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HI Acted, Please could you answer the following questions I have:- Definitions: Q1) Claim Incidence is date at which single benefit is paid out?...
Hi Acted Tutors, The SP2 Sept 2023 exam question 2 is:- 2 (i) Outline the main customer needs that endowment assurance products may fulfil. [3]...
Hi Mark, Please can I ask a question about "Unitised With profits " (UWP) products Vs. "Unit Linked" (UL) products. How are they similar and how...
Thank you
Thank you, I see. So does this mean:- If withdrawals prior to exercise date are low, then higher the cost of the option? because there are more...
Hi, Please could someone answer my query. Thank You :) Mortality Option for TA:- The course says that "As take up of the mortality option...
Hi everyone and ActEd tutors, Please can you answer these questions as I'm unsure on them. Q1) What's the difference between a product's...
Hi everyone, The 2021 April Exam paper, Question 5) is about a policyholder who has a "Unit Linked Endowment Assurance" policy. They can either...
Thank you!
Hi Mark. Thank you. I was thinking about the wrong section of the chapter. Follow up question: The exam’s model solution talks of the scr. Why...
Hi, This is about the 2018 Sept exam, question 6i). Exam Question is:- "A proprietary life insurance company sells a broad range of products and...
Thanks. Too bad we don’t have a list. Can people and tutors from the forum post up the acronyms they’ve made for SP1 here
Hi everyone, CP1 has a list of acronym's on ActEd's forum. Please can someone let me know where the acronym list is for SP1? If there's no...
Hi everyone and ActEd tutors, If one of my steps is incorrect when creating a model: I think I should mention this in the audit trail and summary...
Hi, The IFoA states that there has been a new curriculum set for CP2 since 2019. Question 1) So, are exam in say 2017 and 2018 relevant to do...
Hi, I have done the Sept 2020 Paper 2 exam. It is about an insurance company that is bringing out a new product to insure mobile phones. The...
Thank you for answering my question :)
Thank you. I've looked this up and yes, seems something odd about Goal Seek. In general for the CP2 Exam, will we get one single answer from Goal...
Hi Tutors and Forum Members, I have done the 2019 Sept Paper 2 Exam. However, I couldn't find the same Goal Seek’ed figure as in the examiner's...
Thank you :):):)
Thank you Mark for confirming my understanding of prospective and Retrospective surrender values. Please could you help me solidify my basic...
Thank You Mark!
Hi, Please could someone let me know if my understanding is correct. Thank you :). Q1) Profits for Prospective and Retrospective SV....
Yes, that clears things up. I understand my mistake. Please let me know if below is correct:- My mistake is that i forgot that there are "Unit...
So please let me know if I understand this correctly:- If its a With Profits product, for unitised and conventional, the insurer decides where to...
Hi Mark, Mock exam question 3 is about a unitised with profits endowment assurance. For part 3i) my answers were from a point of view that the...
Thank you Mark! This helped a lot!:)
Thank you Mark, Your post really helped. At the risk of labouring the point, Q2) You stated “non-linked means not unit-linked, so includes...
Hi Acted forum users and Tutors, I've got a few short/easy questions to help my understanding. Please can a tutor/ forum user be kind enough to...
Thank you Mr Willder, That explained what I needed. Have a good weekend :):):cool:
Thank you for your reply- really helped!:) A couple of follow up questions. Q1) If a with-profits policy PUPs, does it continue to receive...
Hi all, I have some questions from the booklets given out for tutorials 1 and 2. Please could people and tutors answer :) Tutorial 1. Exercise 4....
Thank You :)
Hi Richie, Thank you for your post :) In reply:- Q5) I believe UW means that each policyholder (of same age) is charged the same premium for...
Bumping this back up so it gets attention.
Hi everyone, I have a few small questions. Please could forum members and tutors help Q1) I understand the theory of risk budgeting. Please...
That clears things up! Thank you Richie :)
Hi Everyone, Having done some exam questions, I'm a bit confused about a bonds expected and actual returns. Please could some people and tutors...
Hi, I'm interested but thinking of doing CP1 this Sept '21. Looks like this post if for Apr'22 only.
Any tips on how to tackle this written exam- this is my first written exam. There are also so many past papers, 4 per year. Did you go through...
Dar_Shan0209 & dazz101 Any tips on how to tackle this written exam- this is my first written exam. There are also so many past papers, 4 per...
Would like to join also
Hi everyone, please can someone clarify what a “basis” is? I think it’s the set of assumptions (eg prudent) used to calculate the capital, such...
Thanks Lindsay, that clears it up for me! :)
Hi everyone, I’m confused about the (mainly financial) relationship between an insurer and reinsurer. Please can people shed some light on this....
Please ignore the above. Ive found the info I needed.
Hi everyone and ActEd Tutors, Im not sure what we should submit for the CS2 B paper? I think I should run my script at the end of the exam and...
Hi, I have come across "deflators" via Market Price Deflators in the Binomial Mode and "market price of risk" in stock pricing and CAPM. I'm...
Thanks Joe, that clears things up. :)
Please can people help with my understanding on the Log N model and General Brownian Motion and how securities are priced using these. Thank You...
Thank you Andrew Martin :)
Hi everyone, I'm assuming exams with a part A and B will be weighted the same as before. E.g. CS2 will have an A:B, MS Word:Excel, weighing of...
Hi everyone, :) Thank you to everyone who replies to my Mortality Projection Questions. Q1) For the extrapolation method m_x,t= a_x +...
I would like to know more about this also- how can such a maths based exam now be online? Does anyone have a link to an IFoA page explaining the...
@mugono Thank you :)
Hi, Question mainly for a tutor but would be good if others gave their answers :): Bounds on Options, CT8 exam, April 2012, Q4. (Also revision...
Thank you Andy
Hi everyone and ACtEd Tutors, I have a couple of questions about the ActEd Mock A exam for the Sept 2019 Sitting. Question 1) Mock A Question 7)...
Follow up question on formulas in the Copulas Chapter. Do we need to know (memorise) all the Copula Formulae, e.g. all Independent, all Implicit...
@Calm Thanks for your post. Any tips for becoming quicker and better skilled with R? As im new to R, I find that im quite slow at times....
Just a Quick Question- Regarding the Word Count of the CP3 April 2019: I've heard there is no word count? or is the word count enforced so you...
Hi, I've haven't been sent any information from the IFoA about the Paper B exam (e.g. its download and upload instructions etc.) - has anyone...
Hi, For the CM2 Paper B exam: Do we download the exam at the start of the exam, do it in Excel, and then upload it (onto whatever application the...
Hi, Please could I ask 1) What's the difference between a "replicating strategy" and a "replicating portfolio". Are they both the same with...
Question for ACTED. The ASET papers are the previous CT8 exams plus CT6 and CT1 questions added in. Question 1) So, It looks like some of the...
Thank you Tess, will look into this!
Thank you for the info Arfan Rahman :) looks like we'll have to wait.
Thought I would start a thread for CM2 Paper B. One of my questions for the ActEd tutors is What are the Excel functions we must know for CM2...
Dear ActEd, I would also like to ask this question. Will the CT8 Flashcards suffice or has the syllabus changed significantly that it will be...
