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#581
02-25-2020, 06:04 PM
 therealsylvos Member CAS Join Date: Mar 2014 Posts: 17,748

Quote:
 Originally Posted by amp019372 Finishing up Sahasrabuddhe today. I like this paper. Other than applying CY trend to cumulative losses (which is annoying), it's very intuitive and feels like there's not much to memorize. I'm gonna start on Marshall tomorrow... Not looking forward to that.
I'm finishing up Saha right now as well . I thought it was fairly intuitive last year as well, but I definitely got thrown for a loop on the exam. If I'm not fresh on it, I think my intuition will run in a few different ways.
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#582
02-25-2020, 07:10 PM
 therealsylvos Member CAS Join Date: Mar 2014 Posts: 17,748

Actually, one thing isn't make intuitive sense to me. When adjusting our triangles, why do we multiply by the last row in the new layer column? Why are we trying to bring the historical triangle to the level it would be at today? Intuitively I would think we would want to bring to the B level of the cell of interest.
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#583
02-25-2020, 08:27 PM

Marshall

CF introduces two ways to calculate the risk margin, but it's not clear to me when to use which formula, although the first formula makes more sense to me...

Does anyone know the difference between the two?
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ACAS 7 8 9

Last edited by trueblade; 02-25-2020 at 08:38 PM..
#584
02-25-2020, 08:43 PM
 amp019372 Member CAS Join Date: Aug 2017 Location: Columbus, OH Studying for 7 College: B.S. University of TN, M.S. Ohio State Favorite beer: Spotted Cow Posts: 812

Quote:
 Originally Posted by therealsylvos Actually, one thing isn't make intuitive sense to me. When adjusting our triangles, why do we multiply by the last row in the new layer column? Why are we trying to bring the historical triangle to the level it would be at today? Intuitively I would think we would want to bring to the B level of the cell of interest.
I'm pretty sure that's just to account for trend and bring the triangle up to the level of the latest AY.
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#585
02-25-2020, 08:52 PM
 CasualFellow Member CAS AAA Join Date: Aug 2012 Posts: 86

Quote:
 Originally Posted by trueblade Marshall CF introduces two ways to calculate the risk margin, but it's not clear to me when to use which formula, although the first formula makes more sense to me... Does anyone know the difference between the two?

Are you looking at the 2020 version of the study guide? Past versions of the guide had the second formula but the latest version has the first formula. I took a look at the Marshall outline and I only see the first formula. Is there a spot where they are both showing up that I might be missing?

Thanks!
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#586
02-25-2020, 09:12 PM

Quote:
 Originally Posted by CasualFellow Hi trueblade, Are you looking at the 2020 version of the study guide? Past versions of the guide had the second formula but the latest version has the first formula. I took a look at the Marshall outline and I only see the first formula. Is there a spot where they are both showing up that I might be missing? Thanks!
Hi CF,

I was actually looking at the 2019 version and no wonder I saw both formulas. Thanks for your help.
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ACAS 7 8 9
#587
02-26-2020, 08:31 AM
 Actuary_Zero Member CAS Join Date: Jul 2018 Studying for Exam 7 Posts: 226

Hey,

What's your strategy for memorizing the tables from the papers? Sometimes I forget some of the numbers in the middle of the triangles.

Thanks,

-Zero
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#588
02-26-2020, 08:31 AM
 Abelian Grape Meme-ber                         Meme-ber CAS Join Date: Jul 2014 Favorite beer: Allagash Curieux Posts: 43,225

YOU GUYS GOT THIS
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#589
02-26-2020, 09:22 AM
 amp019372 Member CAS Join Date: Aug 2017 Location: Columbus, OH Studying for 7 College: B.S. University of TN, M.S. Ohio State Favorite beer: Spotted Cow Posts: 812

Quote:
 Originally Posted by Actuary_Zero Hey, What's your strategy for memorizing the tables from the papers? Sometimes I forget some of the numbers in the middle of the triangles. Thanks, -Zero
Usually it's best to screenshot a different table from the source each day and make it your desktop background at work. Then do all your work on one monitor while staring at the other.
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#590
02-26-2020, 09:28 AM
 Abelian Grape Meme-ber                         Meme-ber CAS Join Date: Jul 2014 Favorite beer: Allagash Curieux Posts: 43,225

I used to have framed headshots of each of the paper authors all over my desk when I studied. It works.
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