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The short question is extracted from page 92 of SP2 combined material pack, chapter 3 Life Insurance Product (3) under section 1.3 Capital...
Q:1 Core reading said that if Supervisory reserves are taken as prudent then do not consider Lapses. If supervisory reserves are realistic (market...
Hi everyone, The context of this question: As in reserving in Life insurance, we use the technique of discounting the future cashflows (include...
Hi, I am getting confused about the net reserves calculated in part Q12(i). I don't understand why the reserves we calculated are at the start...
Hi In the revision books, the answer for this question says that it is assumed that the non-unit reserves do not increase with interest. Firstly,...
Hello, I would like to ask a question concerning the meaning of reserve and the cost of setting up reserve when we do the profit testing in term...
I am currently reading over a job description which, under duties, says that I would be required to assist in the calculation of IFRS reserves....
Hi Friends! I have a doubt in ST7 - April 2013, Q.5 (ii) It deals with discounting of reserves. I could get to the point of finding the % of...
Hello, I am getting confused with reinsurance deposits where the reinsurer pays their reserve to the insurer at (say) the start of each month. I...
Hi, CMP question 18.3 asks about the mortality risk faced on two books: - RP NP WoL contracts taken out 30yrs ago by men aged 30 - RP NP WoL...
Hi everyone, Now, this may seem like a bit of a silly question at first. Reserves, as I understand, are supposed to be seen as liabilities. The...
