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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
What are the Top Actuarial Stories of 2012?
The CAS wants to know the stories you think made the greatest impact on the actuarial profession in 2012. Some stories are fairly obvious but we want you to dig deep into the year for those stories that may have been overshadowed. Please leave a comment on this blog post telling us your top story … Read more
Posted in Communications and tagged Actuarial Review.
Meet the CAS President: A University Student’s Interview with Gary Josephson
I was recently interviewed by a university student for his school’s actuarial science department’s newsletter. As I responded to the pointed questions about the CAS, SOA, and the future of the actuarial profession, it occurred to me that the same questions were likely on the minds of a lot of actuarial science students. So I … Read more
Posted in Exams and Admissions, From the President, Future of the Profession and tagged University Relations.
What is Relevant Continuing Education?
This is the third blog post in a series of posts by the Continuing Education Compliance Committee (CECC) in which we discuss some of the areas of confusion with the CAS Continuing Education (CE) Policy. This article discusses what constitutes continuing education and provides some practical examples. Background The CAS requires all its members providing … Read more
Posted in Professional Education and tagged Continuing Education.
Toward a Better Understanding of the CAS Board Decision to Recognize CIA Exam Waivers for CAS Preliminary Exams
At its August 2012 meeting, the CAS Board of Directors approved the recommendation of the CAS Executive Council and the Education Policy Committee (EPC) that the CAS recognize the exam waivers granted by the Canadian Institute of Actuaries (CIA) for certain CAS preliminary examinations. This action followed the announcement by the CIA of the ten … Read more
Posted in Communications, Exams and Admissions, From the President and tagged Canadian Institute of Actuaries, CAS Basic Education.
How to Document Your Continuing Education
This is the second blog post in a series of posts discussing some of the areas of confusion with the CAS Continuing Education (CE) Policy. Documentation The CAS requires all members providing actuarial services to document compliance with CE requirements. It’s not enough to simply meet the requirements; CAS members should also maintain a log … Read more
Posted in Professional Education and tagged Continuing Education.
Comparison of US Standard and Alternative Compliance – Two Facets of the CAS Continuing Education Policy
Audit Process The Continuing Education Compliance Committee (CECC), a small group of volunteers, was charged with auditing the 2011 Continuing Education (CE) logs for a sample of members as well as the CAS Executive Council and elected Board members. Through the process the CECC learned a lot and will share results and observations both through … Read more
Posted in Professional Education and tagged Continuing Education.
Complete the Bornhuetter-Ferguson Initial Expected Loss Ratio Survey
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
Posted in Research and tagged Bornhuetter-Ferguson method.
CAS Open-Source Software Committee Develops Wiki on R
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
Setting a Bold Course for the Future of the CAS
As a follow-up to my May 2012 Actuarial Review “From the President” column, I am using the CAS Roundtable to invite member input on the future of the CAS. Please read the original column (or this summary post) and provide your feedback below. As the only actuarial organization in the world exclusively devoted to property/casualty … Read more
Posted in From the President and tagged Actuarial Review.
Matt Rodermund Would Have Been Proud
As the CAS nears its centennial celebration in 2014, many members may not realize that the CAS office in Arlington, Virginia has only existed since 1991. For over three-quarters of a century, the CAS was managed almost entirely by volunteers, giving the organization a strong culture of volunteerism that continues today. As the Membership and … Read more