IFoA IFoA_CAA_M0

Exam Code: IFoA_CAA_M0

Exam Name: Module 0 - Entry Exam

Updated: Sep 25, 2026

Q & A: 65 Questions and Answers

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IFoA IFoA_CAA_M0 Exam Syllabus Topics:

Topic	Details
Topic 1	Explain the concepts of excesses, deductibles, and retention limits Apply the average cost per claim method for estimating outstanding claim amounts
Topic 2	Define moments and moment generating functions Calculate the adjustment coefficient for a compound Poisson process in simple cases
Topic 3	Derive the moment generating function of the sum of N independent random variables Risk models involving fr equency and severity distributions
Topic 4	Apply the principles of statistical inference to select suitable loss distributions for setsof claims
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	Demonstrate how the basic chain ladder method can be adjusted to make explicitallowance for inflation
Topic 7	Probabilities and Moments of loss destribution both with and without limits an risk-sharing arrangements
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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