March 16, 2020
Errata sheet updated.
February 13, 2020
At the end of the RMAD - Regulatory Guidance slide within the "COPFLR Relevant Comments Video (around the 9:15 mark)," we stated that a RMAD does not exist. We should have said that an RMAD does exist. The video has been revised and reposted, A new audio file for that video has been posted as well.
December 12, 2019
The Spring 2020 online seminar and study guide are now available! Please see the Seminars and Study Guides tabs or more details.
October 30, 2019
Now that the fall 2019 exam is over, it's time to start thinking about the spring 2020 exam!
In addition to the study guide, we will be offering an online seminar for the spring 2020 sitting! Seminar details along with sample videos can be found on the Seminars page of the website. In addition to the online seminar, we will continue to offer the study guide as a separate product.
The spring 2020 study guide and online seminar will be available once fall exam results are released in mid-December. For those who want to start studying immediately, the spring 2020 study guide can be purchased now and immediate access will be given to the fall 2019 study guide. Once the updated study guide is released in December, you will be automatically transitioned to the updated guide.
July 22, 2020
I corrected an error on the "Comparing the Methods" tab of the Venter Exhibits workbook posted in the "Extras" section of the online course. The chain-ladder fitted values were being calculated by applying incremental LDFs to the prior cumulative fitted values by mistake. They should have been applied to the prior cumulative actual losses.
March 27, 2020
I uploaded a new version of the Teng/Perkins video. I revised the "Feldblum Enhancement" discussion on the second to last slide to make it clear what we want to subtract from the CPDLD and PDLD ratios.
This goes along with the clarification I added to the study guide errata.
March 22, 2020
March 8, 2020
Updated the errata with a number of clarifications. Also, I revised the Venter Factors problem video to update the past exam problem on the correlation test with new t-statistics (based on the errata released by the CAS in early February).
February 11, 2020
I uploaded revised versions of the Venter Factors and Shapland review videos. For Venter Factors, the updates were in response to the errata I posted on February 9 regarding the Cape Cod model and the correlation test. For Shapland, I revised the discussion on the "degree of freedom/scaled pearson residuals" slide and the "process variance in the future incremental slide." Lastly, I re-posted the errata sheet with one additional sentence to expand upon the Cape Cod model errata for Venter Factors.
February 9, 2020
The errata sheet for 2020 has been posted with a few errata (including the Venter Factors errata posted by the CAS in early February).
January 30, 2020
I re-posted the Venter Factors exhibit to the online courses to show the full iteration and adjustments needed to match Venter's numbers shown on page 823 of the text.
October 30, 2019
Good news! The following products will be available beginning November 4, 2019:
See the study guide and seminar pages for details.