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 …
CAS (Casualty Actuarial Society): Pathway, Exams, and Careers
The Casualty Actuarial Society (CAS) is the US-based professional organization for property & casualty (P&C) actuaries. It administers the exam and credentialing process for P&C actuaries, awarding the Associate (ACAS) …
CM1 Chapters Summary & Excel tips
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 Guide – Actuarial Common Entrance Test Actuarial from IAI
A guide to preparing for the Actuarial Common Entrance Test (ACET) The actuarial common entrance test is popularly referred to as ACET. The exam is administered three times per year …
CA2 / CP2 exam Paper 1 – Tips and Strategies
CA2 / CP2 exam – Tips and Strategies for Paper 1 The article was originally written by Chmel Oon for clear cp2 exam Paper 1. We thank Chmel for allowing …
CM1 Tips & Tricks
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
6 Strategies for Overcoming Failures in Actuarial Science
How convexity and duration are used to solve real business problems
How convexity and duration are used to solve real business problems. But before moving to that let’s first understand what convexity and duration actually is! Duration (or modified duration) is …
IFOA vs IAI: Current trends and Future analysis
The new curriculum of 2019 brought huge changes in the IFoA & IAI exam structure. There are major debates over the changes in the structure of both the Actuarial Societies …
CB1 Actuarial Business Finance (CT2) Syllabus & Exam Strategy
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 …
FAIL. How to overcome failure in actuarial!
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. …
Importance of Granularity in General Insurance
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 …
Industry Loss Warranties – ILWs
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. …
Career as an Actuary in India and Actuarial Syllabus
How to become an Actuary: Actuary in India The Institute of Actuaries of India (IAI) regulates the education & training of actuaries in India. When a student becomes a member …
Masters in Actuarial Science: Real Life Experience of an Indian
Masters in Actuarial Science from abroad is always a question of high doubt and discussion. To help you solve your doubts we have already published an article on Masters in …