For those of you who took the 2008 DP exam and are now studying for the 2009 version, here are the differences between the 2 syllabi:
Dropped material: SN100, SN108, SN109, Macro Pricing, and A&D, Ch 8
New Study Notes: SN113, SN114, and SN115. SN804 has been added, but it is the same as the Appendix to LIMRA, Ch. 7 (which was already on the syllabus)
New Readings: Stochastic Pricing of Embedded Options, ASOP 41
Updated SN/Readings: 2008 Supplement to DeRochers book, update to SN109 (Moodly’s Investors Service Corporate Default and Recovery Rates)