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1. Post

Chapter 11 - Page 17/18 - normal approx to recursive formula

Looks like you are using E(X^2), where it should be [E(X)]^2. Actual answer is... Var(S)=E(N)*Var(X)+Var(N)*[E(X)]^2 =10*2+10*1^2=30
Post by: Hemant Rupani, Mar 17, 2019 in forum: SP8
2. Profile Post Comment

https://ifoa-www.s3.eu-west-2.amazonaws.com/live/s3fs-public/curriculum/specimen_papers/SPECIMEN%...

https://ifoa-www.s3.eu-west-2.amazonaws.com/live/s3fs-public/curriculum/specimen_papers/SPECIMEN%20EXAM%20PAPER_CS2B_IFoA_2019_final_0.pdf...
Profile Post Comment by Hemant Rupani, Feb 5, 2019
3. Post

Open insurance claims datasets

https://archive.ics.uci.edu/ml/datasets/Insurance+Company+Benchmark+%28COIL+2000%29
Post by: Hemant Rupani, Jun 10, 2018 in forum: SP8
4. Post

Capital modelling - Practical considerations - Chapter 22

I don't have practical experience, from rationale - If the model outputs risks and their subsets with the process how risk capital calculated from...
Post by: Hemant Rupani, Jun 10, 2018 in forum: SP7
5. Post

Credibility Formula

Hi, full derivation is explained in Section 2.3 of Chapter 18.
Post by: Hemant Rupani, Aug 8, 2017 in forum: SP8
6. Profile Post Comment

Look out for list of insurers from IRDAI website, and apply to all, ideally after you'll...

Look out for list of insurers from IRDAI website, and apply to all, ideally after you'll complete your final exams awaiting results. And try to...
Profile Post Comment by Hemant Rupani, Jul 27, 2017
7. Post

Assignment X3, Question X3.6

From point (n) "Assume all claims and per policy expenses are paid 9 months after inception."
Post by: Hemant Rupani, Jun 26, 2017 in forum: SP8
8. Profile Post Comment

Please excuse o(h) terms for this comment only, but mention in exam. Pij(t+h)...

Please excuse o(h) terms for this comment only, but mention in exam. Pij(t+h) =sum{Pik(t)Pkj(h)} ... Note: in sum all possible k....
Profile Post Comment by Hemant Rupani, Jun 16, 2017
9. Post

IAI Results today??

They always publish in the evening time. I would say wait until 5 pm.
Post by: Hemant Rupani, Jun 9, 2017 in forum: India
10. Post

Song on Actuarial Life

Thank You! :)
Post by: Hemant Rupani, Jun 6, 2017 in forum: Off-topic
11. Post

What does an actuary do?

From this reply - the questions would not haunt shdh, but the askers.:D
Post by: Hemant Rupani, Mar 10, 2017 in forum: Off-topic
12. Post

Yes! Because, Valuation as-at-2011(loss ratio for a 2011 rating environment) needed.
Post by: Hemant Rupani, Mar 4, 2017 in forum: SP8
13. Post

Chapter 15 bootstrapping the ODP

Here, section 5.4 is applicable and there the process is explained in ActEd wordings.
Post by: Hemant Rupani, Mar 2, 2017 in forum: SP7
14. Post

IAI May 2011 Q9 (i)

it is balancing item, it is defined by total assets less technical liabilities.
Post by: Hemant Rupani, Feb 19, 2017 in forum: SP7
15. Post

OP is correct, because commission is payable as a % of Office Premium.
Post by: Hemant Rupani, Jan 14, 2017 in forum: SP8
16. Post

Applying reinsurance partway through an year

I agree with you if you meant gross amount by ultimate loss amount for policies written in 2011. Inflation ignored.
Post by: Hemant Rupani, Nov 27, 2016 in forum: SP7
17. Post

Apparently there is a much easier way to become qualified!!!

I see unfairness. :( However, there is a benefit of being FIA. IFoA has more MRAs than any other.
Post by: Hemant Rupani, Oct 15, 2016 in forum: General study / exams
18. Post

April 2018 First exams held under the revised exam structure

Post by: Hemant Rupani, Aug 20, 2016 in forum: General study / exams
19. Post

Excess of loss

Then for 4m loss- 2m from first layer, 1m from second layer... Net loss 1m
Post by: Hemant Rupani, Aug 8, 2016 in forum: SP7
20. Post

Paper or publication on Reserving

you may like General Insurance Reserving Seminar 2016 - there is a paper GLMs in reserving.
Post by: Hemant Rupani, Jul 24, 2016 in forum: SP7
21. Post

CA1 Catch Up

Post by: Hemant Rupani, Jul 22, 2016 in forum: CA1
22. Post

IAI may 2016

Post by: Hemant Rupani, Jul 22, 2016 in forum: CT6
23. Profile Post Comment

r.act.hemant@gmail.com PS: I'd say you can get good replies in forum itself.

r.act.hemant@gmail.com PS: I'd say you can get good replies in forum itself.
Profile Post Comment by Hemant Rupani, Jul 15, 2016
24. Post

How many other papers ?

Institute of Actuaries of India. IFoA do not limit.
Post by: Hemant Rupani, Jun 10, 2016 in forum: CT9
25. Post

How many other papers ?

you can write 3 written subjects on a diet, even if you take CT9.
Post by: Hemant Rupani, Jun 8, 2016 in forum: CT9