Actuarial Notes

CAS Exam 6C Fall 2014, Question 6

Study guide: Exam 6C

Part a (0.75 points)

Identify the three purposes of punitive damages.

Part b (0.75 points)

Fully describe the standard of punitive damages award set by the Supreme Court of Canada in the case of Whiten v. Pilot.

Part c (1.25 points)

Identify five proportionality dimensions that a fair punitive damage award must examine.

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Concepts tested

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