Feb 27, 2021 · Hi everyone, Just wondering if you are writing the Feb 2021 version of FA and have an idea of what’s meant by the “reserves” in Task 3?

Sep 6, 2022 · Think of it this way: reserves are like a rainy day fund for the insurance company. They set aside money to cover potential future claims and maintain financial stability.

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Viewing topic 1 (of 1 total) About Us. DW Simpson; Actuary Exam Tutor