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The notes say that assumptions used for pricing must stay valid for an average of expected shelf-life of propose premium rates + expected...
Hi all, Page 12 of Chapter 8 ".. commission may be proportion to the sum insured, which better reflects an insurer's preference for higher sums...
Hi all. I have sat for SP1 exam earlier this month and while waiting for the results, I can't decide whether to proceed with CP1 or SP1 (or any...
Hi, I understand that the GPV formula is PV expected future outgo - PV expected future income However, it says that the reserves should be...