About IFoA IFoA_CAA_M0: Module 0 - Entry Exam

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IFoA IFoA_CAA_M0 Exam Syllabus Topics:

Topic	Details
Topic 1	Apply the principles of statistical inference to select suitable loss distributions for setsof claims
Topic 2	Derive the moment generating function of the sum of N independent random variables Risk models involving fr equency and severity distributions
Topic 3	Explain the concepts of excesses, deductibles, and retention limits Apply the average cost per claim method for estimating outstanding claim amounts
Topic 4	Define moments and moment generating functions Calculate the adjustment coefficient for a compound Poisson process in simple cases
Topic 5	Explain relationships between the different probabilities of ruin Risk models involving frequency an dseverity distributions
Topic 6	Describe the major simplifying assumptions underlying the models in 2(i) Describe the operation of simple forms of proportional and excess of loss reinsurance
Topic 7	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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