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Updates to the CAS 2000 Syllabus
Exam 1
The study note, Risk and Insurance, is available. Please order Society of Actuaries Study Note 1-21-00.
Exam 2
The sixth edition of Principles of Corporate Finance by Brealey and Myers has been published. Candidates may use the sixth edition with the same citations as the fifth edition with one exception: use Chapter 28 in the sixth edition instead of Chapter 27.
The 2000 edition of the study note, Macroeconomics, by Wachtel will be used. Candidates are responsible for all five chapters of this study note. Please order Society of Actuaries Study Note 2-21-00.
Exam 3
The study note listed under Classification of Models (Syllabus, page 46) is not required reading at this time. This is a change from the originally published reading list. This study note, "Actuarial Models and Modeling: An Interactive Approach," is a CD-ROM published by ACTEX Publications. Although not required, it provides an opportunity to explore actuarial models and modeling techniques relevant to Exams 3 and 4, and may be a valuable tool for many students.
Exam 4
The study note listed under The Modeling Process (Syllabus, page 51) is not required reading at this time. This is a change from the originally published reading list. This study note, "Actuarial Models and Modeling: An Interactive Approach," is a CD-ROM published by ACTEX Publications. It provides an opportunity to explore actuarial models and modeling techniques relevant to Exams 3 and 4, and may be a valuable tool for many students, however.
Exam 5
Reminder: For "Group Medical/Dental Benefit Pricing," candidates are responsible only for pages 1-23 although the complete study note is included in the Exam 5 Study Kit.
Exam 6
The second edition of Reinsurance Practices will be used. The new citation is: Cass, R.M.; Kensicki, P.R.; Patrik, G.S.; and Reinarz, R.C., Reinsurance Practices (Second Edition), Insurance Institute of America, 1997, Volume 1, Chapter 5; Volume 2, Chapters 9, 10, and 11.
Exam 7-Canada
The cited text from "Government Insurers," Issues in Insurance (Fourth Edition), by M. Greene will be included in the 2000 Exam 7-Canada Study Kit.
The price of the Exam 7-Canada Study Kit includes more than US$32 in royalties for each study kit.
Exam 7-United States
The cited text from "Government Insurers," Issues in Insurance (Fourth Edition), by M. Greene will be included in the 2000 Exam 7-US Study Kit.
Exam 9
For the following citations, candidates are responsible only for excerpts printed in the 2000 Study Kit: Experience Rating Plan Manual for Workers Compensation and Employers Liability Insurance and Retrospective Rating Plan Manual for Workers Compensation and Employers Liability Insurance. Both sources are as of July 1, 1999.
Exam Discipline
Under Examination Discipline, examples of improper conduct, item 17 on page 14 of the CAS Syllabus should read: "Disclosing the contents of an examination to any other person prior to the exam's release. For CAS Exams 5-9, this would generally apply to the day when the examination is administered."
CAS Web Site
"Updates to the Syllabus" can be found in the Students' Corner.