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Hi Lindsay, You mentioned that "If the spreads widen due to an increased liquidity margin, the MA will increase correspondingly. " Can I please...
Hi Lindsay, Thank you for above clear explanation. Can I please check if the non-BLAGAB trading losses can be set against next year BLAGAB sh's...
Hi Lindsay, Can I please get more clarity regarding to the 2014 Apr SA2 exam? The solution shows the detailed calculations of each component...
Hi Em, I got confused by the point around whether there is a need to reserve the repayments i.e. increase liabilities under the Securitisation....
Hi EM, do we need to deduct the BEL (S2) / Reserves (S1) under the Free surplus contribution i.e. (essentially premium - expenses - BEL/Reserves -...
Thanks, so can I understand it as below? Mutual I-E>0, the company is XSI I-E<0, the company is XSE Proprietary company When I-E>0, a) there are...
Thanks Lindsay, I don't quite follow this part. Given EV = (a) Net assets + (b) Capital requirement - Cost of holding capital + (c) PVIF, if...
Thanks !!!
Thanks Mike, so it means that a product being XSE (eg. term product) will result in competitive pricing and hence XSE is a good thing. But I got...
In ASET suggested solution, under the additional points of shareholder transfers, original text is "These also appear to be quite high at around...
"However, during your examinations, such notes may only be used for reference purposes, and you must not copy and paste content from any personal...
it’s clear, thank you Lynn
Hi, I'm working on the Apr 2012 Q7, asking about the risks of writing a UL WOL where additional SA (on top of Unit Fund) is payable on death, and...
Hi Mark That's very clear. Thanks a lot!
Hi, I have difficulty in understanding the wordings relating to the expense split under chapter 30. Original notes say "Staff can be split into...
Could anyone please help me understand how the contribution method works in calculating the expense surplus when there is no expense loading in...
In Q&A 3.7 (i) solution, third paragrah " For each product..." Can I confirm that, this paragrah is talking about modelling the profitability...
It's more clear now! thanks
Thanks!!!!!
Specimen exam question under chapter 11, For mortality risk, I came out a point with "if more deaths than expected, future charges will be...
Regarding to the scenario "Increase in yields", I feel that solutions under both methods are interchangeable, I can't see which points we should...
For ST2 Q&A Part 1 question 1.12 (ii), I don’t really get the solution for the mortality part, the first point, it says “the death benefit will...
Hi Mark Regarding to your statement, “ So under method 2, we would use a higher discount rate for the second liability to reflect the higher...
I also want help on this part. :confused:
Hi all I have difficulty in understanding the 5th bullet point under "Meeting the Principles" for Surrender Value respread to reduce future...
Hi Mark I have a question following to this quoted statement. If we look at the first line and the last line only on the graph. Is my...
Thank you very much mugono Can I interpretate your points like this? I control the reserves level (say X) so that the surplus will emerge...
Thank you Mugono, Now it seems much clearer.
Hi Would be appreciated if anyone could help me understand the reserving concepts on the with-profits. Chapter 21 says that " we wish to...
In chapter 6, under section 3.5, It says that " When a policy pays premiums into a conventional with-profits contract there is no immediately...
