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Author, Instuctor and Seminar Provider
Posts: 1,634
Join Date: Mar 2005
Location: Illinois, USA
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March 20th 2007, 04:07 PM
Quote:
Yours, Krzys' |
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Actuary.com - Level VII Poster
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March 20th 2007, 04:26 PM
Quote:
When you say "initial reserve", what period (i.e., initial reserve for year ___) are you referring to? Because my notation seemed to be consistent with the concept that the initial reserve for any year is the sum of the premium applicable for that year plus the terminal reserve at the end of the prior year. By the way, Course 7 in Chicago in December was a great experience, and it's a shame to see that opportunity falling by the wayside for the SOA exams. |
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(#5)
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Author, Instuctor and Seminar Provider
Posts: 1,634
Join Date: Mar 2005
Location: Illinois, USA
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March 21st 2007, 02:16 AM
Quote:
Yours, Krzys' |
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