Section H: both C119 and C126 have been dropped from the syllabus.
I have removed from the manual and the online seminar, but those 2 study notes are still in the note cards and condensed outlines. Just skip over them.
Sorry I missed these.
Anita
Anita 2012 CSP U
I hope your studying is going well. Some suggestions for the exam.
1. There is a video on the online seminar dealing with hints for passing. Now would be a good time to view it.
2. The SOA has posted a document on taking the SOA Written Exams. Read it. http://www.soa.org/education/general-info/edu-new-guide.aspx
Anita
Anita 2012 CSP U
I have uploaded practice problems (with solutions) for US CSP exam. I have also posted a sample exam, with solutions. Enjoy!
I have posted an analysis of past exam questions. As the syllabus changes over time, fewer of the old course 8 questions apply. I am not planning on posting solutions to the quantitative problems in the 2011 Fall exam. The solutions published by the SOA are very good, which is quite different from how they used to be. I encourage you to take the old exams and study the published solutions. Feel free to write to me if you have any questions.
I hope your studying is going well.
Anita
Anita 2012 CSP U
All of the US-specific cards that were previously mixed in with the Canadian cards have been removed. I also removed cards pertaining to material that was dropped in 2012 and added cards for new 2012 material.
Eddie 2012 CSP C Canadian
All lessons have been posted for 2012, and the study guide is also fully updated. I will be updating the flash cards next.
Eddie 2012 CSP C Canadian
ASOP 41 has finally been replaced by the updated version. I have updated the following:
- Study Manual
- Online seminar
- Condensed outline
- Notecards
Enjoy. Hope your studying is going well.
Anita
Anita 2012 CSP U
Most of the ILA-CSP-C seminar has been updated for 2012. Here’s a summary of new lessons by section:
Section B:
- CALM: Segregated Fund Assumptions
- Initial Communication of a Promulgation of Prescribed Mortality Improvement Rates
Section C:
- ILA-C632-12 OSFI B-3 Sound Reinsurance Practices and Procedures
- Accounting for Reinsurance Contracts under International Financial Reporting Standards
- CIA Educational Note: Valuation of Gross Policy Liabilities and Reinsurance Recoverables
- ILA-C606-12 Guideline MCCSR Ch 10
Section G:
- ILA-C633-12 OSFI E-18 Stress Testing
Future updates (in order they will happen):
- I will be updating the MCCSR lessons in Section E with changes made to the 2012 syllabus. I do not expect the changes to be significant, so I’m leaving the 2011 version posted for now.
- Detailed study guide update
- Flash card updates
- 2011 SOA exam solutions
Eddie 2012 CSP C, Uncategorized Canadian
I have updated the condensed outline and notecards for the updated SOA Research Report. The revision is in section AB4.
I am not adding the appendices to the Mutli-Stakeholder Approach to Capital Adequacy to the condensed outline or notecards. That material will only be in the Manual and the Online seminar. It is too technical for the condensed outline/notecards.
Anita
Anita 2012 CSP U
Welcome to the 2012 ILA-CSP-C seminar! Updates for 2012 are well under way. Here is a summary of how the syllabus changed from 2011 to 2012:
Brand New Material:
- Memorandum: Initial Communication of a Promulgation of Prescribed Mortality Improvement Rates Referenced in the Standards of Practice for the Valuation of Policy Liabilities: life and Health (Accident and Sickness) Insurance (Subsection 2350) (September 2010, exclude appendix)
- ILA-C632-12: OSFI B-3 Sound Reinsurance Practices and Procedures
- Accounting for Reinsurance Contracts under International Financial Reporting Standards
- CIA Educational Note: Valuation of Gross Policy Liabilities and Reinsurance Recoverables, December 2010
- ILA-C606-12:OSFI: Guideline Minimum Continuing Capital and Surplus Requirements for Life Insurance Companies Chapter 10
- ILA-C633-12: OSFI E-18 Stress Testing
Modified or Updated Material:
- ILA-C634-12: CIA Consolidated Standards of Practice – Section 2100, 2300, 2500
- ILA-C606-12:OSFI: Guideline Minimum Continuing Capital and Surplus Requirements for Life Insurance Companies Chapters 1-5, 8, 9
Dropped Material:
- ILA-C630-11:IFRS and the Canadian Actuary (PD-6 from Proceedings of the CIA, Vol. 20, September 2009
- CIA Educational Note: Implications of CICA Accounting Standard 3855 and 1530 – Jan 2007
- Canadian Insurance Taxation, Third Edition, 2009, by PriceWaterhouseCoopers Ch 30
- ILA-C624-10:Discussion Paper on OSFI’s Regulatory and Supervisory Approach to Reinsurance
- Submission by the Canadian Institute of Actuaries to the Office of the Superintendent of Financial Institutions, CIA, March 2009
- ILA-C107-07: Securitization of Life Insurance Assets and Liabilities
- ILA-C627-10: PD #9 Economic Capital Models, June 2008
- Transitioning to RBC C3 Phase III, Financial Reporter, March 2010
- Life Insurance Products and Finance, by Atkinson and Dallas Ch 15
- ILA-C119-07: Chapter 19 of Life Insurance and Accident and Health Insurance Accounting, “Management Reports and Reports to Regulatory Bodies”
- ILA-C126-10: KPMG SEC Guidance on Internal Control Over Financial Reporting, June 2007
Eddie 2012 CSP C Canadian
There are 2 additional changes from the 2011 syllabus:
- Updated version of SOA Research Project on Financial Reporting for Insurance Contracts under Possible Future International Accounting Standards
- The Appendices to A Multi-Stakeholder Approach to Capital Adequacy are now included
The Study Manual and online seminar have been updated to reflect these changes. The condensed seminar and notecards will be updated shortly.
Sorry I missed these the first time.
Anita
Anita 2012 CSP U