IFoA IFoA_CAA_M0 : Module 0 - Entry Exam

Exam Code: IFoA_CAA_M0
Exam Name: Module 0 - Entry Exam
Updated: Aug 04, 2026
Q & A: 65 Questions and Answers

About IFoA IFoA_CAA_M0 Exam Questions

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IFoA IFoA_CAA_M0 Exam Syllabus Topics:

Topic	Details
Topic 1	Probabilities and Moments of loss destribution both with and without limits an risk-sharing arrangements
Topic 2	Explain the concepts of excesses, deductibles, and retention limits Apply the average cost per claim method for estimating outstanding claim amounts
Topic 3	Apply the principles of statistical inference to select suitable loss distributions for setsof claims
Topic 4	Demonstrate how the basic chain ladder method can be adjusted to make explicitallowance for inflation
Topic 5	Explain what is meant by the aggregate claim process and the surplus process for a risk Define the adjustment coefficient for a compound Poisson process
Topic 6	Define moments and moment generating functions Calculate the adjustment coefficient for a compound Poisson process in simple cases
Topic 7	Describe the major simplifying assumptions underlying the models in 2(i) Describe the operation of simple forms of proportional and excess of loss reinsurance
Topic 8	Explain relationships between the different probabilities of ruin Risk models involving frequency an dseverity distributions
Topic 9	Apply the basic chain ladder method for completing the run-off triangle Define the probability of ruin in infinite finite and continuous discrete time

Reference: https://actuaries.org.uk/qualify/my-exams/certified-actuarial-analyst/

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