All solutions to past exam problems have now been posted. On the Canadian seminar site, you should see a new section at the very bottom containing exam solutions. I also included an Introduction video. Please watch the video and let me know if you have any questions on where to find things. Thanks.
I have posted solutions to the 2009 CSP exam.
Also an analysis of past exams, which covers all of the 8I (US) exams and CSP exams.
Anita
I have posted a short recording about the case study.
Hope your studying is going well.
Anita
I hope everyone’s studying is going great. At this point, you may be feeling a bit overwhelmed, but remember you have plenty of time before the exam arrives. Just stick with a regular study habit, and in no time, those concepts will start coming together for you.
Anita and I are both still working on the next pieces of the online seminar. These include solutions to a number of prior exam problems as well as other practice problems. We will most likely have these items ready for you around mid March, which leaves you plenty of time to take them in before the exam date.
So keep up the good work and stay focused on beating this exam!
There was a error in the calculations of the fund value for age 97: The correct COI is 14,181, and the interest is 1,444, giving a fund value of 27,694.
This will give a ratio r = 0.6323
Reserve = 14,541 - 5,586 = 8,954
Anita
Additional drill problems have been posted in sections A, B, and E. This will be the last set of drill problems posted until March. In March, we will post some additional drill problems from the material covered by Anita.
Next, we will be posting solutions to past CSP exam problems that are relevant to the current syllabus. I don’t have a firm timeline set for these right now, but they should be ready in the next few weeks.
You now have a new link next to the video and download icons on the seminar site. This is available for all seminars (US and Canadian).
In my last post, I announced that some drill problems are now available on the Canadian site. If you have already downloaded the drill problems in section A, please do so again. I’ve added 3 more of Anita’s drill problems that are applicable to the Canadian exam.
The 3 additional problems (numbers 5-7) correspond to the study note “ILA-C625-10: Market Value Margins for Insurance Liabilities in Financial Reporting and Solvency Application.” On the US syllabus, this study note is ILA-807-09, but the material is the same. Thanks.
Drill problems are now posted in most sections of the seminar. All of the ones in this first set were written by Anita. If you see “(Anita)” in the drill problem set name, please direct any questions about the exercises to Anita. In some cases, you may notice that a few question numbers are skipped. This is because some of Anita’s exercises pertain only to the US exam, so I removed or struck those out. I left the original question number on each exercise so that she will know which problem you’re referring to if you have any questions for her. I hope this makes sense; if it doesn’t, please let me know.
I will be putting up additional drill problems in the coming weeks.
All lessons have been posted on the Canadian seminar site. I also posted a zip file in the Introduction section that contains lesson outlines for all lessons in the seminar. Several of you requested that I put these into one file for more efficient downloading. Note that these are the same lesson outlines that are posted at the lesson level on the site, so if you have already downloaded most or all of the lesson outlines, it is probably not necessary to download the aggregate zip file. The outlines that show my highlighting and notes can be found in the downloads at the lesson level.
Now that all lessons are posted, I will begin putting up drill problems in the coming weeks.