Page Last Updated: 1/14/26
Note: The Syllabus of Basic Education and Content Outlines are subject to changes in the future.
2025 Syllabus of Basic Education Updates - Changes made to the Syllabus of Basic Education after its initial publication
- 3/12/2025: PCPA requirement date for ACAS changed from November 1, 2025 to January 1, 2026
- 4/17/25: CAS Institute (iCAS)/PCPA Waiver Update
- 5/20/25: August 2025 Exam Administration Registration Deadline updated to July 8, 2025.
- 5/21/2025: Update to the CIA Professionalism Workshop (PW) Waiver
Updates to Content Outline Source Materials for the April/May 2026 Administration (Previously the "Memo of Changes")
Exam: MAS-I
Updates to April/May 2026 Content Outline from January/February 2026 Content Outline:
- No Changes to Readings
Exam: MAS-II
Updates to April/May 2026 Content Outline from January/February 2026 Content Outline:
- Add:
- Salis, A., “Measures of Predictive Accuracy,” CAS Study Note, November 2025.
Exam: 5
Updates to April/May 2026 Content Outline from October 2025 Content Outline:
- No Changes to Readings
Exam: 6C
Updates to April/May 2026 Content Outline from October 2025 Content Outline:
- No Changes to Readings
Exam: 6U
Updates to April/May 2026 Content Outline from October 2025 Content Outline:
- No Changes to Readings
Exam: 7
Updates to April/May 2026 Content Outline from October 2025 Content Outline:
- No Changes to Readings*
*From January 7-14, 2026, three changes to Exam 7 readings were posted to this page in error. There will be no changes to the readings for the April/May 2026 Exam 7 Content Outline.
Exam: 8
Updates to April/May 2026 Content Outline from October 2025 Content Outline:
- No Changes to Readings
Exam: 9
Updates to April/May 2026 Content Outline from April 2025 Content Outline:
- Added:
- New erratum for Cummins, J. D., “Allocation of Capital in the Insurance Industry,” Risk Management and Insurance Review, American Risk and Insurance Association, Inc., Spring 2000, Vol. 3, No. 1, pp. 7-27.
Corrections Made to Source Materials After Initial Content Outline Publication the April/May 2026 Administration
Exam 6U Correction:
The following Source Material:
National Association of Insurance Commissioners, 2024 Annual Statement Instructions, Insurance Expense Exhibit, pp. 646-651.
Has been updated as follows:
2025 Annual Statement Instructions, Insurance Expense Exhibit, pp. 730-736.
Exam 8 Correction:
The following Source Material:
Holmes, T. & Casotto, M, “Penalized Regression and Lasso Credibility,” CAS Monograph #13, November 2024
The link above is the version that will be tested on the October 2025 administration of Exam 8. Starting in 2026, candidates will be responsible for the 2025 Revision.
Has been updated as follows:
Holmes, T. & Casotto, M, “Penalized Regression and Lasso Credibility 2025 Revision,” CAS Monograph #13, 2025, including errata.
(Holmes, T. & Casotto, M, “Penalized Regression and Lasso Credibility,” CAS Monograph #13, November 2024 is also acceptable.)
Exam 9 Correction:
The following Source Material:
Cummins, J. D., “Allocation of Capital in the Insurance Industry,” Risk Management and Insurance Review, American Risk and Insurance Association, Inc., Spring 2000, Vol. 3, No. 1, pp. 7-27. Including erratum.
Has been updated as follows:
Cummins, J. D., “Allocation of Capital in the Insurance Industry,” Risk Management and Insurance Review, American Risk and Insurance Association, Inc., Spring 2000, Vol. 3, No. 1, pp. 7-27. Including study note.
