Separate names with a comma.
Again, no strict definition. For example, some take it to mean increase in both frequency and severity, some just severity. So again, just say...
There's no strict definition, Jun. Many practitioners take trending to mean adjusting solely for claims inflation, but others interpret it to...
These two years were a smaller series of webinars due to Covid. Back to normal this year.
Hi Pooja This is also in the SP7 notes - see https://www.acted.co.uk/forums/index.php?threads/sp7-upr-question-on-page-13-of-notes.16390/ The...
No: When you do a triangulation, you're always going to end up with the same ultimates regardless of the cohort used (think about it, if I gave...
Yes, see Chapter 12 page 35.
Hi Padasala The tax rules on equalisation rules have changed since this exam was written. Transfers to/from are no longer relevant for tax...
Actually, Mavvj is correct! And yes, there have been plenty of past questions asking for a specific number of something.
that's correct, mgh. Ian
No reason why not, reinsurance calcs are pretty common in both SP7 and SP8 exams, and the SA3 syllabus is no more demanding in terms of the...
It's only like this because of the wording of the question (normal commissions are normally expressed as a percentage of the ceded premium). Your...
Maybe a clue on the year and sitting, Ed? :)
Hi Trevor If the IFoA have asked you to use 2.0 line spacing, then I would use 2.0 line spacing. I very much doubt you'd get penalised for doing...
Hi Smith, This is another question that's fully covered in ASET (2014-2017 papers). You may save some frustration with all these recent questions...
Hi Trevor You'll see in more recent papers that the expected word count is no longer given. You can of course still lose marks for excluding...
