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Old 05-08-2019, 10:59 AM
be the good guy be the good guy is offline
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Default Introduction to ILA Track Module

Anyone plan on waiting for this new module rather than starting the FE module?
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Old 06-30-2019, 04:10 PM
be the good guy be the good guy is offline
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It looks like the module has been released. I wonder how challenging the end of module exercise might be for this module vs. the financial economics exercise.
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Old 09-10-2019, 06:56 AM
RiskyBusiness7 RiskyBusiness7 is offline
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has anyone started this module? I've barely made a dent, but am already frustrated with all the spelling errors etc
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Old 10-08-2019, 10:50 AM
skyrad skyrad is offline
 
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Just getting going with the EOM exercise. Want to get a group going?
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Old 10-21-2019, 08:54 AM
RiskyBusiness7 RiskyBusiness7 is offline
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Quote:
Originally Posted by skyrad View Post
Just getting going with the EOM exercise. Want to get a group going?
I'm working on this now.. how did you extend the NB strain calc for the jump in premium? just taking those years with negative earnings, or taking all the years in between?
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Old 10-22-2019, 10:10 AM
Destiny Destiny is offline
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Quote:
Originally Posted by RiskyBusiness7 View Post
I'm working on this now.. how did you extend the NB strain calc for the jump in premium? just taking those years with negative earnings, or taking all the years in between?
Based on the reading, new business strain is the first-year distributable earning expressed as a percentage of first-year premium. I assume that defines the initial strain.

Then for year 1-20, the strain should just be PV(distributable earnings)/PV(premiums) for those years...

Thoughts?

Thanks.
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Old 10-25-2019, 10:37 AM
Destiny Destiny is offline
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Quote:
Originally Posted by Destiny View Post
Based on the reading, new business strain is the first-year distributable earning expressed as a percentage of first-year premium. I assume that defines the initial strain.

Then for year 1-20, the strain should just be PV(distributable earnings)/PV(premiums) for those years...

Thoughts?


Thanks.

I take that back. What I read is correct.
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Old 11-05-2019, 03:19 PM
RiskyBusiness7 RiskyBusiness7 is offline
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I've also settled on that the new business strain is just the percentage mentioned above.

What are you guys experiencing for your reinsurance sensitivity? I'm seeing drops in all of my profit metrics, but the ratio calculated on the "Email calcs" tab makes me think it is wrong for my profit metrics to become worse.
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Old 11-05-2019, 07:29 PM
jann jann is offline
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I also have similar concern on the reinsurance scenario.
50% of the claims will be shared with reinsurer. But how do we know what premium are we paying the reinsurer? My profit is getting very large since I only add in the reinsurance allowance and reduction in claims on the spreadsheet.
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Old 11-06-2019, 07:12 AM
RiskyBusiness7 RiskyBusiness7 is offline
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Because it's proportional (pro rata) reinsurance as mentioned in the modules, you're sharing premiums & claims.
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