FASB Board Proposes Changes to P&C Insurance Company Disclosures
Since 2008, the Financial Accounting Standards Board (FASB) has been working alongside the International Accounting Standards Board (IASB) on revisiting the United States Generally Accepted Accounting Principles (US GAAP) accounting model for insurance contracts. While the IASB appears to be moving ahead with fundamental changes to insurance contract accounting under International Financial Reporting Standards (IFRS), … Read more
Think Like a Futurist
We’ll have many things to celebrate at the CAS Centennial Celebration and Annual Meeting, scheduled for November 9-11 in New York City. Since our founding in 1914, the CAS has developed into an organization whose credentials are the most highly respected in the property/casualty actuarial profession. However, in order to maintain our leading position, we … Read more
Risk Premium Project II Database — A Valuable Research Resource
The Committee on Theory of Risk (COTOR) began the Risk Premium Project (RPP) in 2000 with RPP I, which represented an extensive, thorough, and up-to-date analysis of the theory and empirics of risk assessment for property-casualty insurance. Given the vast development in this field, the RPP II update extended the findings from RPP I with … Read more
Join the CAS Community of ERM Practitioners
The CAS has taken another step forward in supporting its members working in enterprise risk management with the formation of the CAS Enterprise Risk Management Special Interest Section (ERM SIS). I invite you to join me and other actuaries with an interest in advancing ERM practice by becoming a member of the section. As I … Read more
CAS Academic Central Begins Anew
As you know, the CAS University Engagement Committee has been making tremendous efforts to enhance and reinvigorate our relationship with the academic community. This increasing level of engagement will be critical going forward, from many perspectives: Marketing the CAS and the casualty actuarial profession to university students; Providing advice and resources to universities and faculty … Read more
My Exams – Accessing Your Candidate Information Online
The CAS is always looking for ways to streamline and improve the candidate process. We want to make sure your time is spent where it needs to be – on your career path to becoming an FCAS. After receiving member feedback regarding access to exam information and candidate numbers, we have created a new section … Read more
March is Women in Insurance Month
As the first chief actuary of the Insurance Information Institute – an organization designed to help everyone understand insurance better – I was keenly interested in having I.I.I.’s Pinterest board celebrating Women in Insurance Month include perhaps the most famous female actuary, Ruth Salzmann, FCAS. Ms. Salzmann’s actuarial career began in the 1940s. She was … Read more
Social Media Discussions: My Views
Since assuming a leadership position within the CAS, I have tried to stay current on conversations about actuarial issues taking place within social media channels. As I’ve followed the conversations over the past few weeks, I’ve made note of a few issues on which I would like to share my views through the CAS’s own … Read more
Connecting with Universities – The CAS University Liaison Program
University engagement is an important part of the CAS Strategic Plan, as the CAS has an objective to build and foster relationships with academics and university students. To support this goal, CAS has been expanding the University Liaison program, which matches CAS members to universities. Since October 2013, we have matched over 60 members to universities … Read more

