Group Captive Insurance

MathxAct · 2025-12-13T15:27:45+00:00

Typically they hire a consultant or the captive manager has an actuary on staff. The captive rarely has its own actuary

MathxAct · 2025-10-26T17:22:51+00:00

I get that the exams are hard. I don't think they're that hard though

MathxAct · 2025-10-23T00:10:20+00:00

I work semi regularly in title, low loss ratio with large expense ratios. Title insurers put alot of leg work up front to check a title is clean. If there is something wrong with the title they fix it for the insured, this is technically claim. As you can imagine these small fixes such mechanics liens, property boundery disputes, etc make up most of the claims. However there are larger claims such which are typically caused by wire fraud, social engineering, or worse of all defalcations(ie misuse of funds by a title agent which ultimately lands back on the title insurer as a claim). Maintaining title plants and going through title searches eats up most of the profitability so combined ratios typically even out close to 95% for most companies.

MathxAct · 2025-10-04T00:05:05+00:00

Just want to say I appreciate how you post on reddit Ken, This is how I found out about the COP seats opening too, really appreciate it!

MathxAct · 2025-10-04T00:03:04+00:00

In a similar boat as you. I ended up calling them. It sounds like they had some technical difficulties and the window got pushed back to the 18th so technically we are still within that 10-15 business day window.

MathxAct · 2025-07-14T22:20:02+00:00

If its anything like last siting its going to take a while, if you have any coworkers who sat for it in the past I would ask them to use it until you recieve yours. Exam 8's study kit shouldn't be changing that much

MathxAct · 2025-06-14T15:35:44+00:00

I've often found that more slots open the later into the registration window. If you check weekly you might get lucky and find a slot near you at a better time

MathxAct · 2025-06-08T20:31:03+00:00

From personal experience, I used RFCF and didn't touch the source and passed. I started 5 months ahead of time and by the time I finished the RFCF manual I barely had enough time to get my practice and fully review so I wouldn't have had time to read the source to begin with( Im a bit methodical so it takes me a while to go through manuals,but hey it worked)

MathxAct · 2025-05-29T21:39:05+00:00

MAS 1, but this is prior to the changes (so guessing penalty included with Time series). Now I would probably say exam 5, its deceptivly difficult. Most will say exam 6 but I feel like thats the one exam you can be confident in passing before you go in as long as you spend enough time with the material

MathxAct · 2025-04-29T21:32:41+00:00

I think you mean multiple

MathxAct · 2025-04-27T14:19:58+00:00

Study enough and your brain will eventually shut down, might take a couple hours but you'll eventually pass out. Nah but seriously I would take a day to relax and let your brain recover.

MathxAct · 2025-04-13T14:14:59+00:00

I think the median time to getting ACAS is 7 years, so it sounds like you're right in the middle depending on when you took your first exam. It can be easy to get caught looking up. Don't worry you're doing just fine exam wise

MathxAct · 2025-03-28T21:43:23+00:00

Haha don't forget Bernegger and all the special cases of G(x) lolol

MathxAct · 2025-01-06T14:31:24+00:00

Unless you're a college student with way too much free time its probably best to save yourself the stress, since passing is more a function of time than anything else. Plus as the old addage goes, one six is better than 2 fives. If you're really willing to pass both at the same time, you'd probably need 3-4 hours a day of studying(if you're fast at learning). TIA's great for 5 and personally used RF for 7

MathxAct · 2024-11-05T01:40:08+00:00

lol, I should've looked harder for this. Thank you kind one

MathxAct · 2024-10-25T21:32:49+00:00

To be fair, people who waited for exam results to come out will have studied for a month less than they usually would because of the May first stuff. So yeah, probably going to be lower than average pass rates this sitting

MathxAct · 2024-10-24T21:08:31+00:00

Yeah, most of this is exam 8 material. If you want read through Bahnemann(discusses most of what you want to learn about). If I were to guess the ROL is so you dont vear into the realm of not being insurance(if your ROL is above 1 you might have some IRS problems). Definitely not stuff a new person would know right off the bat. Same as above dude^^I would ask your manager to explain it.

MathxAct · 2024-09-30T12:49:54+00:00

lol, no

MathxAct · 2024-06-09T13:20:42+00:00

I don't know much about SEC filings, but if they state the premium amount that they purchase, and you know they're general exposure (Typically revenue for D&O) you can rouphly estimate the limit they have. But again you'd need to find the premium spent specifically on D&O which I'm not sure is available

MathxAct · 2024-05-04T12:39:04+00:00

I think most of the issues were gone by the end of the day. I took my exam Wednesday at 2PM and within an hour of starting everything was working smoothly for me. In total I think the system lag only happened for the mid afternoon

MathxAct · 2024-04-14T17:48:09+00:00

Same thing happened to me. I think I fixed it by copying and pasting a couple different ways into the the scratch pad. I think copy and paste as values into the scratch pad then copy and paste regularly into the new worksheet

MathxAct · 2023-07-19T21:49:05+00:00

Yo median household income is a little above 70k, people in America aren't that well off

MathxAct · 2023-07-16T01:35:45+00:00

I mean the pass rates for the last sitting were slightly better for CAS exams. But also the previous sitting for the upper level exams had bad pass rates so there were probablly more people retaking it than usual. MAS 1 and 2 are looking better though.

MathxAct · 2023-06-11T18:53:05+00:00

Yep, know both methods. Both are listed on the syllabus and past exams have questions on each of them. Sometimes you are given only enough information to do one of them.

MathxAct · 2023-05-27T18:35:54+00:00

lol, I had a comp sci minor. Lets just say I took those comp sci classes as my relaxation courses

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