CASFellowshipFCAS track
CAS Exam 7 Pass Rates
Exam 7: Advanced Estimation of Claims Liabilities
23.7%
Spring 2026 raw pass rate
−7.4 ptsvs 31.1% in Fall 2025
- All-time high
- 57.7%Spring 2014
- All-time low
- 23.7%Spring 2026
- Average
- 43.8%across 16 sittings
- Std. deviation
- 10.0 ptssitting to sitting
- Candidates tracked
- 9,8642011 to 2026
- Sittings
- 16of 17 on record
Raw pass rate
Every Exam 7 sitting
| Sitting | Candidates | Passed | Raw rate | Effective rate |
|---|---|---|---|---|
| Spring 2026 | 642 | 152 | 23.7% | 25.6% |
| Fall 2025 | 639 | 199 | 31.1% | 33.7% |
| Spring 2025 | 745 | 366 | 49.1% | 53.7% |
| Spring 2024 | 785 | 448 | 57.1% | 60.8% |
| Spring 2023 | 572 | 250 | 43.7% | 47.3% |
| Spring 2022 | 617 | 348 | 56.4% | 61.1% |
| Spring 2021 | 571 | 239 | 41.9% | 45.4% |
| Fall 2020 | 848 | 439 | 51.8% | 55.4% |
| Spring 2019 | 880 | 380 | 43.2% | 45.0% |
| Spring 2018 | 897 | 343 | 38.2% | 40.3% |
| Spring 2017 | 829 | 399 | 48.1% | 49.6% |
| Spring 2016 | 603 | 226 | 37.5% | 39.0% |
| Spring 2015 | 459 | 224 | 48.8% | 49.8% |
| Spring 2014 | 300 | 173 | 57.7% | 58.8% |
| Spring 2013 | 342 | 101 | 29.5% | 32.3% |
| Spring 2012 | 135 | 58 | 43.0% | 46.4% |
| Spring 2011 † | 9 | 1 | 11.1% | 12.5% |
† Micro-sitting excluded from the computed statistics above (it still appears on the chart and in this table).
About Exam 7
Exam 7 is the first of the three CAS fellowship exams and is offered once a year in the spring. The 2026 syllabus overhaul renamed it Advanced Estimation of Claims Liabilities and refocused it on reserving methods, a change that coincided with a sharp break in its pass-rate history.
Data: Casualty Actuarial Society official exam statistics, 2011 to 2026. Last updated July 5, 2026.