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Comments
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Hi,
It looks like there is a small error in your updated ISO sample questions, in 2015#9. In the first table on the top, the detrend factors and LDF were not used consistently. For a year more recent, we should detrend less (factor closer t…
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Hi.
I finally realized that after the basic factor calculation, the rest of the steps are straightforward and covered by Fisher. So, I don't think need more practice for the next steps.
However, I would feel it may be great if we ca…
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Thanks for all the information!
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Hi. Do you want to revise your interpretation of how CAS will provide tables on exam comparing to what you thought last year. I am asking because I saw this sentence is clearly mentioned in the syllabus this year: "The entire manual will be provi…
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Hi. Do you want to revise your interpretation of how CAS will provide tables on exam comparing to what you thought last year. I am asking because I saw this sentence is clearly mentioned in the syllabus this year: "The entire manual will be provi…
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No problem. Thank you for the update!
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Yeah, that is also my understanding. Thank you for the confirmation!
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Thank you for the explanation. But my question is, when we use approach b with historical sales and current rate, should the rate apply to the sales or sales/1000. In the ISO paper, it seems that they use sales/1000 as exposure base to apply the …
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Thank you. Do you mean that you finally agree with my interpretation in September 22: "Can I say 100k is limit per claim per type of cost, 200k is per event per year?"
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Thank you. Could you provide some more practice questions for the new calculation? I think we just have 2 questions to calculate basic premium factor. It will be great if we can have some practice for other steps.
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But, if it is aggregate over a policy year, why we don't limit the losses in the 1st table on the top?
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Can I say 100k is limit per claim per type of cost, 200k is per event per year?
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Thank you!
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Thank you for the reply. It would be great if you could provide your recommended answers under the new ASOP12. It could be under the "click" of the Battle Card.
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You are right. After doing more other related topics, in this case, the case study, we can get more idea about certain questions. Yeah, the case study is a really good example as explanation! Thanks!
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I have a related question. In the pencil-mark exercise
I also have one question about this one. In the CAS sample solution, they said, for Model Solution 2:
The following solution can be used IF AND ONLY IF the candidate stated that it’s a balanced plan
However, Model Solution 1…
Finally, I think the solution for question 3.7 in the source text (Page 107-110) explained what the authors mean about their warning. The issue is from if certain points are not used for the horizontal slicing method calculation (in the case, r =…
Hi,
Thank you for the reply. That covered my questions and make more sense to me now! You advice is good. By studying more, I can get better understanding on those similar concept. I just read in Robertson wiki page that:
Exc…
Hi,
Thank you for the explanation. That makes sense!
However, there is some cells where we can not type other than the gray zone. It could be some Excel bug. I will refer to you next time when I find one.
Good weekend!
CF…
Thank you! I got it now. The key word here is "industry" as you highlighted.
