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Thanks Lindsay. This is helpful!
Hi, The question asked for actions that the company may take as a result of positive investment variance. From the sample solution given, Why the...
Hi, I would need the screenshots on the following chapters: Chp 9 Sec 7.2, Sec 8.5 Chp 10 Sec 5.2 Chp 12 Sec 2.1, Sec 2.2 Chp 17 Sec 2.4 Chp 22...
Hi, I’m currently using old version of study material. From CMP upgrade 2021/22, there are new sections for Chapter 4 (about pandemic and climate...
Got 44. Spent too much on Q1 and 2 thus not much time left for me to answer Q3. Wondering if I should retake the exam this September(since it is...
Hi For Q2 part v, we are asked to analyse the movement in the estate over the year. In this question, it is mentioned that estate is equals to...
Thanks Lindsay, the explanation is indeed very helpful. I have another question here. A company is able to recognise profits beyond contract...
Hi Is there anyone can explain what is bonus earning capacity and how is it related to asset share? Thank you.
The question is asking if the company would want to continue to use accounting policies based on Solvency I methodologies or change to Solvency II...
In part (iv), all 5 items surplus are calculated by using actual result - expected result except for change in valuation basis. This gives a...
Gross redemption yield = 2.5% pa Risk-free rate = 0.5% pa Fundamental spread = 0.3% pa The discount rate the company used = 0.5% + (2% - 0.3%) =...
Hi. I don’t understand the solution provided. 1. How will regular bonus increase the guarantee? 2. What does it mean by, “ At least the...
Hi, In section 1.4 there is a question on the difference between bid basis and offer basis to provisioning for unrealised gains in unit pricing....
Thanks for the detailed explanation. I understand the concept better now. Will consider your suggestions on the tutorials / Online Classroom. Have...
Thanks for the reply Lindsay! Can I say that since the amount in the unit fund / asset share will be paid out to the policyholders, it is...
5. In Sec 6.3, “If there are BLAGAB losses in that period, the minimum profit test does not bite. If the minimum profit test does not bite, the...
Hi. I have read through the section and here are some questions i would like to clarify. 1. In Sec 6.2, “BLAGAB trade profit is adjusted for the...
In page 9, it states that: The calculation of that profit requires consistency between: the income and gains included in the revenue account for...
I see. Thanks for the thorough explanation!
Thanks for the info. It is indeed very helpful. Can I say that this course structure is similar to CB3?
Hi guys, In the solution for this question, the first part mentioned "The guarantee charges are a percentage of the fund and so will be at their...
Hi, do you mind sharing what is the course about and what will we be working on? Thanks!!
Hi all, I will be joining this to get my Associate title. Please share your experience on this course. Thanks. :)
Hi, i have two questions after read through the solution given. 1. Why is there no premium added for the Asset calculation on immediate...
thanks Lindsay. This indeed helps a lot!
Hi, In chapter 7 section 6.3, it is written that ‘to work out whether the minimum profits test bite, a comparison between and adjusted I-E profit...
Thanks! This does help a lot. So does that mean the increase of liabilities of 0.5% at the end of the year is due to BE based on the expected...
Hi. Can anyone explain how the bold calculation below is done? And, what is the difference between 'difference between actual and expected return...
Hi, Can anyone explain about Deemed Disposal Rule and how it affect BLAGAB in Chapter 7? Thank you.
In Chapter 5 Practice Questions, "Describe the risks that arise from the introduction of legislation that prevents insurers from pricing...
Hi, may I know what does this sentence mean? "laying down take-over terms where the insurer accepts a scheme previously insured elsewhere"
