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Thanks Sarah. For Sep 2021 paper 1, both IFOA and ASET solution lists very detailed parameters including values. Why we need to do this? In...
Hi Sarah, I have a few questions relating to the model solution s/s. On Projection_30 hours sheet, both cell B1 and B2 has adjusted from the...
A similar question: if we think a table can better describe a list of parameters, and we add that table into the Parameters section in the audit...
I was confused about this earlier. I think the we should use the probability of 5% rather than 95% (which is extremely high) in paper 2 for...
Hi Mark, thanks for your explaining. I have some further questions: 1- for TA, an insurer faces more mortality but still some investment risk....
Can I clarify my understanding of EV calculation for with-profits business in part (ii). Is there a conflict between PV of future shareholder...
Hi Mark, May I clarify this one. As EV calculation has two components. a) PV of future profits on existing insurance business. I consider this...
Hi Mark, I have a question about the solution relating to lapse in (i). The extent of the profit arising will depend upon the reserving basis...
Hi Colin, The solution shows a formula d=r + ERP + g(real div growth) Can you please explain how this formula is derived? CA1 has a similar...