• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Pricing

D

dChetty

Member
In pricing when the notes say for each model point cash flows will be projected, allowing for reserving and solvency capital requirements using a set of assumptions. My understanding is that solvency capital requirement will not appear in the income statement but for each premium a net profit/loss will be calculated and added to assets and liabilities are deducted from assets and the free assets are calculated and this compared to solvency capital requirement to check adequacy of premium rates. Am I right? Please advise.
 
You must log in or register to reply here.
Back
Top