While the Insitute and Faculty has confirmed earlier that it will not be holding the upcoming April written assessments in examinations centres due to the ongoing Covid-19 pandemic, the confusion …
The IFoA has confirmed that they will not be holding April 2020 written assessments in examination centres but are looking at the options of online or postponement.
United states has 2 Actuarial societies namely:1. Casualty Actuarial Society (CAS)2. soa” 15967 target=”_blank”>soa" 15967 target="_blank">Society of Actuaries (SOA) Key distinction between CAS AND SOA While this article is meant to explain …
CM1 is one of the most basic and important paper and is widely applicable in real life. It is a combination of CT1 & CT5 and now also includes excel …
ACET Exam is conducted by Institute of Actuaries of India (IAI). ACET Admit card is released by the IAI. The exam is held thrice times a year. ACET is a …
We have received great number of questions on how to become an Actuary or persue Actuarial Science, when to start writing exams, give exams, which papers to clear, how many …
CA2 / CP2 exam – Tips and Strategies for Paper 1 The article was originally written by Chmel Oon for clearing cp2 exam Paper 1. We thank Chmel for allowing …
CM1 is one of the most basic and important paper and is widely applicable in real life. It is a combination of CT1 & CT5 and now also includes excel …
6 Strategies for Overcoming Failures in Actuarial Science
As the new curriculum 2019 has been released, there are major debates over the changes in the structure of both the Actuarial Societies (IFOA vs IAI). There were many students …
Clearing CB1 (formerly CT2) is not as hard as it looks. Business Finance provides the theory and application of corporate finance as well as the main elements of companies’ financial …
Actuarial Failure. Can you tell me one successful person, who got successful without facing failure in life? If everyone fails, will that be considered as failure or step in learning. …
The first question occur to mind what is granualarity and how is it that important for a General Insurance business? Breaking down Granularity Granularity is subdivision. If the business is …
This is a short summary explaining Industry Loss Warranties (ILWs). ILW is explained in detailed in Actuarial SP7 subject (formerly ST7). Definition of ILW Industry loss warranties (ILWs) are a type of reinsurance contract where the basis of cover is not indemnity, i.e. repayment of actual losses suffered. Protection is based on the total loss arising from an event to the entire insurance industry rather than individual insured company’s own losses. Trigger Event for ILWs The original size of the industry loss is used as a trigger for eligibility to a recovery. …