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CAS Exam 2025 With 100% Correct Answers
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264

August 2025

2025/2026

A+
Risk Margin - CORRECT ANSWERA provision for uncertainty in an unpaid claim estimate Unpaid claim estimate - CORRECT ANSWERThe actuary's estimate of the obligation for future payment resulting from claims due to past events. For clarity and unless otherwise indicated, this estimate is on an undiscounted basis NAIC - CORRECT ANSWERan organization of regulators that coordinates governance. The NAIC itself is not a regulator so its laws are not in fact laws. States have the option of whet...
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