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In the attached pdf at the top of this feed, what do the 22' papers relate to. Cant seem to match them to the Sa1 22 papers.
Hi, I was just wondering why does the required capital not change if the reinsurer credit rating stays the same: Lets assume that the initial...
Can i ask why the cost of the guarantee on vesting annuities necessarily increases under the stress? I thought that for annuities, companies...
When a surrender profit occurs, does the profit go to the inherited estate or go to the asset shares of the other policies?
Hi, I was wondering how you would know this from the solution " - Interest rates up has a negative correlation with other market stresses. [1] -...
Hi, I was wondering if you could confirm whether my assumptions were reasonable. I was surprised that the first two were not mentioned in the...
I don't seem to quite understand this sentence in the past paper solution or Acted solution. "The expense assumptions should allow for the costs...
Thanks very much. Very helpful.
Can I ask why this increases risk? "There is currently no proposed limit on the age at which the increase can occur which will increase the risk...
Hi, I was just wondering why this made sense in the essay question - "Average premiums much smaller for YOUTHSURE… [1] • Therefore they require...
Hi Mark, I was just wondering if i could query this equation - [Single premium - initial expenses] x (1+i) - First month annuity payment] /...
Hi Mark, I was wondering if my understanding of these contracts was correct. Lets assume i have a single premium additions to benefits and...
Hi, I was just wondering where expense data comes from? One of the answers in a past paper to check the quality of the expense assumptions is...
Hi Mark, I agree with your answer here, that when a dividend is paid out using the contribution method it could be paid via - cash, lowering of...
I was doing Sept 2007 and cant understand one of the questions. Question 3(ii) Direct sales force. These are employees of an insurance company....
I also have a question regarding the payout of profits. One of the risks flagged in 7iii) for the with profit contract is that due to competition...
6iii) I cant really understand the answer to this question. In particular - " If the quality of the underwriting is improved by the introduction...
Thanks very much for the reply. Helpful.
I was wondering what the principle: "treat surrendering and continuing policyholders equitable" actually meant? For instance, does this mean...
ii) Describe how the approach to determining the embedded value would be different if the contracts were all conventional with profits contracts...
Must confess I didnt really understand this question. ii) Can i ask why i am not correct in thinking that only a cash payout is a suitable...
Thanks very helpful example. Cheers Mark
Hi Mark, I dont really understand this answer and how you create model points. My understanding of model points is just that they are average...
Hi, I was wondering whether you could perhaps explain a component of smoothing to me. I understand that an individual who takes out a with...
I too was wondering how withdrawal rates are actually calculated. If i am conducting a withdrawal experience analysis, i want some data...
Hi, I was doing this question in the revision booklets and I couldnt understand the answer to the with profits component (iii). Please could...
If you would like to see "potential answers" for the papers you can find them on youtube if you type something like "CS2 paper a 2021 April". A...
I wasnt expecting the lack of Multi choice questions. Was quite surprised. Any ideas of how Q8 machine learning is done?
Hi, I just read the exam joining instructions and it dosent mention "multiple choice questions" like in the last session. All it says is: 1....
Although i dont believe we are allowed to copy and paste from excel into word. I read on the marking sheet in the 2020 exam paper A this is not...
Its okay, in the older papers the examiners notes are at the front (missed them) and it said this was a reasonable approach. Cheers.
Thanks for the reply. Could i also ask why in CT4_2009_04 Q12 iv) we are not summing the final two groups in our chi squared calculation (as the...
Hi, I was wondering whether someone could explain to me why when we are solving for rho_1 we dont divide the numerator by 499 and the denominator...
Yes, I would also like to know whether you can just copy and paste a KM table you create in excel (during the exam) into word? Seems pointless to...
Hi all, I was wondering whether anyone could explain to me how to build the transition matrix for this question. Abit confused by it? Cheers
Hi, sorry to start up an older thread. I was just interested if there was a reply from the IFOA in regard to these issues? i.e. are they included...
Thanks for the reply Joe. On the safe side, i will retype things out (hopefully i dont run out of time)... One thing i was wondering is whether...
Hi Lucy, do you think this means that i can build a bionomial tree or a loss table (using chain ladder method etc) in excel and then copy and...
I agree Laura it would be good to get some confirmation regarding whether something like Question 5 b in 2005 April paper is expected or whether...
Hi, I was wondering if you could help me with a problem of understanding a solution. In the notes of the ruin theory chapter it states that: S...
I also dont quite understand 6 (ii) and (iii) in this paper could someone please explain? Is this something that would expected in the new format?
I would agree with what you say. The confusing thing in the exam paper solutions i feel is that when they say hedging portfolio they actually...
Hi, I was wondering if you could help me to understand these two questions. 9(iii). I always seem to get the values of shares/cash with the...
I imagine they cant be moving exams forward. That would be crazy if so. Especially so soon to exams...
You have got to give it to the IFoA. They are the masters at "not giving a ...." Evidence: 1. Delay, delay delay. 2. Misleading...
I sympathise with that. I havent been able to study for over a week...
Serious question, when the announcement happens, should we trust their first or second draft?
Does not look likely. It is a disgrace if not, especially since they have been emailing that out to students today.
Hi Yellow tables, got a similar email. Hi Thank you for your email expressing your concerns about COVID-19 and its effects on the April 2020...
This is the problem with the Ifoa just delaying their decision when all other bodies gave definitive answers. We are all having to speculate...
Great spot Anees. Fingers crossed its true.
https://www.goodsamapp.org/NHSvolunteerresponders This is the link. Hope it is helpful. Hopefully, the IFoA put it on their website in the next...
[ATTACH] I'd strongly encourage every non vulnerable student to do the same. There will always be another exam session but what about another...
BBC Posted at 16:42 BREAKING: UK seeks 250,000 NHS volunteers Health Secretary Matt Hancock says they are looking for 250,000 "NHS volunteers" to...
Ah, they have updated it. They explicitly state CP2 and CP3 are the only online exams on their post. The rest I guess are all written papers.
Thanks for the reply. Is it convention to call CM2 a written paper now? I would agree CM2A is written but CM2B is surely an online paper? Why do...
I am really keen not to delay by 6 months either. Thats why they should postpone by 2 to 3 months. This time would allow: Everyone to know what...
[ATTACH] Country is in literal lockdown. Can only leave the house for bare essentials (food, hospital, helping elderly, once a day exercise or...
I agree, i myself have stopped studying as well as many others at my office. The exams surely must be postponed or cancelled. Postponed a few...
I personally disagree. To put it online would be grossly unfair. Yes, we have all worked extremely hard but to possibly change the format at...
