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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
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.
Head of Insurance at Uber Praises Value of Actuarial Talent
Gus Fuldner, head of insurance at Uber Technologies Inc. and Business Insurance’s 2016 Risk Manager of the Year, recently talked to the magazine about the importance of his actuarial team at the fast-growing technology company. Fuldner discusses hiring CAS Fellow Frank Chang, and shares with Business Insurance that he particularly values “… a really strong … Read more
Posted in Risk Management and tagged actuarial perspective, Business Insurance, Frank Chang, Gus Fuldner, RIMS, Risk Manager, Risk Manager of the Year, risk profile, uber, ultimate liabilities.
National Volunteer Week: Why Do You Volunteer for the CAS?
As the United States celebrates National Volunteer Week, CAS president Steve Lowe gave a heartfelt thank you to all CAS volunteers for giving their time and efforts around the world. I would like to join Steve in thanking CAS volunteers for your enthusiastic service to the Society. Since joining the CAS staff in 2010, I … Read more
Posted in General, Volunteerism.
Applying Innovation Principles to Managing Credit Risk
Recently I had the opportunity to present a webinar as part of the CAS Innovation Council’s Actuarial Innovator Profile Series. I discussed how the credit risk group I work with at Milliman has applied the principles articulated in Amy Wilkinson’s book, The Creator’s Code: The Six Essential Skills of Extraordinary Entrepreneurs. Wilkinson provides a valuable … Read more
The Staff Actuary’s Blog: The CAS Institute
Not surprisingly, one of the many things I’m helping with, in my month-old position as CAS Staff Actuary, is the development of The CAS Institute and its credentialing programs, beginning with a data science and predictive analytics credential. This is an initiative for which I was delighted to have cast an approving vote last year … Read more
Posted in Communications, Future of the Profession, Risk Management and tagged CAS Institute, icas, predictive analytics, professional education, Value at Risk.
Join the Live Stream Event during the RPM Seminar
The Planning Committee for the Seminar on Ratemaking and Product Management (RPM) is excited about providing a live streaming option on Tuesday, March 15, for the RPM seminar. This option provides our members with an additional way to receive CAS Continuing Education Credits in an interactive way, even while being offsite. In addition to the … Read more
Posted in Communications and tagged CAS Continuing Education, Enterprise Risk Management, RPM Seminar.
Reflections from the CAS Staff Actuary: The First Two Weeks
It is a real and sincere honor to be the CAS’s first staff actuary. The creation of such a position has been considered and discussed over the years, but only last year did the CAS Board vote to formally implement it – and only last month, in mid-January, did the position actually begin. While it has … Read more
The CAS University Award Program: Celebrating Property and Casualty Achievement
When I was an undergraduate actuarial student at the University of Michigan in the early 1990’s, I didn’t realize that property and casualty actuarial work existed separate and distinct from the life insurance field. In fact, it was the first day of my actuarial internship, the summer before my senior year in college, when I discovered … Read more
The Internet-of-Things and Actuarial Engineering
Should property-casualty actuarial science be considered an engineering specialty? Thanks to the Internet of Things (IoT) revolution, there are compelling reasons to consider aligning ourselves with engineers. According to Wikipedia, the Internet of Things is “the network of physical objects or ‘things’ embedded with electronics, software, sensors and network connectivity, which enables these objects to … Read more
Posted in Future of the Profession.