Free Preparation Discussions
MENU
IFoA_CAA_M0 Exam Questions
- Topic 1: 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 2: Explain the concepts of excesses, deductibles, and retention limits/ Apply the average cost per claim method for estimating outstanding claim amounts
- Topic 3: Derive the moment generating function of the sum of N independent random variables/ Risk models involving fr equency and severity distributions
- Topic 4: Demonstrate how the basic chain ladder method can be adjusted to make explicitallowance for inflation
- 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: Define moments and moment generating functions/ Calculate the adjustment coefficient for a compound Poisson process in simple cases
- Topic 7: Explain relationships between the different probabilities of ruin/ Risk models involving frequency an dseverity distributions
- Topic 8: 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 9: Apply the principles of statistical inference to select suitable loss distributions for setsof claims
- Topic 10: Probabilities and Moments of loss destribution both with and without limits an risk-sharing arrangements
Free IFoA IFoA_CAA_M0 Exam Actual Questions
Note: Premium Questions for IFoA_CAA_M0 were last updated On Nov. 13, 2024 (see below)
Assuming the position of the first quartile of an appropriately ordered dataset is given by
and the position of the third quartile of an appropriately ordered dataset is given by
Calculatethe range and interquartile range of the above dataset.
A and B are the stationary points of f(x).
f(x) = 2x3- x2- 8x + 8
A = (-1,13)
B = (4/3,8/27)
Determine whether each stationary point is a maximum, minimum or point of inflexion.
The first term of an arithmetic sequence is 12 and the ninth term is 68.
Calculate the sum of the first 18 terms.
In a small island nation, local sea vessels are identified using "a letter and 4 digits" classification system. The "letter" can be any of the 26 letters in the English alphabet, A to Z, while the "digit" can be any number from 0 to 9. E.g: Z9835.
Calculate the probability of a sea vessel having an identification ending in "007".
- Select Question Types you want
- Set your Desired Pass Percentage
- Allocate Time (Hours : Minutes)
- Create Multiple Practice tests with Limited Questions
- Customer Support
Latricia
6 days agoKattie
7 days agoNoe
11 days agoAlona
21 days agoTegan
1 months agoAnabel
1 months agoShelton
1 months agoLeonor
2 months agoSusy
2 months agoInes
2 months agoCorinne
2 months agoMillie
2 months agoLynelle
4 months agoYoulanda
5 months agoCarmen
5 months ago