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Free Study Materials for the Casualty Actuarial Society (CAS)
Exam 5B
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intended to assist students preparing for Casualty Actuarial Society
(CAS) Exam 5B. You
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Conciseness on Actuarial Essay Exams
PDF Study Guides
Exam-Style Questions Relevant to the New CAS Exam 5B
Relevant Sections from the Study Guide for the Old Exam 6 Study Guide
Section 1: Basic Concepts Regarding Unpaid Claim Estimation
Section 3: Basic Concepts Regarding Data Used in Estimating Unpaid Claims
Section 5: Basic Concepts Regarding Data Aggregation and Other Data Treatments in Unpaid Claim Estimation
Section 7: Actuarial Reserving Definitions and Principles
Section 9: Actuarial Reserving Considerations
Section 11: Development Triangles*
*Note that Section 11 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 13: Actuarial Triangles Involving Reported Claims, Paid Claims, and Earned Premium
Section 15: Uses of Actuarial Triangles for Claims and Claim Counts to Evaluate an Insurer's Situation
Section 17: Concepts Involved in the Chain Ladder Method
Section 19: Applications of the Chain Ladder Method
Section 23: Concepts Involved in the Expected Claims Method
Section 25: The Expected Claims Method*
*Note that Section 25 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 26: The Bornhuetter-Ferguson and Benktander Methods*
*Note that Section 26 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 27: The Cape Cod / Stanard-Bühlmann Method*
*Note that Section 27 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 28: Frequency-Severity Approaches to Unpaid Claim Estimates - Part 1*
*Note that Section 28 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 29: Frequency-Severity Approaches to Unpaid Claim Estimates - Part 2*
*Note that Section 29 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 32: Frequency-Severity Approaches to Unpaid Claim Estimates - Part 3*
*Note that Section 32 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 33: The Case Outstanding Development Method*
*Note that Section 33 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 34: Estimation of Salvage and Subrogation Recoveries*
*Note that Section 34 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 35: Impact of Reinsurance on Unpaid Claim Estimates*
*Note that Section 35 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 36: The Berquist-Sherman Method*
*Note that Section 36 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 39: Estimation of Unpaid Allocated Loss Adjustment Expenses*
*Note that Section 39 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 40: Retrospective Evaluation of Unpaid Claim Estimates*
*Note that Section 40 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 41: The Classical Method of Estimating Unpaid Unallocated Loss Adjustment Expenses*
*Note that Section 41 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 42: The Kittel and Mango-Allen Refinements to the Classical Method of Estimating Unpaid Unallocated Loss Adjustment Expenses*
*Note that Section 42 is a Microsoft Excel file. Clicking on the link will prompt a download.
Section 43: The Conger-Nolibos Method of Estimating Unpaid Unallocated Loss Adjustment Expenses*
*Note that Section 43 is a Microsoft Excel file. Clicking on the link will prompt a download.
Gennady Stolyarov II (G. Stolyarov II) is an actuary, science-fiction novelist, independent philosophical essayist, poet, amateur mathematician, composer, and Editor-in-Chief of The Rational Argumentator, a magazine championing the principles of reason, rights, and progress.
In December 2013, Mr. Stolyarov published Death is Wrong, an ambitious children’s book on life extension illustrated by his wife Wendy. Death is Wrong can be found on Amazon in paperback and Kindle formats.
Mr. Stolyarov has contributed articles to the Institute for Ethics and Emerging Technologies (IEET), The Wave Chronicle, Le Quebecois Libre, Brighter Brains Institute, Immortal Life, Enter Stage Right, Rebirth of Reason, The Liberal Institute, and the Ludwig von Mises Institute. Mr. Stolyarov also published his articles on Associated Content (subsequently the Yahoo! Contributor Network) from 2007 until its closure in 2014, in an effort to assist the spread of rational ideas. He held the highest Clout Level (10) possible on the Yahoo! Contributor Network and was one of its Page View Millionaires, with over 3.1 million views.
Mr. Stolyarov holds the professional insurance designations of Associate of the Society of Actuaries (ASA), Associate of the Casualty Actuarial Society (ACAS), Member of the American Academy of Actuaries (MAAA), Chartered Property Casualty Underwriter (CPCU), Associate in Reinsurance (ARe), Associate in Regulation and Compliance (ARC), Associate in Personal Insurance (API), Associate in Insurance Services (AIS), Accredited Insurance Examiner (AIE), and Associate in Insurance Accounting and Finance (AIAF).
Mr. Stolyarov has written a science fiction novel, Eden against the Colossus, a philosophical treatise, A Rational Cosmology, a play, Implied Consent, and a free self-help treatise, The Best Self-Help is Free. You can watch his YouTube Videos. Mr. Stolyarov can be contacted at gennadystolyarovii@gmail.com.
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Learn about Mr. Stolyarov's novel, Eden against the Colossus, here.Read Mr. Stolyarov's comprehensive treatise, A Rational Cosmology, explicating such terms as the universe, matter, space, time, sound, light, life, consciousness, and volition, here.