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Cat 1 2020 - 2021 - Model Solutions

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CAT 1 2020_2021 - MODEL SOLUTIONS (1)

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Solutions for the sample questions

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Cat 1 2020 - 2021 - Model Solutions

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Solutions for the sample questions

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Q1.

Examiners’ comments: Candidates tended to concentrate on the unusual feature of the contract the downside guarantee.
Many of the marks available for the standard considerations such as expense risk and mortality risk were missed. Marks were
available for a wide range of points, and most candidates earned a good number of them.
Q2.
Q3.

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