Recent Activity

Activity stream for all registered members at Actuarial Education.

  1. Katherine Young replied to the thread April 2013 q9.

    The claims data is by policy year whereas the solicitors data is by calendar year. So you need to adjust the solicitors data to a...

    Feb 29, 2024 at 1:56 PM
  2. Katherine Young replied to the thread Sept 2015 Question 5iii.

    That's a long sentence Laura. Let's try rephrasing it: See how that helps?

    Feb 29, 2024 at 1:32 PM
  3. Bernadette Pieterse posted a new thread.

    Black Scholes: Question 9 Sept2023 Exam

    Hello, For Q9 in the Sept2023 exam: Why do they add 0.1*exp(-0.02*10) at the end when calculating the price? Also, how does this...

    Forum: CM2

    Feb 29, 2024 at 11:39 AM
  4. Gresham Arnold replied to the thread Apr-18 Q3.

    Hi Dominic Some parts of this question rely on quite a lot of UK specific detail, some of which has been removed from the Core Reading....

    Feb 29, 2024 at 8:39 AM
  5. Katherine Young liked Darren Michaels's post in the thread Sept 2017 Q7 ii.

    To calculate the UY ULR, you need to apply the BF method using the interpolated June pattern. You then need to make some sensible...

    Feb 29, 2024 at 8:08 AM
  6. Joe Hook replied to the thread About (PRO)t.

    Yes, the line below the formula on page 32 says "this profit relates to the year starting at policy duration t, that is for policy year...

    Feb 28, 2024 at 8:20 AM
  7. Joe Hook replied to the thread About (PRO)t.

    Hi, Yes this is the same thing. So the year from 0 to 1 is the 1st year. So the year starts at policy duration t=0 but it's the first...

    Feb 27, 2024 at 10:28 PM
  8. Anna Walklate replied to the thread Answering Diagram Questions in Word.

    As per Gresham's reply (above), you will not need to submit diagrams in the exam. You may want to sketch a few to help with MCQs, but...

    Feb 27, 2024 at 8:25 PM
  9. Darren Michaels replied to the thread Sept 2017 Q7 ii.

    To calculate the UY ULR, you need to apply the BF method using the interpolated June pattern. You then need to make some sensible...

    Feb 27, 2024 at 5:29 PM
  10. Joe Hook replied to the thread Continuously payable annuity approximation - does it hold for temporary annuities?.

    Hi Danny, For the formula to apply please see chapter 14 page 34: abarx:<n> = aduex:<n> - 1/2 *(1 - v^n * npx) This formula comes...

    Feb 27, 2024 at 9:09 AM
  11. Colin McKee replied to the thread SA7 Sept 2020 Q 3 (iv).

    I think the issue with this one is that the MS suggests an assumption that salaries will grow 1% over inflation, but the result is...

    Feb 27, 2024 at 8:42 AM
  12. Gresham Arnold replied to the thread SA4 topical issues.

    Hi Ben I think the issues mentioned in Justine's post of February 2023 still look very relevant. We've seen developments in some of...

    Feb 26, 2024 at 4:26 PM
  13. Darren Michaels replied to the thread Apr 2016 Q4iii.

    Sounds like you are on the right lines, but remember the business will be written uniformly over each month and so on average written in...

    Feb 26, 2024 at 3:20 PM
  14. John Lee replied to the thread September 2022 Question 3 part iv.

    It's always helpful to post a screenshot of the exam question to help others help you. The 0.264 is the complete linear predictor for a...

    Feb 26, 2024 at 1:18 PM
  15. Katherine Young replied to the thread Sept 2017 Q7 ii.

    Ah I see what you're doing Laura. It's the % developed that you need to interpolate, not the CDFs.

    Feb 26, 2024 at 11:20 AM
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