Not a question but just letting you know that the PACICC papers (#13 and #24) in the ranking table should just have the wiki articles flipped. KPMG is under section B and the other PACICC paper is und

There's a typo in the formula displayed for BCAR in the sample answer.

1) Income in the numerator of ROE should always be post tax. In #25 F2017, there was no way to know how much income tax should be charged which is why that is fine.

1) How would one accurately know whether income is post-tax/pre-tax? 17F#25 (the word net isn't used either, but no tax removed)

In the MSA notes, there is a comment mentioning an error with the S2017 examiners report regarding the inclusion of cash in invested assets, "(There is an error in the examiner's report solution.

net UW leverage - does that not include net liabilities? does net leverage include it?

why are we subtracting 80000 to calc NWP? doesnt direct + assumed imply its net?

I had the same question that was asked and answered above regarding the discount years starting at 1 for column 7. I'll provide an example (Odo practice problem #2a in the commutation random problems)

In the wiki article, the statement regarding PAA is as follows:

The definition of social inflation can be found in 2017.Fall #22 b), 2015.Spring #29 c).

case #2 GMM used: B=5,900

Hi T1, I've read that post before I start this new discussion. In your answer, the "expense" is a bit ambiguous. In the point #2 of your answer, the "expense" in the second bullet

I'm trying to calculate the LRC and CSM at initial recognition but I obtain LRC = 0 instead of 2500 which is the correct answer. Could you please help me understand the issue with my calculation?

Hi, what does "b.i" refer to?

So in Q8, since we decide to group #1 and #2 together, we would have to use GMA for both. If we decide to use PAA for #1, then they have to be group separately?

In Q8, #1 is eligible for PAA but #2 is not, is the reason they are grouped together because we want the "fewest" group possible?

I'm not sure but I think #2 are just quantitative methods listed to measure/calculate what's listed in #1

* (2013.Fall #21) - part (b)

* In sample 8, they say "Group #1 and #2 do not have coverage difference of more than one year => Combine". Are they assuming they both start within 1 year from each other?

It says that Group #2: Combine old group #3 & #5 into new Group #2