Actuarial Notes (study manuals)
General Overview

Number of pages: Approximately 1,100 (Vol 1 and 2)

Volume 1: Ins Law & Regulation. Covers Sections A-C of the CAS Syllabus of Examinations. Available 12/28/09.

Volume 2: Financial Reporting and Taxation Covers Section D of the CAS Syllabus. Available 12/28/09.

Changes And New Additions for the 2009 Syllabus Readings

  • NEW 2009 Insurance Expense Exhibit.
  • NEW A.M. Best, Review of the Excess and Surplus Lines
  • NEW  Bartlett, D.K.; Klein, R.W.; and Russell, D.T., “Attempts to Socialize Insurance Costs in Voluntary Insurance Markets: The Historical Record,” Journal of Insurance Regulation, Summer 1999, pp. 478-511, excluding the examples on pp. 487–511.
  • NEW  Porter, K., Insurance Regulation (First Edition), American Institute of Chartered Property Casualty Underwriters/Insurance Institute of America, 2008, Chapters 2 (excluding 2.19-2.28), 3 (excluding 3.21 from Other Interest Groups-3.26), 4, 5, 6 (pp. 6.11–6.17 stopping at Licensing Priority and Process), 8 (pp. 8.15 beginning at Regulatory Practices–8.21 ending at Underwriting Cycle), 11 and 12.
  • NEW Williams, O., “Federal Emergency Management Agency, Ongoing Challenges Facing the National Flood Insurance Program,” Testimony Before the Committee on Banking, Housing and Urban Affairs, U.S. Senate, October 2, 2007.
  • UPDATED Committee on Property and Liability Financial Reporting, American Academy of Actuaries, "Property and Casualty Practice Note, Statements of Actuarial Opinion on P&C Loss Reserves as of December 31, 2008."
  • UPDATED NAIC, Accounting Practices and Procedures Manual, 2009, Preamble.
  • UPDATED NAIC, Accounting Practices and Procedures Manual, 2009, Statement of Statutory Accounting Principles 53, "Property Casualty Contracts-Premiums," paragraphs 1-17.
  • UPDATED NAIC, Accounting Practices and Procedures Manual, 2009, Statement of Statutory Accounting Principles 62, "Property and Casualty Reinsurance," paragraphs 1-82.
  • UPDATED NAIC, Accounting Practices and Procedures Manual, 2009, Statement of Statutory Accounting Principles 65, "Property and Casualty Contracts," paragraphs 1-45.
  • UPDATED NAIC, "NAIC Insurance Regulatory Information System," 2009, Section II, Property/Casualty Ratios, pp. 5-29.

Links to excerpts from the manual are given below. Print out the content and then compare our summarizations within these excerpts to the corresponding pages from the syllabus readings. These excerpts are fair representations of the quality you can expect from all our articles and solutions to past CAS exam questions.

Exam 7 Study Manual Excerpts - "Reinsurance Accounting: Schedule F" - Feldblum, S.

Solutions to Past CAS Questions 2000 - Part 7 - Question 97 and Solution

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