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IFoA IFoA_CAA_M0 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Apply the basic chain ladder method for completing the run-off triangle
  • Define the probability of ruin in infinite
  • finite and continuous
  • discrete time
Topic 2
  • Explain the concepts of excesses, deductibles, and retention limits
  • Apply the average cost per claim method for estimating outstanding claim amounts
Topic 3
  • Explain what is meant by the aggregate claim process and the surplus process for a risk
  • Define the adjustment coefficient for a compound Poisson process
Topic 4
  • Apply the principles of statistical inference to select suitable loss distributions for setsof claims
Topic 5
  • Demonstrate how the basic chain ladder method can be adjusted to make explicitallowance for inflation

Reference: https://actuaries.org.uk/qualify/my-exams/certified-actuarial-analyst/

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