The Casualty Actuarial Society is a professional organization whose purpose is the advancement of the body of knowledge of actuarial science applied to property, casualty, and similar risk exposures.
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Category Archives: From the President
As I announced on November 16 at the CAS Annual Meeting in Philadelphia, during the CAS Board of Directors meeting held on November 15, the Board unanimously approved the formation of The CAS Institute, which will provide credentialing and professional education for technical quantitative specialists whose work often overlaps and supports that of actuaries. The … Read more
Whether we like it or not, the environment for the Casualty Actuarial Society and its members is changing. One might paint different pictures of these environmental changes. One picture might be a major paradigm shift for the CAS that drives innovation and excellence. Another picture might be an evolution of our actuarial profession and the … Read more
At a CAS Board meeting last August, Board Member Jessica Leong posed a strategic question: “Why does the CAS exist?” Leong told the Board about author Simon Sinek’s TED Talk inspired by his book, “Start with Why.” Sinek observes how successful organizations communicate and sell themselves and believes that many organizations communicate in questions in … Read more
Amid the challenges of the past year, there have been several opportunities to evaluate the CAS value proposition, that is, what we offer to our various constituents that encourages them to turn to the CAS and its members. The refreshing of the CAS Strategic Plan was the foremost opportunity to evaluate our value proposition because … Read more
I was recently interviewed by a university student for his school’s actuarial science department’s newsletter. As I responded to the pointed questions about the CAS, SOA, and the future of the actuarial profession, it occurred to me that the same questions were likely on the minds of a lot of actuarial science students. So I … Read more
Toward a Better Understanding of the CAS Board Decision to Recognize CIA Exam Waivers for CAS Preliminary Exams
At its August 2012 meeting, the CAS Board of Directors approved the recommendation of the CAS Executive Council and the Education Policy Committee (EPC) that the CAS recognize the exam waivers granted by the Canadian Institute of Actuaries (CIA) for certain CAS preliminary examinations. This action followed the announcement by the CIA of the ten … Read more
As a follow-up to my May 2012 Actuarial Review “From the President” column, I am using the CAS Roundtable to invite member input on the future of the CAS. Please read the original column (or this summary post) and provide your feedback below. As the only actuarial organization in the world exclusively devoted to property/casualty … Read more
In my February 2012 Actuarial Review “From the President” column, I announced that the CAS would post a CAS Roundtable blog to solicit your views on the CAS’s geographic reach. I invite you to read the original column (or this summary post) and provide your feedback below. One of the major questions being addressed by … Read more
The Society of Actuaries (SOA) recently announced its intention to offer a general (property-casualty) insurance specialty track leading to Fellowship in the SOA stating that “including general insurance education will help fulfill the strategic vision for the SOA as a leading global provider of actuarial education.” The CAS Board affirms that it is the intention … Read more