Separate names with a comma.
I am looking at chapter 12 on Solvency 2, and trying to connect Section 6 - Quality of capital resources to what is earlier in the chapter. The...
Hi Mark, I think I have essentially the same question, so would like to double check my understanding. I think it is maybe similar to the...
Honestly, I'm not certain if that is comforting or not! Thanks for the details (and spending time digging them out - I did look at your answer at...
Hi, I don't understand the calculation of the reinsurance premium for Treaty 2 in the examiner's report or the revision note booklets. I...
Hi Anna, Thanks for your answer. But I'm not sure it makes sense to me! If you have a "lax" underwriting at inception (eg medical history...
In Chapter 7 of the ActEd notes, on page 9 under "Claim underwriting" it reads: "The claims procedures that the insurer tends to utilise will be...
Hello, At the top of page 14 in Chapter 30 of the 2023 notes, in the discussion on overhead expense allocations it says: "This will go into the...
On Page 19 of Chapter 9 in the notes, one of the entries under "CHECKS" does not make sense to me: "The check below the Fund Value at Retirement...
This question in part (ii) asks for a VaR to be calculated based on a Normal distribution. The solution does the standard approach of finding out...
Hi Richie, OK, I think I get it now. For part (i), we use that Y = E for equilibrium and E = Cd + J = Cd + I + G + X But G = X = 0 So Y = Cd + I...
A couple of things on this past paper question. Firstly, this question is on "planned consumption" and "planned investment": are these actually...
Thanks Richie. That is helpful.
The question asks what is the marginal revenue on sale of the 30th unit of a good when its demand function is Q = 100 - P. I said that P = 100 - Q...
According to communications from the IFoA, joining instructions should be available today online: On 31 August, joining instructions will become...
Hi, In the email "Welcome to the Online Practical Exams", the link to the instructions on the IFoA website does not work for me. Searching the...
Hi, I am confused about the Frank copula, or perhaps what the tail dependency vs association means. In the notes in section 5.1 and again in...
2 comments on the topics in this discussion: 1) Lucy (accurately) noted that the FAQs have been changed: However, in the Exam Joining...
Firstly, note I am referring to the original mock A sent out in the "before times". I stupidly forgot that there was a revised version. In the...
In the ASET solution to this question, it states that "the only way of calculating this (endowment assurance) is by adding together the EPV of the...
Karnen, Sammy, I have been testing this morning using a function in Word which was mentioned in another thread of this forum: "Formula". Do you...
From the IFoA exam FAQ: "The CM1A examination paper will include a similar number of questions and overall style to past papers." However, in the...
Yes, I thought this was more correct than having it vest at the beginning, since it wasn't declared then (in my understanding). Not perfect still,...
Karnan, I'm afraid I have no useful advice to give, I just thought I would let you know you are not alone in this problem. My general typing speed...
Question 13 from 2020 CM1 assignment X4 I don't understand the timing of the addition of the bonuses is this question. The policy is sold on...
Hi, In Chapter 11, section 2.4, the "mean response" and the "individual response" are described. I don't really get what this means, particularly...
