CAS Syllabus of Basic Education
Models for Life Contingencies and Statistics
Exam 3L is a two-and-a-half-hour, multiple-choice exam on life contingencies and statistics. A thorough knowledge of calculus, probability, and interest theory is assumed. Knowledge of risk management at the level of Exam 1/P is also assumed. This examination develops the candidate's knowledge of the theoretical basis of contingent payment models and the application of those models to insurance risks.
The candidate will be required to develop an understanding of contingent payment models. The candidate will be expected to understand what important results can be obtained from these models for the purpose of making business decisions, and what approaches can be used to determine these results.
Registration, Dates & Fees
Exam 3L will be administered on May 3, 2013. The registration deadline for the May 2013 Sitting has now passed.
Exam 3L is also scheduled for October 31, 2013. The registration deadline is September 19, 2013.
The fee for Exam 3L is $350 ($280 for full-time students).
For other fees, such as cancellation, changing your exam center, or rescheduling, see the Exam Rules section. An Electronic Signature Authorization Form (ESAF) is required for online exam registration.
Exam 3L is subject to the same Exam Rules as other CAS-administered exams (Exams 3L - 9).
Preparation for Exam 3L
*Indicates a PDF