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I think the thought is - in this scenario the impact will be only on the own funds since the property as an asset doesn't back any products - so...
According to me, you're right companies could choose to reduce terminal bonuses first and then move to regular bonuses if required. This is...
got it Lindsay, thank you so much!
Hi, thanks for the reply - was just thinking - if the NAV in unstressed scenario is higher than that of stressed scenario then why would I require...
Me too, I didn't get through Sept 22 by just a few marks! It was a good paper but I think I got the first time lat paper exam frights
Just one more thought, I was quite confused when I read the part ii of this question - discuss the components likely to be included in an analysis...
Hi, in relation to this question itself, I was wondering - in part iii, the expenses being higher than originally expected at start of the year -...
So: S iCR = NAV in the unstressed (ie best estimate) balance sheet minus NAV in the stress scenario for risk i SC iR is subject to a minimum of 0...
Hi, I think it's not only related to investments or the risk margin. It's also to do with how the assumptions change as per the effect of climate...
Hi Lindsay, you're right I meant non-unit reserve. But thank you so much for this explanation, really helps!! :)
Can we also connect this to the risk margin concept in addition to SCR? For the non-hedgeable risks, usually when the risk increase, SCR increases...
Hi, I've compiled some of my questions, might be messy since they're from different sources - A lot of questions and material says - when unit...
Hi I had doubts in 3 questions so Im just going to club it up April 2010 Question 6 part i In this question, the question specifies that the...
HI! At the start of the examiner report of this exam diet it says - Note the marking is done out of 200 I didnt exactly what they're referring to...
Thanks for helping me out here Mark. I read the question again and understood that we're not surrendering but only altering the policy. Hence,...
Hi, I was solving the question 22.6 from chapter 22 from the 2022 version of the SP2 notes. The question mentions 120 as the...
