BattleBriefings

Introduction

Exam 8 consists of roughly 700 pages of material, not all of which will appear on every exam. There are five larger readings (in approximate order of importance)

• "Individual Risk Study Note" by Fisher et al.
• "Distributions for Actuaries" by Bahnemann (Chapters 5 & 6 only)
• "Generalized Linear Models for Insurance Rating" by Goldburd, Khare & Tevet
• "Basics of Reinsurance Pricing" by Clark
• "Catastrophe Modeling: A New Approach to Managing Risk" by Grossi & Kunreuther

There are nine other readings which are smaller and cover a variety of topics. Although the ranking below is based on the recent exams, in the last year or so the CAS appears to be placing greater emphasis on Generalized Linear Models (GLMs).

Since the material within the larger readings builds up, it's recommended you start them from the beginning rather than reading the articles in rank order. When you want a change of pace, pick up one of the smaller readings for a break. Once you're through all of the material once, go back through the material using the ranking table order to make sure you know all of the high priority material really well.

By Rank (based roughly on pts-per-exam over recent exams)

 Background colours  in the grid indicate articles from the largest source papers.

 New readings  for 2020.Fall are outlined in red. (Modified readings are not outlined.)

Top 5 [35%] Cum: 35%	Fisher.ExpRating 2 days	Fisher.CaseStudy 1 WEEK	Bahnemann.Chapter6 1 WEEK	Goldburd.Basics several days	Bahnemann.Chapter5 several days
6 – 10 [25%] Cum: 60%	Fisher.Visualization 1 WEEK	Clark.Reinsurance several days	Fisher.TableM 1 day	Bailey.Simon 1 WEEK	Bernegger.Exposure several days
11 – 15 [15%] Cum: 75%	ISO.Rating several days	Robertson.HazardGroups EASY: 2 days	Grossi.Curves 2 days	Fisher.TableL 1 day	Goldburd.Validation 1-2 hrs
16 – 20 [10%] Cum: 85%	Couret.Venter EASY: 1 hr	Clark.PropPerRisk 3 hrs	NCCI.ExperienceRating 1 day	Fisher.RiskSharing 2 days	Fisher.OtherLSPlans 1 day
21 – 25 [7%]	Grossi.CATModels	Clark.CasPerOcc	Mahler.Credibility	Goldburd.ModelRefinement	ASOP.12
26 – 30 [5%]	Clark.PropertyCAT	Clark.AggModels	Fisher.LimitedTableM	Goldburd.DataPrep	Goldburd.ModelSelection
31 – 35 [3%]	Goldburd.Interactions	Fisher.Understanding	Grossi.Overview	Fisher.AggExcess	NCCI.Circular
36 – 38	Goldburd.ModelBuilding	Goldburd.Comments	Goldburd.Variations

Articles from Start to Finish

1.	Fisher.ExpRating Top 5!	Fisher.RiskSharing Core Content	Fisher.OtherLSPlans Core Content	Fisher.AggExcess	Fisher.Visualization Core Content	Fisher.TableM Core Content	Fisher.LimitedTableM	Fisher.TableL Core Content	Fisher.Understanding	Fisher.CaseStudy Top 5!
2.	Bahnemann.Chapter5 Top 5!	Bahnemann.Chapter6 Top 5!
3.	Goldburd.Basics Top 5!	Goldburd.ModelBuilding	Goldburd.DataPrep	Goldburd.ModelSelection	Goldburd.Interactions	Goldburd.ModelRefinement	Goldburd.Validation Core Content	Goldburd.Comments	Goldburd.Variations
4.	Clark.Reinsurance Core Content	Clark.PropPerRisk Core Content	Clark.CasPerOcc	Clark.AggModels	Clark.PropertyCAT
5.	Grossi.Overview	Grossi.Curves Core Content	Grossi.CATModels
6.	Bailey.Simon Core Content
7.	Bernegger.Exposure Core Content
8.	ISO.Rating Core Content
9.	Robertson.HazardGroups Core Content
10.	Couret.Venter Core Content
11.	NCCI.ExperienceRating Core Content
12.	Mahler.Credibility
13.	ASOP.12
14.	NCCI.Circular