Separate names with a comma.
I found question 2 very strange. It asked to list 3 'commonly' used performance measures in the first part and then asked to calculate each of the...
I understand that there have been a number of changes to the chapters on taxation. In the past exam papers, April 2010 and April 2013 have...
Solvency II is an insurance regulation applicable to all insurers in the EU. Solvency II introduced requirements related to capital requirements,...
I interpreted available capital as own funds or assets (excess of assets over liabilities) available to cover the required capital. Therefore,...
I have a question on April 2013 Q1 (iii). In the examiner’s report, expected valuation rate of interest margin of 2.5% is used. Expected...
Thanks. My point about requiring data from an external provider is not that they will provide eligibility assessment for the insurer but an...
Thanks Lindsey. I am now clear on 1(i) and (iv). I understand your point that examiners are not keen on giving credit for points that go beyond...
I have some queries on question 1 of April 2017 exam paper. I will appreciate if someone can correct my understanding below: 1(i) The solution in...
I came up with those scenarios to develop my understanding after looking at September 2013 exam paper and question 4.5 of Q&A bank. Mike thanks...
(a) For unit-linked pension business, can someone please explain the impact on PVIF, net assets and EV overall of each of the following changes?...
Q1 (iii), (iv) Addition, can any one please let me know whether following points would have scored any marks as these are not stated in the...
I am confused after reading the solution contained in examiners’ report to question 1 (vi). The points mentioned in examiners’ report are all...
Please can you confirm whether the following approach to Q1(i) is correct? Liabilities at start of year = £5.2m Assets at start of year = £5.2m...
In CMP Upgrade it is mentioned that Takaful has been added to the list of products in syllabus objective. However, in the CMP Upgrade I cannot...
Thanks
I agree with Elroy that regulation in US and UK is different. The products, capital requirements, reporting requirements and regulation are...
In April 2001, Paper 2 Question 1 (iii) asks to describe how would you calculate EV of a company called CoC. CoC has been put up for sale and it...
Thank you for the detailed reply.
You will need Acted study material to prepare for the exams. This will include course notes, revision booklets, etc. I will recommend to spend...
Hello, I am struggling to understand Virtual Capital as explained in the core reading. Please could you help with the questions below on Virtual...
