Why SP8 from The Academic Junction??
Experienced corporate faculty- All India SP7|8 topper to make you understand the application of knowledge contained in the subject.
Classes available in all 3 modes- Zoom Live Online and Videos.
Multiple small batches to focus on personal interaction and development.
Regular Assignments and feedback sharing to discuss your improvement areas.
Detailed Study plan, Chapter Wise Important Topics Detailed description- main highlights.
Exclusive writing and discussion sessions oriented to case studies and past papers discussion.
Regular doubt classes to help you learn technical skills and clear your conceptual knowledge.
It’s not about only writing, it’s about what to write and how much to write so writing and discussion sessions is our USP and that too by All India Toppers.
SP8 Course Content
The aim of this General Insurance Reserving and Capital Modelling Specialist Principles subject is for students studying it to
develop the following skills:
1 understand the main principles and techniques of pricing that are relevant to general insurance, including techniques to estimate
the key elements within a technical price.
2 apply these principles in practice within the context of general insurance.
3 understand how pricing links to wider business processes (e.g. business planning, reserving and capital setting).
4 analyse hypothetical scenarios, including using judgement to assess the implications of possible actions and to develop appropriate proposals or recommendations relating to pricing in general insurance business.
Exam format:
3 hours and 20 minutes exam.
Scientific Calculator is allowed in exam. However, you can use only one of the models from the list below.
This can also be used for future exams.
1. Casio FX82 (ES/MS) (with or without any suffix)
2. Casio FX83 (ES/MS) (with or without any suffix)
3. Casio FX85 (ES/MS) (with or without any suffix)
4. Sharp EL531 (with or without any prefix or suffix)
5. Texas Instruments BA II Plus (with or without any suffix)
6. Texas Instruments TI-30 (with or without any suffix)
7. Hewlett Packard HP12c (with or without any suffix)
SP8 SYLLABUS
1 General insurance products and general business environment (20%)
2 Data, risks and risk management (30%)
3 Rating bases and methodology (35%)
4 Credibility, reinsurance and catastrophe modelling (15%)
