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Search: Posts Made By: CASualty
Forum: Exam 6 CANADA - Regulation and Financial Reporting 10-30-2014, 01:14 PM
Replies: 7
Views: 1,693
Posted By CASualty
I guess I will have to look into the detailed...

I guess I will have to look into the detailed BCAR calcs in more detail the inevitable next time I write this exam :(
Forum: Exam 6 CANADA - Regulation and Financial Reporting 10-29-2014, 02:26 PM
Replies: 7
Views: 1,693
Posted By CASualty
Most of the accounting calculations involved...

Most of the accounting calculations involved algebra tricks where you had to back into a factor (which isn't really that crazy, but could throw someone off). I agree that it was definitely more...
Forum: Exam 6 CANADA - Regulation and Financial Reporting 10-30-2013, 02:06 PM
Replies: 12
Views: 1,849
Posted By CASualty
It is in the "Examiner's Report" section of the...

It is in the "Examiner's Report" section of the solutions to the 2012 6C exam. It is the first page of the solutions (i.e. on page 43 of the PDF).
...
Forum: Exam 6 CANADA - Regulation and Financial Reporting 10-30-2013, 02:05 PM
Replies: 12
Views: 1,849
Posted By CASualty
In last year's examiner's report, they stated the...

In last year's examiner's report, they stated the following:

"In particular, the exam committee believes the knowledge required by a qualified Canadian P&C actuary on Section B (Government and...
Forum: Exam 7 - Estimation of Policy Liability & ERM 06-26-2013, 03:12 PM
Replies: 89
Views: 18,494
Posted By CASualty
Thanks for the clarification :)

Thanks for the clarification :)
Forum: Exam 7 - Estimation of Policy Liability & ERM 06-26-2013, 03:07 PM
Replies: 89
Views: 18,494
Posted By CASualty
Didn't the CAS once says that they would never...

Didn't the CAS once says that they would never post results prior to 3:30PM?
Forum: Exam 7 - Estimation of Policy Liability & ERM 06-26-2013, 12:32 PM
Replies: 89
Views: 18,494
Posted By CASualty
Thanks, I did find that before but that doesn't...

Thanks, I did find that before but that doesn't look like the page I'm familiar with. The one I'm thinking of had the exams listed, and would specify "No exam results will be released today" (which...
Forum: Exam 7 - Estimation of Policy Liability & ERM 06-25-2013, 06:02 PM
Replies: 89
Views: 18,494
Posted By CASualty
Does someone have a link to where the results...

Does someone have a link to where the results will be posted? They usually have a page that will confirm at 3:30PM that results are not going to be released for the day.
Forum: Exam 5 - Ratemaking/Reserving 04-30-2013, 10:13 PM
Replies: 247
Views: 28,259
Posted By CASualty
I thought the exam was too easy. It will have to...

I thought the exam was too easy. It will have to have a really high passing mark or the passing ratio will be way too high.

Just kidding . . . I didn't write this exam, but it sounds like the...
Forum: Old Part 5 (Ratemaking) 04-30-2013, 09:41 AM
Replies: 21
Views: 6,284
Posted By CASualty
Vorian, I wasn't being serious . . . at least,...

Vorian, I wasn't being serious . . . at least, not completely ;)

If you were the only one writing in your test centre, maybe the noise wouldn't matter? The proctor might have trouble working with...
Forum: Old Part 5 (Ratemaking) 04-29-2013, 10:29 PM
Replies: 21
Views: 6,284
Posted By CASualty
I'm not suggesting that you type the entire exam...

I'm not suggesting that you type the entire exam -- just the essay questions :)
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 10:25 PM
Replies: 209
Views: 21,556
Posted By CASualty
I gave pretty much the exact same response to...

I gave pretty much the exact same response to both -- hope they're right :)
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 10:08 PM
Replies: 209
Views: 21,556
Posted By CASualty
I didn't think the coverage of the syllabus was...

I didn't think the coverage of the syllabus was even remotely appropriate. There were huge portions missing (like Copulas) and other parts were over-emphasized (like Marshall).
Forum: Old Part 5 (Ratemaking) 04-29-2013, 09:56 PM
Replies: 21
Views: 6,284
Posted By CASualty
As far as I'm aware, there's nothing in the exam...

As far as I'm aware, there's nothing in the exam rules stating that you can't bring in a typewriter ;)
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 09:26 PM
Replies: 209
Views: 21,556
Posted By CASualty
Even if you stated that you memorized them, would...

Even if you stated that you memorized them, would that be enough for full points? It's hard to tell exactly what they're looking for, since more points come from the approach you take than from your...
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 09:23 PM
Replies: 209
Views: 21,556
Posted By CASualty
The TIA coverage of Marshall was reasonable, but...

The TIA coverage of Marshall was reasonable, but they really should have had some practice problems and a review note. I found the video/notes to be disorderly. I had to make my own summary just so...
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 09:19 PM
Replies: 209
Views: 21,556
Posted By CASualty
I wasn't surprised to see the CY test on this...

I wasn't surprised to see the CY test on this exam since it appeared on the 2011; however, I bet the people writing in 2011 were surprised to see it!
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 08:56 PM
Replies: 209
Views: 21,556
Posted By CASualty
You're right -- I was thinking about the...

You're right -- I was thinking about the benchmarking process used to quantify CoV values rather than the "Internal Benchmarking" additional test, which was like the only test of the four...
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 08:50 PM
Replies: 209
Views: 21,556
Posted By CASualty
Maybe I'm thinking of a different question, or...

Maybe I'm thinking of a different question, or perhaps there were multiple ways to solve it. Or more likely, my brain is fried and I didn't answer it correctly at all :P

Whatever the question...
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 08:35 PM
Replies: 209
Views: 21,556
Posted By CASualty
I basically wrote down some crap about how to...

I basically wrote down some crap about how to perform a benchmarking process in general --rate certain risk criteria (like reconciliation processes, number of models, etc.), calculate a weighted...
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 05:56 PM
Replies: 209
Views: 21,556
Posted By CASualty
I think I had some idea of the Marshall...

I think I had some idea of the Marshall correlation problem. Not sure if it's right, but I did this:

1.) Multiply the weights and CoV values to get a three-cell vector

2.) Create a 3x3...
Forum: Exam 7 - Estimation of Policy Liability & ERM 04-29-2013, 05:38 PM
Replies: 209
Views: 21,556
Posted By CASualty
Agreed, haha! I wonder if it was just a...

Agreed, haha! I wonder if it was just a screen-to-paper translation error?
Forum: Exam 7 - Estimation of Policy Liability & ERM 01-03-2013, 01:30 PM
Replies: 62
Views: 16,230
Posted By CASualty
From what I have briefly seen in the sample...

From what I have briefly seen in the sample article summaries posted on the website, it looks like CasualFellow has created an excellent study manual. I used TIA last year and it was very...
Forum: Exam 7 - Estimation of Policy Liability & ERM 05-09-2012, 04:33 PM
Replies: 123
Views: 14,992
Posted By CASualty
I tend to avoid AO before exams because it freaks...

I tend to avoid AO before exams because it freaks me out to see how prepared you guys are -- I'm more talkative afterwards :-P
Forum: Exam 7 - Estimation of Policy Liability & ERM 05-09-2012, 12:11 PM
Replies: 123
Views: 14,992
Posted By CASualty
I wasn't surprised. Since it's only the second...

I wasn't surprised. Since it's only the second sitting for exam, I think they wanted there to be at least some level of similarity with the previous exam. It wouldn't be very nice of them if they...
Showing results 1 to 25 of 300

 

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