Separate names with a comma.
Hi all, I was reading the answer to the question "how embedded value moves when the actual experience is worse than the EV projection basis" I...
Hi, In Sept 2011, Q4 part iii, Can you please explain how increasing the level of prudence will impact EV of With Profit contracts in 2 parts i.e...
Hi, Could you please help me to understand the following - EV related questions: Que 1: Could you please confirm to me the various ways in which...
Hello, I am bit confused on "Return on in-force business" item for determining the analysis of change in EV calculation. (let's Define EV as=...
Q:1 Core reading said that if Supervisory reserves are taken as prudent then do not consider Lapses. If supervisory reserves are realistic (market...
Ques 1 - Ch20 - Valuing mortality option --I did not understand the italic line here -- " " " An alternative assumption would therefore be that...
Hi In the revision books, the answer for this question says that it is assumed that the non-unit reserves do not increase with interest. Firstly,...
Is the return on opening surplus calculation under Analysis of surplus the same as the return on net assets calculation under Embedded value. AoS...
I understand that EV relates to profits arising from existing business. 1. Does goodwill witihn the appraisal value relate to expected future...
What is meant by agency costs? This is in relation to the EV
Question 7iii of ST2 Septemeber 2009 compares embedded value assumptions against assumptions used to calculate statutory reserves. 1. I assume...
Q7iii of September 2009 discusses how the assumptions under embedded value compare to those used to calculate any supervisory reserves. For tax...
I've read in a past paper solution that the embedded value equals the "present value of shareholder transfers. e.g. as generated by bonus...
Why must embedded value basis be "best estimate"? I see in chapter 18 page 15 it is said that EV basis is more likely to be best estimate.
It may help to think of calculating the PVIF as follows: Allocate assets to the reserve (this may be BEL only if the Risk Margin is allowed for...
Hi, Ref 1: CMP, Ch 19, p.12, "Principle 8" Ref 2: Q&A Bank, Part 4, Solution to question 4.4(iii) Could you please comment on the status of a...
Hi, Ref: Q&A bank, Part 4, solution to question 4.4(ii) With respect to EV, are the terms PVIF and PVFP not interchangeable? The notes (CMP,...
I'm a bit confused about the EV for WP business: PVIF = (PV of projected cashflows) - (PV of change in reserve) = (a) - (b). I'm not sure how to...
Chapter 13, page 17: core reading text says "For without profits business, embedded value is effectively the release of any margins within the...
