Applications from individuals from other actuarial associations that we have agreements with, for subjects passed before 31 December 2018 will be considered. Individuals will have until 31 December 2022 to claim their exemption.
Details of examinations exemptions from the period 1 January 2019 to December 31 2021 will be published on the webpages below once finalised.
From 1 January 2023 onwards the IFoA will not be accepting any applications for exemptions from Casualty Actuarial Society.
Please ensure that your CAS exams are converted to their current syllabus before applying to us for exemption.
| Casualty Actuarial Society | IFoA Fellowship exemptions |
|---|---|
| Exam 1 - Probability, and VEE - Applied statistical methods | CT3 - Probability and mathematical statistics |
| Exam 2 - Financial mathematics | CT1 - Financial mathematics |
| VEE - Corporate finance | CT2 - Finance and financial reporting |
| Exams 3L - Corporate finance, and Exam 4 - Construction and evaluation of actuarial models (Exemptions are not given for these exams individually. You must have passed both exams.) |
CT4 - Models, and CT5 - Contingencies |
| VEE - Economics | CT7 - Business economics |
| Exam 3F - Financial economics | CT8 - Financial economics |
| Exam 5 - Basic techniques for ratemaking and estimating claim liabilities | CT6 - Statistical methods |
| Exam 7 - Estimation of policy liabilities, Insurance company valuation and Enterprise risk management, and Exam 8 - Advanced ratemaking (Exemptions are not given for these exams individually. You must have passed both exams.) |
ST7 - General insurance: Reserving and capital modelling, and ST8 - General insurance: Pricing |
If you passed any of the above CAS exams before 2008
Please contact our Education Services Team with details of the exams and the dates on which they were passed. We can then give you more details on the exemptions that you can claim.
If you passed a CAS exam which does not appear on the above list before 2008
Please contact our Education Services Team with details of the exams and the exact dates on which they were passed. We can then give you more details on the exemptions that you can claim.
Further details of CAS exams
For further details of CAS exams, conversion of CAS exams to the current CAS syllabus, or the conversion of our exams to CAS please visit the CAS website.
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Member Services Team
memberservices@actuaries.org.uk
Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD
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Events calendar
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TPR Climate Change Guidance Consultation
17 August 2021
Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s Climate Change Guidance Consultation, which is seeking views on new guidance designed to help trustees meet tougher standards of governance in relation to climate change ri -
September 2021 - Exam Preparation Techniques Webinar
23 August 2021.
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This session will examine the megatrends and themes driving the Future of Work across the Financial Services industry, and how Covid-19 has accelerated new future work priorities with a particular focus on hybrid work and leadership mindset and capabilities. -
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them. -
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.
Louise Pryor, IFoA President, will chair this free-to-view session, in which Alex Darsley, TPR, Actuarial Regulatory Policy, will be discussing the regulator’s 
This session will examine the megatrends and themes driving the Future of Work across the Financial Services industry, and how Covid-19 has accelerated new future work priorities with a particular focus on hybrid work and leadership mindset and capabilities.
Internal audit is often the Cinderella of the audit world. It’s a regulatory requirement for insurance companies to have an internal audit function, so why not make it as useful as possible? This session will look at how to link an internal audit plan to the risk register, and how that helps audit committees and boards to spot problems and fix them.
Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.