Education and Career Forum

The instructions to the question paper clearly state that the answers to the questions should be pertaining to situations in India, and very thorough in their content. The students are advised to strictly stick to the materials provided for in the core reading syllabus: which is Actuarial Education Company and the IRDA Regulation rules. This should also be maintained in any quotations in the answer, too. There are 2 descriptive questions and both are compulsory, the students must take care to begin each answer on a separate page. The common questions include a small comprehension passage based on which the questions are set. Some of the questions are: a general insurance company in its 10th year of operation has ventures in four types of businesses, the total premium amount for a particular year is given, and so is the percentage of LOB’s. The students are then asked to work out the methods of INBR reserving methods that the company must use in various years of operation.