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guidance notes...

M

moomanoid

Member
Can any one else not be bothered in learning them?

maybe if we all agree not to then no1 can have the marks :p

seriously, does anyone think they will ask a detailed question about these again?

personally id be suprised... although they might mix things up by springing a gn20/33 question within an SAO setting?

Thoughts?
 
Guidance Notes

I agree that they are very difficult to learn in the form in which they are supplied. I've had to make my own flashcards summarising what is in them.

If I had to guess, I would say that GN12 and GN50 were the most important ones to learn, with a decent working knowledge of the most important points in the others (whatever you think that the "most important" points might be).

There were a fair few marks on GN12 and GN50 in the last two papers - I reckon there will be something again (although as we know, past performance is not necessarily a good guide to the future).
 
Well

I think I wouldn't bother with GN18, 20 and 33.

In past papers GN12 was asked alongside a bigger reserving question, so they were absolutely relevant to the question.

If GN18, 20 or 33 were asked it would accompany a larger Lloyds or US reserving question on Surplus Lines etc., which I'd have no hope of attempting anyway.
 
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