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About CAS
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: Research
CAS Research Review Q&A: Analysis of The Current Saudi Arabian No-Claim Discount System
As part of our CAS Research Review series, the CAS is highlighting important papers and articles you may have missed! Here we speak with Asrar Alyafie, Corina Constantinescu and Jorge Yslas, authors of An Analysis of the Current Saudi Arabian No-Claim Discount System and Its Adaptability For Novice Women Drivers in the latest CAS E-Forum. … Read more
Posted in Research.
CAS Research Review Q&A: Catastrophe Models for Wildfire Mitigation
As part of our CAS Research Review series, the CAS is highlighting important papers and articles you may have missed! Here we speak with Milliman consulting actuaries Nancy Watkins, FCAS, and Peggy Brinkmann, FCAS, CSPA, two of the authors of Catastrophe Models for Wildfire Mitigation: Quantifying Credits and Benefits to Homeowners and Communities. CAS: What … Read more
Posted in Research.
Unboxing Hierarchical Compartmental Reserving Models
Why you should read the CAS research paper Markus Gesmann and Jake Morris are delighted to present “Hierarchical Compartmental Reserving Models”, which was published as part of the CAS research papers series in 2020. The paper demonstrates how one can describe the dynamics of claims processes with differential equations and probability distributions. All of … Read more
Posted in Research.
An Actuary and an Epidemiologist Walk into a Bar
Actuaries and epidemiologists share a lot in common. Both use advanced mathematical tools to study human behavior, investigate patterns, and manage risks. The medical profession has long utilized epidemiological models to understand the dynamics of epidemics and to project the trends, preparing for the allocation of medical resources and developing public health policies. Similar goals … Read more
CAS Research Review Q&A: Practical Guide to Predictive Models
As part of our new CAS Research Review series, CAS is highlighting important papers and articles you may have missed! Here we are speaking with Don Closter ACAS, MAAA, co-author of Predictive Models: A Practical Guide for Practitioners and Regulators. What is the objective of this paper, and who is it for? The objective of … Read more
New CAS Research Brief on Pandemic Business Interruption Risk
The Covid-19 outbreak has inflicted enormous pain and difficulty on a global scale. Many aspects of day-to-day life have been affected. Adding to the ordeal is the slow-down in the general business environment that has negatively impacted the livelihood of many and thereby, the quality of their lives and overall well- being. In order to … Read more
Posted in Research.
Open Communities and Lucrative Networks
I’ve been a Deadhead for over thirty years. One of the things that made the band so easy to get into was the fact that their concert recordings – thousands of them – were freely traded among fans. I had boxes filled with cassettes that allowed me to experience over a quarter century of performances. … Read more
Posted in Research.
COVID-19 and the P&C Insurance Industry
Property casualty insurance is an interesting beast. Whereas life, health and pension are defined by what they cover, P&C – as a label – scarcely does justice to its scope. At a moment like this, it seems more fitting to apply the more apt, if nebulous, term “general insurance” to consider how actuarial practice will … Read more
Posted in Communications, Research.
Collaborating in the Cloud
Last August, the CAS made a significant organizational investment. We created an account on GitHub, one of the leading cloud-based platforms, which implements the version control utility, git. Everyone who read that last sentence will have one of three reactions: 1) I love git, it’s about time the CAS did this! 2) I’ve heard of … Read more
Posted in Research.
Publishing Research Through the CAS
The CAS Reserves Committee is currently reviewing papers submitted to our non-technical reserving call paper program. Our call for papers (annually or bi-annually) provides a smooth path for budding authors to publish their work, since the committee provides a guiding hand at every step of the way: Once an author’s proposal is accepted, the author … Read more