Is anyone clear on the difference between a single purpose reinsurer (CAT bonds) and a special purpose vehicle (e.g. sidecars)? They are both reinsurance companies, right?
Is it just in their activity? SPRs act as a third party to disburse funds in an event or return funds+interest, while a special purpose vehice is actually in the business of insurance (collecting premiums and paying claims)?
I think sidecars are potentially not reinsurance, but shady side work.
Has anyone been able to register for the spring sitting?
I canāt select a source in the dropdown and wasnāt sure if itās just me or itās the CAS.
Registration is supposed to open tomorrow
Well thatās embarrassing!
The holidays have my days all mixed-up, so thank you!
Still canāt register without getting some line error
I was just able to register. In it for FCAS
me too, just registered
The link in exams®istration didnāt work for me (line error). Then I ended up in the online store and there was an Exams link that took me to a different registration page.
Thanks, that worked
Got my PearsonVue email. Looks like The Force will be with me on exam day.
Iām registering now. There are two options for exam location: Pearson Vue Center and Pearson Vue Testing Center. Does anyone know the difference?
One is allowed, one is not. I canāt remember which is which.
Itās sort of like the difference between āowned and operated byā and āwe have a spare room we want to set up as a test center.ā
Or maybe Iām mixed up if they are actually giving you both options.
FWIW Iāve taken exams at two different Pearson sites. They are both called āPearson Professional Centersā in my list of options.
Itās the first week of January, so I guess itās time to start studying for this thing. Re-upped my CF/RF subscription from last time.
If one is allowed and one isnāt, thatās just really stupid considering they donāt seem to say anywhere what the difference is.
Hopefully it just doesnāt matter and the CAS sees that I registered for a spring exam and they send the necessary info to Pearson Vue regardless of the choice made.
Hereās from the old FAQ:
Q: Why are my location choices only Pearson Professional Centers? (Updated July 24, 2020) A: CAS has chosen to offer exams in the Pearson Professional Centers only, due in part to the higher level of security, consistent check in procedure, and testing environment they offer for our high stakes exams. The centers are owned and operated by Pearson VUE; no third parties are involved, except in rare circumstances in three countries where Pearson VUE does not have any testing centers.
And from a random Google page:
What is the difference between a Pearson Professional Center and a Pearson VUE Authorized Test Center? The key difference is that Pearson Professional Centers are owned and operated by Pearson VUE, providing more control over the environment. Pearson VUE Authorized Test Centers are third party test centers that have contracted with Pearson VUE to deliver high-stakes exams. They are found in training centers, academic institutions, corporations, correctional facilities and U.S. military installations around the globe.
The descriptions you used are different from both of these, so I donāt know what that means. My testing location is āPearson Professional Centers-City, Stateā.
Started reading on BKM. Anyone interested in forming a small study group?
Iām aiming for something like
For me this is mainly to give myself the extra accountability. Sharing knowledge gained from source material is a nice added bonus.
