Actuarial Notes

CAS Exam 6C Fall 2014, Question 8

Study guide: Exam 6C

The insurance industry supports a reform of key legal principles within the Canadian tort system in order to achieve claims stability and predictability.

Part a (1.5 points)

Discuss three amendments to the tort system that may stabilize insurance costs.

Part b (0.75 points)

Briefly describe arguments against each of the amendments described in part a. above.

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Concepts tested

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