• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Recent content by Bharti Singla

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    Reverse Mortgage Insurance

    Hi, there is a question on reverse mortgage insurance in the IAI past papers but I am not able to find anything on it in the core reading. Could anyone please explain what is reverse mortgage and how it works, customer needs and risks? Or maybe give a reference to where I can read about this...
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    Expense risk in deferred annuities

    Hi, I have read it somewhere,for a participating deferred annuity: "Given the participating nature of the contract during deferment period, any expenses risk (i.e. higher than expected) would be contained during deferment period. What does it mean by 'contained during the deferment period' ?
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    Impact of 'Earned investment returns on assets' on NAV

    This is a question from IAI paper. Thanks for explaining!
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    Impact of 'Earned investment returns on assets' on NAV

    IAI Sept 2016 Q1 (ii) ii) Describe the key risk factors that would affect the change in net asset value over a one year period; and how would the impact of each of these factors vary between net asset value measured on the basis of statutory and realistic balance sheets respectively. Ans...
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    Study buddy for SA2

    Hi, Anyone interested to connect for SA2 study for IAI November 2023?
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    SA7 without SP5?

    Thanks Colin, appreciate it!
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    SA7 without SP5?

    Hi, I am working in Life insurance for the past 4 years and specialised in SP2. I am considering SA7 as my fellowship exam but I haven't studied SP5. How challenging is that to appear for SA7 without any knowledge of SP5? I will be appearing for it in November 2023 from IAI. How do I maximize...
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    Study buddy

    Anyone appearing from IAI?
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    Study buddy for SA2 IAI

    IAI is Institute of Actuaries of India
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    Study buddy for SA2 IAI

    Hi, anyone interested in studying together for SA2 from IAI May 2023 attempt. Please DM. Thanks!
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    SA2 from IAI

    Hi all, Could anyone please guide on which chapters to study from the SA2 core reading for appearing from IAI? If anyone interested for group study for SA2 from IAI May 2023, let me know! Thanks
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    CM2 - ch12 section 3.7

    Thanks Alvin!
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    Studying CM2 from IAI

    Hi all, Is there anyone appearing for CM2 for December 2022 exam diet of IAI want to connect for group study? Please feel free to DM(Only IAI Please!!). Thanks!
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    CM2 - ch12 section 3.7

    There is a table in this section showing the effects of changing in the value of an American put option due to increase in the given five factors. I am just trying to expand this to include the call option as well. Could anyone please suggest if my answer is correct? Factor - Put option/Call...
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    CM2 - Sept 2014 Q2

    Thanks for explaining Alvin. I got your point. But I am just thinking is there any possibility where we can give a simple answer by just looking at the mean and variance(without doing any calculations as you did) maybe if the two assets were not correlated ?
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