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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
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
Expanding Our Horizons
In my February 2012 Actuarial Review “From the President” column, I announced that the CAS would post a CAS Roundtable blog to solicit your views on the CAS’s geographic reach. I invite you to read the original column (or this summary post) and provide your feedback below. One of the major questions being addressed by … Read more
Point-Counterpoint from the May 2012 Actuarial Review: What is Your View?
The May 2012 issue of The Actuarial Review included point-counterpoint opinion pieces from Mike Miller and Pat Teufel regarding the future of the actuarial profession. According to Mr. Miller, “Now is the time for a significant change in the organizations that serve U.S. actuaries.” He goes on to propose “a new U.S. actuarial organization built … Read more
Posted in Future of the Profession and tagged Actuarial Review.
Enhancing Communications with CAS Members
As the CAS Vice President-Marketing and Communications, my duties include evaluating the effectiveness of CAS communications with members and improving our efforts to communicate where necessary. Last year, the CAS Executive Council identified several areas of potential improvement as we considered input on how well we are communicating from the Task Force on Improving Communications … Read more
CAS Board Response to Members and Candidates Regarding Recent Developments
The Society of Actuaries (SOA) recently announced its intention to offer a general (property-casualty) insurance specialty track leading to Fellowship in the SOA stating that “including general insurance education will help fulfill the strategic vision for the SOA as a leading global provider of actuarial education.” The CAS Board affirms that it is the intention … Read more
Posted in From the President and tagged CAS Board of Directors.