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
Have you frequently used the Bornhuetter-Ferguson method to develop ultimate loss ratios? How strong would you say your dependence on the BF method was overall in selection of final ultimates for the current accident year? These are just two of the questions in a CAS membership survey designed by the Bornhuetter-Ferguson Initial Expected Loss Ratio … Read more
The purpose of the CAS’s Open-Source Software Committee is to make advanced open-source reserving, ratemaking, and predictive modeling procedures available, accessible and of practical value to a wider audience. The Committee will foster the development of tutorials, procedures, and educational resources, and is working with the CAS professional education committees to share the information with … Read more
Louise Francis, past CAS VP-Research & Development and Alice Underwood, new CAS VP-Research & Development, co-authored this blog post. Last August, David Menning wrote a blog post about how much statistics should be included within the basic education process. He asked if statistics were covered at the right level in the current basic education structure … Read more