IFoA SA2 Practice Questions - IFoA SA2 Life Insurance Specialist Advanced Exam

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Under Solvency II / Solvency UK, technical provisions for business that cannot be reliably replicated by a hedging portfolio are calculated as the sum of which two components?

Statutory reserve plus a resilience reserve Gross premium reserve plus a Zillmer adjustment Best estimate liability plus a risk margin Market value of assets plus a prudential margin

Correct Answer:

Best estimate liability plus a risk margin

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