BattleBriefings
Introduction
Exam 8 consists of roughly 700 pages of material, not all of which will appear on every exam. There are five larger readings (in approximate order of importance)
- "Individual Risk Study Note" by Fisher et al.
- "Distributions for Actuaries" by Bahnemann (Chapters 5 & 6 only)
- "Generalized Linear Models for Insurance Rating" by Goldburd, Khare & Tevet
- "Basics of Reinsurance Pricing" by Clark
- "Catastrophe Modeling: A New Approach to Managing Risk" by Grossi & Kunreuther
There are nine other readings which are smaller and cover a variety of topics. Although the ranking below is based on the recent exams, in the last year or so the CAS appears to be placing greater emphasis on Generalized Linear Models (GLMs).
Since the material within the larger readings builds up, it's recommended you start them from the beginning rather than reading the articles in rank order. When you want a change of pace, pick up one of the smaller readings for a break. Once you're through all of the material once, go back through the material using the ranking table order to make sure you know all of the high priority material really well.
By Rank (based roughly on pts-per-exam over recent exams)
Background colours in the grid indicate articles from the largest source papers.
New readings for 2020.Fall are outlined in red. (Modified readings are not outlined.)
| Top 5 [35%] Cum: 35% |
Fisher.ExpRating
2 days |
Bahnemann.Chapter6
2 WEEKS |
Fisher.CaseStudy
1 WEEK |
Goldburd.Basics
several days |
Fisher.Visualization
1 WEEK |
|---|---|---|---|---|---|
| 6 – 10 [25%] Cum: 60% |
Bahnemann.Chapter5
several days |
Bailey.Simon
1 WEEK |
Bernegger.Exposure
several days |
Clark.Reinsurance
several days |
ISO.Rating
several days |
| 11 – 15 [15%] Cum: 75% |
Fisher.TableM
2 days |
Fisher.TableL
2 days |
Robertson.HazardGroups
EASY: 2 days |
Grossi.Curves
2 days |
NCCI.ExperienceRating
1 day |
| 16 – 20 [10%] Cum: 85% |
Fisher.RiskSharing
1 day |
Couret.Venter
EASY: 1 hr |
Clark.PropPerRisk
3 hrs |
Grossi.CATModels
1-2 hrs |
Clark.CasPerOcc
1-2 hrs |
| 21 – 25 [7%] | Fisher.OtherLSPlans | Goldburd.Validation | Mahler.Credibility | Goldburd.ModelRefinement | ASOP.12 |
| 26 – 30 [5%] | Clark.PropertyCAT | Clark.AggModels | Goldburd.DataPrep | Goldburd.ModelSelection | Fisher.Understanding |
| 31 – 35 [3%] | Grossi.Overview | Fisher.AggExcess | Goldburd.ModelBuilding | Goldburd.Interactions | NCCI.Circular |
| 36 – 38 | Fisher.LimitedTableM | Goldburd.Comments | Goldburd.Variations |
Articles from Start to Finish
| 1. | Fisher.ExpRating Top 5! |
Fisher.RiskSharing Core Content |
Fisher.OtherLSPlans | Fisher.AggExcess | Fisher.Visualization Top 5! |
Fisher.TableM Core Content |
Fisher.LimitedTableM | Fisher.TableL Core Content |
Fisher.Understanding | Fisher.CaseStudy Top 5! |
|---|---|---|---|---|---|---|---|---|---|---|
| 2. | Bahnemann.Chapter5 Core Content |
Bahnemann.Chapter6 Top 5! | ||||||||
| 3. | Goldburd.Basics Top 5! |
Goldburd.ModelBuilding | Goldburd.DataPrep | Goldburd.ModelSelection | Goldburd.Interactions | Goldburd.ModelRefinement | Goldburd.Validation | Goldburd.Comments | Goldburd.Variations | |
| 4. | Clark.Reinsurance Core Content |
Clark.PropPerRisk Core Content |
Clark.CasPerOcc Core Content |
Clark.AggModels | Clark.PropertyCAT | |||||
| 5. | Grossi.Overview | Grossi.Curves Core Content |
Grossi.CATModels Core Content | |||||||
| 6. | Bailey.Simon Core Content | |||||||||
| 7. | Bernegger.Exposure Core Content | |||||||||
| 8. | ISO.Rating Core Content | |||||||||
| 9. | Robertson.HazardGroups Core Content | |||||||||
| 10. | NCCI.ExperienceRating Core Content | |||||||||
| 11. | Couret.Venter Core Content | |||||||||
| 12. | Mahler.Credibility | |||||||||
| 13. | ASOP.12 | |||||||||
| 14. | NCCI.Circular |