C
craufujy
Member
Hi
I have a few queries from the tutorial question pack I was hoping someone could answer:
Qu18- could you explain why deterministic or stochastic modelling shoule be used? There were a examples where I didn't understand why one method was chosen and not the other.
Qu11- why does the pp AS depend on whether a profit or loss is made on a surrender? I thought the numerator for the pp AS was the same as the cohort formula and this is not mentioned in the cohort explanations.
Qu13- why is negative inflation a problem? Is it due to marketing risk/ not obtaining a real return? Also, why is there a marketing risk for UL annuities?
I have a few queries from the tutorial question pack I was hoping someone could answer:
Qu18- could you explain why deterministic or stochastic modelling shoule be used? There were a examples where I didn't understand why one method was chosen and not the other.
Qu11- why does the pp AS depend on whether a profit or loss is made on a surrender? I thought the numerator for the pp AS was the same as the cohort formula and this is not mentioned in the cohort explanations.
Qu13- why is negative inflation a problem? Is it due to marketing risk/ not obtaining a real return? Also, why is there a marketing risk for UL annuities?