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Hi I’ve also just completed this paper. Most of the data checks in the examiners solution I did using a filter. Would I have gotten the marks...
Thanks that what I thought but wondered why the core reading randomly used different terminology to explain the same thing.
Hi I’m hoping someone can explain what is the difference between unlocking the CSM(discount rate) and adjusting the CSM for non economic...
Hi Will the lump sum amount also have to be higher than the cover they could get from another Whole Life policy from a different company? I mean...
So they re testing if I know what a loss ratio is? I thought it was a test of my ability to communicate.
I’ve read the paper and scenario material. There is no mention of mortality rates anywhere. Also no definition of what a valid claim is.
The example solution includes the statement “ we have made some assumptions about the health of customers and likely death rates”. Where in the...
Many thanks for the detailed response. I do appreciate it. The credit rating point is mentioned in the Asset solution as well. Actually the other...
Hi The examiners report mentions that the capital required is based on the credit rating of the reinsurer. This is not mentioned in the SA2...