Hi, I have two questions: 1. Is the April 1999 paper 1 question 6 still examinable? 2. Sept 1999 paper 2 question 3 part 4 - how is the solvency margin calculated? I calculated 52.38 instead of 53.89. Not sure which part of the calculation I did wrong. Also is the insurance profit 5.475%? I'm not sure if the mark scheme has just rounded it down or if I have misunderstood the information. Thanks.
Don't see why not. I can't quite get there either, but there are so many different assumptions you could make, particular regards to timing (eg average over the year etc). In the actual exam, you'd get credit for any reasonable approach as long as you state your assumptions. Whichever way you do the calc, you'll still end up with the same conclusion as far as I can see!
