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Old 12-15-2018, 11:06 PM
Mahlerite Mahlerite is offline
Join Date: Feb 2010
Posts: 150
Unhappy I hit a wall in ASM.

I cannot wrap my head around lessons 7-10 in ASM. Itís a lot of info at once.

Can I safely skip these loss reserving and ratemaking lessons and come back to them later?

Are these lessons difficult for you, too?

Do you have any advice?
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Old 12-16-2018, 08:29 AM
ActuariesInAction ActuariesInAction is offline
Join Date: May 2018
Posts: 2

I would recommand getting your handle on loss reserving. I skipped ratemaking it was a hard topic for me.

I still passed STAM last sitting.
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Old 12-16-2018, 02:06 PM
Abraham Weishaus Abraham Weishaus is offline
Join Date: Oct 2001
Posts: 7,233

The rest of the course is not dependent on ratemaking or loss reserving. You may postpone covering them if you wish.

I put them at the beginning since the topics are covered in the same textbook as the one that discusses insurance coverages, and that topic is a basic topic. These topics are simple in the sense that they don't use probability distributions (at least not explicitly).

Working out exercises many times helps you understand the material. And even if you don't pick up everything in the first reading, you pick up some of it, which is helpful.
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asm, loss reserving, ratemaking

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