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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.
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Author Archives: Pat Teufel
10,000 Members and Counting: A CAS Retrospective
Congratulations to the CAS on achieving the 10,000 member milestone! This event caused me to reminisce a bit on how our Society has evolved since I joined the ranks as a new Fellow in 1979 (Associate in 1975). We were a much smaller Society back then; my fellowship class was 23 individuals (compared to … Read more
Posted in Communications, Future of the Profession.
Lean In? Gender Bias in the Actuarial Profession
Most professions have at some point dealt with the issues of gender bias and equality, and actuaries are not unique in this regard. In the January/February 2014 issue of Actuarial Review, I reviewed Lean In: Women, Work, and the Will to Lead by Sheryl Sandberg, chief operating officer of Facebook. In Lean In, Ms. Sandberg … Read more
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.
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.
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
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.
An Open Letter Regarding the Fall 2011 CAS Exam Results
One of the primary objectives of the Casualty Actuarial Society is to establish and maintain high-quality standards for membership. The value of the CAS credential comes in large part from our offering an educational process that provides the fundamental knowledge and problem solving skills that our employers and other principals expect. The CAS learning objectives … Read more
Reaching Out to Our Next Generation
Earlier this month, I attended the Actuarial Students’ National Association Convention in Niagara Falls. The event, geared to Canadian actuarial students, combines educational seminars with social activities and a career fair. With over 400 actuarial candidates in attendance, the conference was a great way for me to touch base with our aspiring members. I came … Read more
CAS Board Statement on Consolidation Proposal
The CAS Board of Directors met on November 6, 2011. One of the items on our agenda was the proposal by the SOA President for consolidation of U.S.-based actuarial organizations. Following an extensive discussion, which included a review of feedback on the proposal received from CAS members, the Board unanimously agreed to issue the following … Read more
Posted in From the President and tagged Society of Actuaries.