Difference between revisions of "Werner08.Indication"

From CAS Exam 5
Jump to navigation Jump to search
(BattleTable)
(BattleTable)
Line 25: Line 25:
 
|| [https://www.battleacts5.ca/pdf/Exam_(2017_1-Spring)/(2017_1-Spring)_(13).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2017.Spring #13)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2017_1-Spring)/(2017_1-Spring)_(13).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2017.Spring #13)'''</span>
 
|| '''calculate:''' <br> - ultimate loss (capped)
 
|| '''calculate:''' <br> - ultimate loss (capped)
|| '''calculate:''' <br> - indicated rate change
+
|| '''calculate:''' <br> - rate change
 
|| '''reasons for:''' <br> - not taking full indication
 
|| '''reasons for:''' <br> - not taking full indication
  
Line 36: Line 36:
 
|-
 
|-
 
|| [https://www.battleacts5.ca/pdf/Exam_(2016_2-Fall)/(2016_2-Fall)_(08).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Fall #8)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2016_2-Fall)/(2016_2-Fall)_(08).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Fall #8)'''</span>
|| '''calculate:''' <br> - indicated rate change
+
|| '''calculate:''' <br> - rate change
 
||  
 
||  
 
||
 
||
Line 42: Line 42:
 
|-
 
|-
 
|| [https://www.battleacts5.ca/pdf/Exam_(2016_2-Fall)/(2016_2-Fall)_(09).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Fall #9)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2016_2-Fall)/(2016_2-Fall)_(09).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Fall #9)'''</span>
|| '''calculate:''' <br> - indicated rate change
+
|| '''calculate:''' <br> - rate change
 
||  
 
||  
 
||
 
||
Line 54: Line 54:
 
|-
 
|-
 
|| [https://www.battleacts5.ca/pdf/Exam_(2016_1-Spring)/(2016_1-Spring)_(06).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Spring #6)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2016_1-Spring)/(2016_1-Spring)_(06).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Spring #6)'''</span>
|| '''calculate:''' <br> - indicated rate change
+
|| '''calculate:''' <br> - rate change
 
|| '''reasons for:''' <br> - profit & contingency provision
 
|| '''reasons for:''' <br> - profit & contingency provision
 
|| '''methods:''' <br> - pure premium vs loss ratio
 
|| '''methods:''' <br> - pure premium vs loss ratio
Line 60: Line 60:
 
|-
 
|-
 
|| [https://www.battleacts5.ca/pdf/Exam_(2016_1-Spring)/(2016_1-Spring)_(08).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Spring #8)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2016_1-Spring)/(2016_1-Spring)_(08).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2016.Spring #8)'''</span>
|| '''calculate:''' <br> - indicated rate change
+
|| '''calculate:''' <br> - rate change
 
||  
 
||  
 
||
 
||
Line 66: Line 66:
 
|-
 
|-
 
|| [https://www.battleacts5.ca/pdf/Exam_(2015_1-Spring)/(2015_1-Spring)_(09).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2015.Spring #9)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2015_1-Spring)/(2015_1-Spring)_(09).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2015.Spring #9)'''</span>
|| '''calculate:''' <br> - indicated average rate
+
|| '''calculate:''' <br> - average rate
 
||  
 
||  
 
||
 
||
Line 72: Line 72:
 
|-
 
|-
 
|| [https://www.battleacts5.ca/pdf/Exam_(2014_2-Fall)/(2014_2-Fall)_(07).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2014.Fall #7)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2014_2-Fall)/(2014_2-Fall)_(07).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2014.Fall #7)'''</span>
|| '''calculate:''' <br> - indicated rate change
+
|| '''calculate:''' <br> - rate change
 
||  
 
||  
 
||
 
||
Line 78: Line 78:
 
|-
 
|-
 
|| [https://www.battleacts5.ca/pdf/Exam_(2014_1-Spring)/(2014_1-Spring)_(05).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2014.Spring #5)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2014_1-Spring)/(2014_1-Spring)_(05).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2014.Spring #5)'''</span>
|| '''calculate:''' <br> - indicated rate change
+
|| '''calculate:''' <br> - rate change
 
|| '''assess:''' <br> - complement of credibility
 
|| '''assess:''' <br> - complement of credibility
 
||
 
||
Line 96: Line 96:
 
|-
 
|-
 
|| [https://www.battleacts5.ca/pdf/Exam_(2013_1-Spring)/(2013_1-Spring)_(05).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2013.Spring #5)'''</span>
 
|| [https://www.battleacts5.ca/pdf/Exam_(2013_1-Spring)/(2013_1-Spring)_(05).pdf <span style='font-size: 12px; background-color: yellow; border: solid; border-width: 1px; border-radius: 5px; padding: 2px 5px 2px 5px; margin: 5px;'>E</span>] <span style='color: red;'>'''(2013.Spring #5)'''</span>
|| '''calculate:''' <br> - indicated rate change
+
|| '''calculate:''' <br> - rate change
 
||  
 
||  
 
||
 
||

Revision as of 15:48, 9 December 2019


Study Tips

BattleTable

Based on past exams, the main things you need to know (in rough order of importance) are:

  • fact A...
  • fact B...
reference part (a) part (b) part (c)
E (2017.Spring #5)
E (2017.Spring #13) calculate:
- ultimate loss (capped)
calculate:
- rate change
reasons for:
- not taking full indication
E (2016.Fall #7) calculate:
- U/W profit provision
reasons for:
- variations in U/W profit
E (2016.Fall #8) calculate:
- rate change
E (2016.Fall #9) calculate:
- rate change
E (2016.Spring #1) calculate:
- on-level loss ratio
E (2016.Spring #6) calculate:
- rate change
reasons for:
- profit & contingency provision
methods:
- pure premium vs loss ratio
E (2016.Spring #8) calculate:
- rate change
E (2015.Spring #9) calculate:
- average rate
E (2014.Fall #7) calculate:
- rate change
E (2014.Spring #5) calculate:
- rate change
assess:
- complement of credibility
E (2013.Fall #4) calculate:
- rate change (2-step trend)
E (2013.Spring #3) recommend improvements:
- to rate indication
E (2013.Spring #5) calculate:
- rate change

In Plain English!

POP QUIZ ANSWERS