oxalis
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Hi Graham, I am also confused by the 'judicial decision' case as for why it would make the entity different before the calc date, how do we know if the decision is going to be applied on all open claims or only claims occurring after Feb 8. if it…
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May I know if this correctly summarizes the 7th case? Facts: • event: mid-Jan • actuary became aware: Feb 5th • subsequent event? yes, actuary became aware after CalcDt (12/31) & before RptDt (after Feb 5th) Branch: middle Acti…
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Thank you Graham for the detailed explanation! As for my question for: do we need to memorize the event dates in the battle cards? I meant the dates for the example cases, for example in the ice storm case, we have Jan 5th as the event date, Dec…
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Hi, How do we know here the invested assets is the unpaid claims and adj? I thought the definition for invested assets = Cash + (Bonds & Debentures) + (Common Shares) + (Real Estate) thank you
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Hi, I'm not sure how the reinstatement premium provision for reinsurance works, we are told: treaty has a mandatory reinstatement premium provision, with the reinstatement premium due once the treaty attachment is reached on a paid basis. So my u…
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Hi, I might be overthinking on this, but in the formula uw income + investment income - cap gains + income from subsidiaries, cap gain would include realized and unrealized gain right? here we subtracted realized gain, but for the unrealized, is…
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Thank you so much for the thorough explanation, and especially for linking to another relevant question!
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Is question a) still on the syllabus?
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That answers perfectly my questions, thank you so much!
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Hi, I don't quite understand how the government underwrite flood policies as well as the private insurers? based on the battlecards, private insurers write and service policies, does that mean an insured can purchase flood coverage from the gover…
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Hi, Is CIA.Discnt still a valid reading? I see it on the syllabus but not on the BA ranking table, however it's still in the BA by alphabetical order table Thanks
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I second Tony88pass question, Q a) seems to be talking about the contingent lawyer fee which is not part of the reform.
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Shall the last item be part of the federal exclusive authority too? * regulation of trade & commerce * taxation * banking * bankruptcy & insolvency * aliens & naturalization * criminal law * residual power to make laws for pea…