Reinsurance structures including proportional and non-proportional treaties, and pricing reinsurance programs.
These are the key learning objectives for Reinsurance on SOA Exam ASTAM. Paraphrased from the public SOA syllabus — we recommend also checking the current syllabus on soa.org before your exam sitting.
Distinguish between proportional and excess of loss reinsurance structures
Price reinsurance layers using burning cost and exposure methods
Evaluate the impact of reinsurance on retained losses and capital
Upload your ACTEX Exam ASTAM digital edition, scanned ASM pages, TIA handouts, or your own notes. exclam.ai extracts the Reinsurance sections and generates flashcards automatically.
Generate multiple-choice quizzes specifically on Reinsurance. Weak questions get re-surfaced until you get them right consistently.
Because Reinsurance is 10–20% of your exam, losing it during review costs you. FSRS brings it back at the optimal moment.
SOA Exam ASTAM has 5 topic areas. Reinsurance is weighted at approximately 10–20% of the exam — here is where it sits relative to the other topics.
| Topic area | Weight |
|---|---|
| Advanced Loss Modeling | 20–30% |
| Credibility Theory | 15–25% |
| Ratemaking | 15–25% |
| Loss Reserving | 20–30% |
| → Reinsurance | 10–20% |
Advanced severity, frequency, and aggregate loss models including tail fitting, censoring, and truncation.
Classical limited fluctuation credibility, Buhlmann and Buhlmann-Straub models, and Bayesian credibility.
Loss ratio and pure premium methods, trend and development, expense provisions, and classification ratemaking.
Loss development and reserving methods including chain ladder, Bornhuetter-Ferguson, Cape Cod, and frequency-severity approaches.
Upload your ACTEX Exam ASTAM digital edition, scanned ASM pages, TIA handouts, or your own notes. exclam.ai generates a fully guided study plan with adaptive flashcards and quizzes for this topic.