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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.
Popular Posts
Challenges to the Casualty Actuarial Profession 2016
IoT is not the same as lol (Internet of things, laugh out loud). The open internet, cloud computing, and the vast freedoms enhanced with mobile technology are already here. These present new risks for the actuarial community to become engaged. Cyber risk is not the nascent concept assumed years ago. It is here today and … Read more
Every Year is an Election Year at the CAS!
The United States presidential election is upon us. As an actuary, I find statistics interesting and recently read that voter turnout rates for U.S. presidential elections has been between 50-60 percent over the past decade. In comparison, here at the CAS, only around one-third of all eligible voters cast a ballot when CAS election season … Read more
The Staff Actuary’s Blog: 2016 Actuarial Research Conference
In the category of U.S. Cities, the answers are: Birthplace of writer F. Scott Fitzgerald, cartoonist Charles M. Schulz, and musician Prince. Headquarters of retailer Target, Inc. Location for WJM-TV and Mary Tyler Moore. Site of the 51st annual Actuarial Research Conference. For all of these, the appropriate game-show response would be: “What is Minneapolis-St. … Read more
Three Considerations for Career Opportunities
In my address to new members at the 2016 Spring Meeting, I offered three emerging trends that new members should consider as they pursue future career opportunities. Disruption in our industry will continue and will do so at an exponential pace. Some of these disruptions will take the form of technology firms entering the insurance … Read more
Posted in Future of the Profession, Risk Management.
The Staff Actuary’s Blog: The CAS Bylaws, Constitution, and Who We Are
Every year, on July 4, I read the United States Declaration of Independence – usually to myself, but occasionally aloud to my kids (for whom the experience is, no doubt, a highlight of the summer…) The document still gives me chills: because of the gravitas of the subject matter, certainly, but also due to the … Read more
Exploring the Actuarial Profession in Latin America
Last week I attended the IAA (International Actuarial Association) Actuarial Regional Seminar in Latin America, which was held in Santiago, Chile. The Chilean actuarial society (Instituto de Actuarios Matematicos de Chile) is an Associate member of the IAA, and I was joined at the seminar by over 100 international actuarial professionals from countries such as … Read more
Posted in International and tagged Actuarial Regional Seminar, Chile, IAA, Latin America, Solvency II, WHO, World Bank, World Health Organization.
International Picnic Day – More than Your Picnic Basket May Be at Risk
This Saturday marks International Picnic Day! Celebrated around the world, June 18 is the day that people take their food and eat outside, enjoying the fresh air, beautiful sun, and…swarm of insects. Some claim the original concept of a picnic dates back to outdoor medieval feasts held by the nobility. Others assert that picnics came … Read more
Posted in Communications, Risk Management and tagged Food risk, International Picnic Day, Picnic, workers compensation.
The Staff Actuary’s Blog: ASTIN Colloquium 2016
I’m just back from the annual ASTIN Colloquium, held June 1-3 in Lisbon, Portugal, on the campus of the Lisbon School of Economics and Management (known locally as ISEG, “Instituto Superior de Economia e Gestão”). The meeting was a valuable and enjoyable experience – although I was delighted to return home and experience both air … Read more
The CAS Launches Research Committee Wikis
Over the past several years, two CAS research committees have developed wikis that are open to CAS membership as well as the general public. They were created with the goal of providing content and learning materials to anyone who is interested. The CAS Open Source Software Committee (OSSC) wiki (https://opensourcesoftware.casact.org/) is the online resource for … Read more
Posted in Research and tagged CHCI, committe, Health Care Issues Committee, Open Source Software Committee, Open-Source Software, OSSC, research committee.
The Staff Actuary’s Blog: CAS Research Need Not Involve Triple Integrals! (Not that there’s anything wrong with those…)
In this blog post, I hope to accomplish two things at once, both involving CAS research. First, I’m happy to share that we have added a page to the website for our peer-reviewed research journal, Variance, titled “Articles in Press.” Currently, because of copyediting and the lengthy publication process, we have a collection of accepted … Read more
Posted in Research and tagged Articles in Press, Casualty Catastrophe Analytics, Catastrophe Risk, Counterfactual Disaster Risk Analysis, E-Forum, Gordon Woo, Steve D'Arcy, Variance.