For the ILF formula Bahnemann uses
(E[X;l] + ALAE)/(E[X;b] + ALAE)
This seems similar to the way Sahasrabuddhe set up his formula in the Exam 7 paper where he also uses policy limit/ basic limit to find the ldf for the policy limit.
Am I correct in assuming that the 2 concepts are the same or at least very similar with the main difference between that Sahasrabuddhe is deriving ldfs and Bahnemann is deriving ilfs?
Announcement from the CAS regarding Exam 8:
"For a small handful of less than 1 point spreadsheet items, partial credit is not available. It will be scored as an “all-or-nothing” system. Candidates must provide the correct answer in the highlighted cell to receive full credit. "
They also listened to candidate feedback and you no longer have to copy answers from part to part.