The aim of General Insurance Reserving and Capital Modelling Principles (SP7) is to instil in successful candidates the ability to apply, in simple reserving and capital modelling situations, the mathematical and economic techniques and the principles of actuarial planning and control needed for the financially-sound operation of general insurers.
It builds on material covered in earlier subjects, particularly Financial Engineering and Loss Reserving CM2.
General Insurance Reserving and Capital Modelling Principles (SP7) core reading is available from the IFoA E-Shop or our tuition provider ActEd (BPP).
From September 2021, an additional 5 minutes has been added to each paper to allow for candidates to download or print, if required, their exam paper.
Past papers and examiners reports for SP7
SP7 Syllabus for 2024 Exams (PDF, 84 KB)
General Insurance Reserving and Capital Modelling Principles (SP7) core reading
Exam format: 3 hours and 20 minutes of computer-based exams (Word)
Recommended study hours: 200
The aim of General Insurance Pricing Principles (SP8) is to instil in successful candidates the ability to apply, in simple pricing analysis situations, the mathematical and economic techniques and the principles of actuarial planning and control needed for the financially-sound operation of general insurers.
It builds on material covered in earlier subjects, particularly Actuarial Statistics 2 (CS2) Financial Engineering and Loss Reserving CM2.
General Insurance Pricing Principles (SP8) core reading is available from the IFoA E-Shop or our tuition provider ActEd (BPP).
From September 2021, an additional 5 minutes has been added to each paper to allow for candidates to download or print, if required, their exam paper.
Past papers and examiner reports for SP8
SP8 Syllabus for 2024 exams (PDF, 102 KB)
General Insurance Pricing Principles (SP8) core reading
Exam format: 3 hours and 20 minutes of computer-based exams (Word)
Recommended study hours: 200
The aim of General Insurance Advanced (SA3) is to instil in successful candidates the ability to apply knowledge of the general insurance environment (in the United Kingdom and other jurisdictions) and the principles of actuarial practice to the management of general insurance business in complex situations.
General Insurance Advanced (SA3) core reading is available from the IFoA E-Shop or our tuition provider ActEd (BPP).
From September 2021, an additional 5 minutes has been added to each paper to allow for candidates to download or print, if required, their exam paper.
Past papers and examiners reports for SA3
Exam format: 3 hours and 20 minutes of computer-based exams (Word)