Recent Content by Mark Willder

  1. Mark Willder
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    Purchase Price if one Company is buying another Company

    Hi Mansi There are two different approaches here to valuing the business for purchase: one for short-term business and one for long-term...
    Post by: Mark Willder, Apr 17, 2024 in forum: SP1
  2. Mark Willder
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    Exam technique and writing points

    Hi Nikki We need to take each question on its merits. So what works for one question won't necessarily work for another in terms of the detail we...
    Post by: Mark Willder, Apr 15, 2024 in forum: SP1
  3. Mark Willder
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    SP2 Acronyms list

    Hi Wong The acronyms are the intellectual property of Institute and Faculty Education and are not for distribution the Forum. Best wishes Mark
    Post by: Mark Willder, Apr 9, 2024 in forum: SP2
  4. Mark Willder
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    Chapter 26 Question 26.2

    Hi George I agree that one of the advantages of underwriting is that it discourages applications from unhealthy people. But the question is...
    Post by: Mark Willder, Apr 6, 2024 in forum: SP2
  5. Mark Willder
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    Assignment X3 Q1

    Hi Yao The policyholder buys at the offer price and sells at the bid price. The offer price is higher than the bid price and this charge goes to...
    Post by: Mark Willder, Apr 2, 2024 in forum: SP2
  6. Mark Willder
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    Ch14 - profit reporting

    Hi Matt Thanks for having a go at this with some numbers. Unfortunately your formula isn't quite right - you have the sign wrong outside the...
    Post by: Mark Willder, Apr 1, 2024 in forum: SA1
  7. Mark Willder
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    Q for ST 2, Ch 7 - Revalorisation Method

    Hi Chapter 7 of the course notes describes how the methods work and gives some examples of the calculations used. Best wishes Mark
    Post by: Mark Willder, Apr 1, 2024 in forum: SP2
  8. Mark Willder
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    non unit reserve

    Hi Yash I'm sorry if my language wasn't clear. By losing I just mean the insurer is paying out more than they are getting in that year. Best...
    Post by: Mark Willder, Apr 1, 2024 in forum: SP2
  9. Mark Willder
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    non unit reserve

    Hi Yash The reserving calculations above are prospective calculations, so we are looking at cashflows in the future. Yes, there will have been a...
    Post by: Mark Willder, Mar 28, 2024 in forum: SP2
  10. Mark Willder
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    SP2 Acronyms list

    Hi Rashi There are a few acronyms in the SP2 Revision Books. Many of the CP1 acronyms could also be helpful for SP2. However, these acronyms...
    Post by: Mark Willder, Mar 25, 2024 in forum: SP2
  11. Mark Willder
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    Question on Chapter 16

    Hi Aaron A numerical example might help. Imagine a policy with a premium of 95 for the main benefit and 5 for the rider - if the rider turns out...
    Post by: Mark Willder, Mar 19, 2024 in forum: SP2
  12. Mark Willder
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    Why is the premium rate not crucial to competitiveness for UK-style With-profits?

    Hi James If more is paid out on death then the asset share will be charged more for the cost of life cover and so the asset share will be lower....
    Post by: Mark Willder, Mar 15, 2024 in forum: SP2
  13. Mark Willder
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    Sum at risk

    Hi Rashi Yes it's true that the retrospective reserve for an endowment grows over time as premiums are added and interest is earned. It's also...
    Post by: Mark Willder, Mar 6, 2024 in forum: SP2
  14. Mark Willder
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    Unit Pricing Query

    Hi Mohammed On any given day there are three types of policyholder: policyholders buying units policyholders selling units policyholders holding...
    Post by: Mark Willder, Feb 26, 2024 in forum: SP2
  15. Mark Willder
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    Sum at risk

    Hi Jaya Yes, you're correct to say that reserves are basically the sum kept aside by an insurance company for a contract to meet expected future...
    Post by: Mark Willder, Feb 23, 2024 in forum: SP2