I am an Associate of the Casualty Actuarial Society (ACAS), I hold a B.S. and M.A. in Mathematics. After being a student in college, I taught community college and lectured at university. I've decided to pursue a career in actuarial science and now i'm documenting the exam content i'm learning.
I’m currently working in the Property & Casualty insurance industry as an Actuary. This channel will be geared towards CAS exam content but I may be open to other content also.
sir if i have only underwriting year and many losses (claims paid) for each year more than the capacity of the traingle, and i decide to sum them up to each year, what should i do the fill in the rest of the cells when developing the first triangle
The equation derived is in the narrated portion of the video is correct, but the equation written in white letters on a black background at the beginning of the video needs to be corrected. The second "+" should be a "-".
The actual losses for 2014 to 2016 when compared to the calendar year premium returns 65% loss ratio. 2017 and 2018 actual losses return 64% and 63% which means they are still developing so if we multiply the premium for each year from 2017 till 2020 with 65% then you get the expected ultimate claims
I have equation i need your help, do you know references or video or you can do video explain it, the formula is guaranteed cost insurance premium =pure premium ( losses+loss adjusting cost)+ expense load+ risk charge *experience credits or debits, thanks
in my opinion using LOGEST is wrong, cause it gives de factor e^b not "b" as being the quarterly exponential rate, at least do LN(LOGEST) to obtain the quartertly rate
Yesterday I sat for Exam P and passed. I have been studying on and off for 4 years due to life circumstances, and finally passed. I owe a great deal of it to some of the videos you made. Thank you so much for being a great resource!
I passed SOA FM last month, I bring 3 calculators to the room (TI-30XB, TI BA II+, TI BA II+ professional). I plan to take CAS Exam-5 in 2024, skipping SOA P for later.
Hi, I'm struggling to grasp the Loss Trend example in the Exam-5 material's appendix. Could you clarify the intuitive meaning of the fitted values? Additionally, I've noticed some using the growth and logest functions to obtain these values and the corresponding graph. Can you explain the significance of these functions in this context? Thanks!
this really helped! Its easy to get caught up in the integrals, but this really helps build a solid foundation for what were doing with joint probabilites. Thanks!
Oh, they used to give you a paper result back then! That’s cool. Now you only see that a few minutes after the exams. I only have P and I am already tired. 7 exams to become an associate! That’s too many exams.
