1. What is a loss adjustment department? 2. What is the difference between a Run-off solution and a Loss portfolio transfer? They look the same. 3. When do the examiners set papers? One would think that if anything is topical right now it is only going to be tested in September not in April. 4. What will be in the April paper?
1. A loss adjustment department sounds to me like a department of loss adjusters! A loss adjuster is someone who assess losses - a claims assessor. 2. Run-off solution versus Loss portfolio transfer - see our FAQ page on the ActEd website. 3. Exam questions get finalised at the start of the calendar year in which they are set (April and September at the same time). 4. Something to do with general insurance?
It says: From September 2006 the Specialist Applications examination papers can obtain up to a maximum of four questions rather than the current two. This is not a major change in policy, but it was an area of concern for the examiners and they have asked us to clarify the situation. So you should be OK for April. Although there have been instances in other SA subjects of more than two questions recently anyway. Ian
