[[Actuarial Notes Wiki|Wiki]] / [[Actuarial Certifications]] / [[Casualty Actuarial Society (CAS)]] / ==Exam 5 (CAS)== > **Exam 5** is a 4 hour exam about insurance ratemaking and reserving, administered by the Casualty Actuarial Society (CAS) twice per year. It typically consists of approximately 25 short answer questions. > - [[Exam 5 Study Hub|Study for Exam 5 - October 2025]] <div class="grid"> <a class="card internal-link" href="Exams/Exam 5 (CAS)/Exam 5 Study Hub"> <h3 class="act-card__title">Study for Exam 5</h3> <p class="act-card__subtitle">The next exam period is October 14-20, 2025. The registration fee is $850.</p> <div class="act-card__pills" aria-label="Requirements"> <span class="act-pill act-pill--courses">💡 45 Ratemaking Concepts</span> <span class="act-pill act-pill--courses">💡 41 Reserving Concepts</span> <span class="act-pill act-pill--exams">❓ 100+ practice problems</span> </div> </a> </div> ![[Exam 5 (CAS) Syllabus]]