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IFoA IFoA_CAA_M0 exam : Module 0 - Entry Exam

IFoA_CAA_M0 Exam Simulator
  • Exam Code: IFoA_CAA_M0
  • Exam Name: Module 0 - Entry Exam
  • Updated: Jun 03, 2026
  • Q & A: 65 Questions and Answers
  • IFoA IFoA_CAA_M0 Q&A - in .pdf

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IFoA IFoA_CAA_M0 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Define moments and moment generating functions
  • Calculate the adjustment coefficient for a compound Poisson process in simple cases
Topic 2
  • 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 3
  • Apply the principles of statistical inference to select suitable loss distributions for setsof claims
Topic 4
  • Explain the concepts of excesses, deductibles, and retention limits
  • Apply the average cost per claim method for estimating outstanding claim amounts
Topic 5
  • 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 6
  • 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 7
  • Explain relationships between the different probabilities of ruin
  • Risk models involving frequency an dseverity distributions
Topic 8
  • Demonstrate how the basic chain ladder method can be adjusted to make explicitallowance for inflation
Topic 9
  • Probabilities and Moments of loss destribution both with and without limits an risk-sharing arrangements

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

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