2019 CAS Spring Meeting: President’s Perspective

The 2019 CAS Spring Meeting in New Orleans has just concluded! As expected, it was a great meeting with tremendous presentations on a wide variety of topics. The CAS offered lots of opportunity to learn, discuss, and expand your knowledge while earning CE credits. The CAS also recognized 60 new Fellows and 253 new Associates. That ceremony was the highlight of my time in New Orleans.  I had the opportunity to meet many of these new members during two special receptions.  I could not help but be excited by their enthusiasm and energy. As these new members develop their careers, I know the CAS will be the beneficiary of some of their volunteer efforts.

Our opening keynote speaker, Lt. General Honoré, a hero recognized for his efforts during Hurricane Katrina, gave an engaging and cautionary presentation on the need to build resilience into our infrastructure.  This was followed by an interesting session on insurance market dynamics led by Sean Kevelighan, CEO of the Insurance Information Institute and Benoit Carrier, an FCAS with Aon.

While I could not participate in all the concurrent sessions offered, those I attended were invariably enlightening and often entertaining. We learned about what is happening with our subsidiary, The CAS Institute, and its credentials in the area of predictive analytics and catastrophe modeling. We were exposed to the intricacies of the dark web. There were great sessions on microinsurance and the pending international accounting standard for insurance contracts, IFRS 17.

There was also an international flavor to the meeting. I attended very interesting sessions comparing the discipline process in Canada, Mexico, and the US; discussing the implications of Brexit on insurers, and providing an overview of auto insurance in South America. There was also a session on auto insurance in Asia.

I’m looking forward to seeing many current members and a record number of new members at our annual meeting in Honolulu this November! Did you attend this year’s Spring Meeting?

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About Jim Christie

Jim Christie is the president of the Casualty Actuarial Society. Jim has extensive experience as a senior insurance executive as well as a management consultant and professional actuary.