Is this topic examined often? I've looked through the last few papers and I haven't seen it. Are there any topics people feel are long overdue to be examined? finally, are there any topics that are never examined (I know everything in the core reading is fair game but just based on past experience)? Many thanks
Open to correction, but I believe something related to Solvency II has featured in most (all?) recent papers, and I would guess will continue to do so into 2016+
Sure. Tiger is right, Solvency II has appeared in many (but not all) recent SA3 exams. Everything in the course is examinable (as is everything outside the course!), but notably absent in any past papers to date are: Pricing large commercial risks (chapter 6) Extreme Value Theory (Chapter 12) Ruin Theory (chapter 13) Return on Capital (chapter 7) Of course, that doesn't guarantee that they never will be examined