why are we adding dividends when calculating the 2015 equity?

Fall 2015 #2 part b): The case was based on the federal government believing that provincial insurers had to be

The question states that "Assume that the MCT total uncapped operational risk margin is less than 30% of the sum of asset and insurance risk"

The battle card says that actuary ceases to be AA "when the person ceases to be an actuary (Ex: FCIA designation revoked due to disciplinary action)" but in the CAS answer key, it says the …

For the insurance return to net EP, in the wiki the top of the equation says UW income - cap gains + inv income (from UW income) . How come it the solutions, cap gains was not subtracted like this:…

When reading the question, I wasn't sure what they meant by "focus". It seems like a large definition when looking at the possible answers.

For letter a), we need to add some margin for excess growth. I'm not sure how to get the same amount than in the report. Actually there is two elements I don't understand. Unfortunately this part of …

Let's say we use Option #2, but with today's limits. Would it be something like that?

About the calculation of the Adjusted Investment Yield, the Invstment Income provided is for year 2011 and 2012. Is it the sum of 2011 and 2012 or we assume that it's 20K for both years, so total of …

I notice that in the example #2, it says that the cap of $4000 for non-pecuniary damage related to soft-tissue injuries in car accident was struck down in 2008. However, I remember that in Morrow v. Z

Concerning the treatment of the Profit Commission, I'm not sure I understand the reasoning behind the answer.

I don't think this question intro is very clear. Maybe "...interactive rating IS an independent assessment of an insurer's ability to pay..." instead? Or two sentences. There are some typos…

Can anyone explain why the $30 is not amortized over the coverage period? Is this only applicable to directly attributable (as a rule of thumb)?

I'm a bit confused about the (b): use its own assets to derive this discount curve.

When they calculate equity in the examiner report, they take year-end 2016 equity and work backwards to 2015 equity using 2015 net income, OCI, and dividends. I thought we normally take:

If I were to calculate Net Income = ISR + NIR + OIE - Taxes + Discontinued Operations, how does it translate to the items provided in this example?

battle cards #24, which country uses insurance as government role?

This may be out of the syllabus but does the judicial decision in this case the same one as Morrow v Zhang case? They both talked about the 4k cap on minor injuries

#2:

Here is the link to the battlecards