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In ASET suggested solution, under the additional points of shareholder transfers, original text is "These also appear to be quite high at around...
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, 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...
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 all I have difficulty in understanding the 5th bullet point under "Meeting the Principles" for Surrender Value respread to reduce future...
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...
