference from the wiki!
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Ok, got it. I have linked to this discussion from the FSCO.664 wiki article. Thx.
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Sorry for being slow on the uptake but I still don't know which specific exam question you asking about.
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Here's a very brief description of what is meant: * No Deferral in Explicit Valuation but Deferral if UEP - DAC is Held: This means for some insurance contracts, costs to acquire them can't be delayed in accounting (no deferral), but for others…
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The Alberta GRID programme is no longer on the syllabus. There was a reading devoted entirely to GRID but it has been removed. But to answer your question: The Alberta GRID (Grid Rating Indicator for Drivers) program is essentially the province's…
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I'm not 100% what you're looking for here but below is a list of the deductions and additions for MCT capital available. These guidelines aim to ensure that insurers maintain a buffer of high-quality capital that is readily available to absorb lo…
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Which question on that exam are you referring to?
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Sorry, I'm not sure I follow. The exam question 2015-Fall-Q2 is from McDonald, B.R., Life Insurance Laws of Canada and I don't believe it's outdated: * https://battleactsmain.ca/wiki6c/McD.Intro
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My guess is that this reading is decreasing in importance with every passing year since IFRS 17 was introduced. During the transition, it may have been necessary to understand both the old and new accounting standards but as IFRS17 becomes integrate…
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In the example you included, that is what happened. We had assets < liabilities but the base scenario passed. Keep in mind that this is just an example generated randomly. It may be unlikely to happen in a real analysis. The assets, liabilitie…
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This question is taken directly from the reading: The idea is that the AA gives a qualified opinion that everything is fine, but that is conditional on receiving an unqualified opinion from the auditor. If the auditor does not eventually provide …
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The derivation of the 1.1 factor isn't explained in the source text but you can think of it as a way of being more conservative. The 1.1 factor increases the required margin by 10%.
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Update: The formula has been amended to include the 1.1 factor.
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Thanks, we will make that correction. (The factor of 1.1 in that particular formula was new for the most recent syllabus and we forgot to change it in that spot.)
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Nice! I have inserted a link to your hint in the wiki. Click here to see where the link is: * https://battleactsmain.ca/wiki6c/IAA.Climate#CatastropheModelHint
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Note on downloading Excel files: You may have to clear your cache to ensure you get the latest version.
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Also, the syllabus reading was written in 2008 so if there have been changes in FA operation since then, the syllabus reading would be out of date compared to information on the website.
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No, your interpretation is not quite correct. RSPs do no operate in the territories.
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Excel versions have been added to the Excel Practice wiki page here: * https://battleactsmain.ca/wiki6c/Excel_Practice_Problems#List_of_Problem_Types
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The source text (available only in the study kit and not online) says the threshold is 500%. I checked the 2018 version of the source text and it is 500% there also. It appears the sample solutions are in error in using 400% although the final concl…