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Hi I have seen a lot of answer scripts talking about new business vs renewals one thing I can recollect new business is costlier to acquire,...
Hi, I have a query on incomplete triangle (latest diagonal being incomplete). Let us suppose that we have a cumulative incurred triangle (annual...
Thank you Ian.
Hi, Can some one help me understand these terms (Threshold, limit, attachment point), I am basically getting confused with these terms I was...
Dear All, I too have the same doubt, can anyone please clarify? Thanks in advance.
Thank you Katherine. It is very very clear. It never stuck to me putting the risk and policy time on a graph like the one you showed. It is really...
Hi, Can you please help me understand the UPR calculation, since I am not very comfortable with this question. It was said that risk per day...
Thank you.
Hi, Core Reading in Module 15 suggested that "Basis risk, which is measured as the extent to which particular position reflects the position...
Thank you it is clear now. The last paragraph is with respect to another question, which I watched in online classroom. from your answer, I...
Hi, In the question, when they say 2/3 of FPS, it is sometimes very confusing for me since I am unable to understand this, For example it is...
Thank you and it is clear
I am unable to understand the contribution to losses in the ASET (second table) Actual loss to layer 1 etc. Especially I did not understand, For...
Yes I am Planning to give this exam
Hi, In this question, if suppose the policyholder survives for all 3 years then we would have the termination bonus as well as the reversionary...
Hi, In my view, we just need to spend more time on this part as it forms 20 mark question most probably, please understand the lessons by...
I would let you know the way I understood this: Net cost of reinsurance is generally used for a small proportion of cession like India having...
Thank you both
Thank you, but Is it that If i did not have any funds, then opportunity cost is ZERO?
Hi, The question says that the project is funded by means of issue of loan stock which has already been arranged and to which the company is...
Hi, The Question has given -50(initial outlay), 16, 16, 16, 12, 12 in the subsequent years and told that payback and IRR are calculated....
Thank you:)
Hi, I am really stuck at understanding of section 4 'The Normal approximation to G(X), how can we have a normal approximation to the claim...
