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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General information and practical advice that will be useful in your studies
Contact Details
Education Services Team
education.services@actuaries.org.uk
Institute and Faculty of Actuaries, 1st Floor, Park Central, 40/41 Park End Street, Oxford, OX1 1JD
We aim to respond to all enquiries within two working days.
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Events calendar
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Asia Conference Webinar Series
Webinars7 September 2020 - 25 September 2020
There will be a prestigious line-up of international speakers discussing the insurance and financial industry’s innovation and change in Asia. The conference will take place throughout September via an online platform. The webinars consist of plenary speaking sessions and a series of workshop sessions including Life, GI, Data Science, Sustainability, Risk Management and Investment.This will be the perfect opportunity for you to discover,ask questions and be at the forefront of current and developing actuarial/financial topics and trends in Asia.
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Personal and Professional Lifelong Learning – Supporting CPD Co-ordinators and Others
Webinar23 September 2020
This free 90 minute webinar is designed to support the IFoA CPD Co-ordinators, and others, involved in supporting our members to achieve their CPD requirements. The programme will include an overview of the new CPD Scheme; specifically sharing with you key messages to support you implement and embrace the new CPD Scheme for our members within your organisation and regional community; how to arrange a reflective practice discussion; and an interactive reflective practice discussion learning exercise. In addition, delegates will gain information about accessing, and making the most of the IFoA event Toolkits which you can make use of to run your own in-house events and events for regional communities.
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Asia Conference Webinar: Actuary’s Impact through Lifestyle Products
Webinar23 September 202012.00-13.00 GMT+8
“Lifestyle Product” being the key to make insurance a daily necessity rather than a luxury, by having high engagement and interaction with the consumers through:
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Asia Conference Webinar: The Role of Data Science in Customer-centric Insurance
Webinar23 September 202016.00-17.00 GMT+8
Consumer expectations are changing Insurance. The Royal Commission in Australia, Design Obligations in the UK, the insurtech ecosystem, and digital-first consumers demanding personalised solutions will all revolutionise how insurance looks like in the future.
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Asia Conference Webinar: Ageing/Mortality Panel Session
Webinar24 September 202012.00-13.00 GMT+8
This presenter / panel workshop hybrid will be anchored by two presentations examining the socioeconomic, medical and technological factors that will have a significant impact on mortality and our pricing over the next 20 years and beyond. It will also discuss whether significant mortality improvement will continue in Asia or whether varying experience of low improvements or deterioration.
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Asia Conference Webinar: Liability Aware Investment Solutions
Webinar24 September 202016.00-17.00 (GMT+8) | 09.00-10.00 (BST)
This presentation explores some liability-aware investment solutions to address local regulatory changes faced by insurance companies in Asia.
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Asia Conference:The C-Ross Phase II and its Potential Impact on Chinese Market
Webinar25 September 202012.00-13.00 GMT+8
This presentation aims to provides an overview of the reformation of current Chinese regulatory solvency regime, how industry coping with the new normal after pandemic time and how the reformation of the regulation could help the insurance industry gets back on its feet as well as coming back to the “protection” core value for the policyholders. The presentation would include:
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Asia Conference:Changes of China’s 2nd set Standardized CI definitions and Mortality Table
Webinar25 September 202016.00-17.00 (GMT+8) | 09.00-10.00 (BST)
The basic data of China’s 2nd Critical Illness Mortality Table covers 2000+ products in Chinese market, including about 340 million insurance policies and 5.1 million claimants. Presenter will give the audience a general understanding including but not limited to the following contents:
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F&I Webinar: Disrupting the investment management industry using AI
Webinar30 September 2020
What are the advantages of using artificial intelligence (AI) in investing? What are the differences between traditional quant and AI? This new webinar discusses challenges and the future of AI in the investment sector.
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Sessional Event: The IFRS 17 Contractual Service Margin: A Life Insurance Perspective
Webinar5 October 2020
Delivered by the IFRS 17 Contractual Service Margin working party. -
Why Certified Actuarial Analysts add value to employers, including both insurers and consultancies
Webinar6 October 2020The Certified Actuarial Analyst (CAA) qualification has rapidly established itself as adding real value, to insurers and consultancies, and to the clients of consultancies, around the World. CAAs work alongside actuaries and actuarial students, as well as other financial services professionals, in an increasingly broad range of roles and fields. -
Why Certified Actuarial Analysts add value to employers
Webinar6 October 2020This session is a repeat of the one earlier today at 09:30 -
Autumn Lecture 2020: Professor Elroy Dimson
Online webinar14 October 2020
Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term. -
GIRO Conference 2020 Webinar Series
Available to watch globally in November.02-13 November 2020
This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.
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Autumn Pensions Webinar: Cash is King - What next for CDI?
Webinar4 December 2020
Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements. -
Autumn Pensions Webinar: Impact of Dividends
Webinar8 December 2020The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.
There will be a prestigious line-up of international speakers discussing the insurance and financial industry’s innovation and change in Asia. The conference will take place throughout September via an online platform. The webinars consist of plenary speaking sessions and a series of workshop sessions including Life, GI, Data Science, Sustainability, Risk Management and Investment.
This free 90 minute webinar is designed to support the IFoA CPD Co-ordinators, and others, involved in supporting our members to achieve their CPD requirements. 
Delivered by the IFRS 17 Contractual Service Margin working party.
Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.
Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.