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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Category Archives: Communications
This Saturday marks International Picnic Day! Celebrated around the world, June 18 is the day that people take their food and eat outside, enjoying the fresh air, beautiful sun, and…swarm of insects. Some claim the original concept of a picnic dates back to outdoor medieval feasts held by the nobility. Others assert that picnics came … Read more
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
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
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
As I announced on November 16 at the CAS Annual Meeting in Philadelphia, during the CAS Board of Directors meeting held on November 15, the Board unanimously approved the formation of The CAS Institute, which will provide credentialing and professional education for technical quantitative specialists whose work often overlaps and supports that of actuaries. The … Read more
Big Data has officially arrived, and it’s changing the way business works, including actuarial science, wrote David Zornek, an actuarial consultant at Oliver Wyman, in the most recent issue of the Actuarial Review. Zornek, who is also a candidate representative to the CAS Candidate Liaison Committee, highlighted a variety of resources that actuaries can use … Read more
Did you know: Only one-third of all eligible voters cast a ballot each year in the CAS elections? This year, with only two weeks to go, just 20% have voted. As an organization, I am confident that we can do better. And I know our voters like a good challenge. After all, we all took … Read more
Thanks to all who posted comments about challenges over the last year. For review of the many responses that showed up on the CAS website I recommend you view the CAS Risk Management Committee’s (RMC) two previous blog posts: Challenges to the Actuarial Profession in 2014 and Threats to the Actuarial Profession (written in 2012). … Read more
For the first time in 21 years, the United States won one of the most intensive math competitions in the world, the International Mathematical Olympiad (IMO). Teams of high school students from over 100 countries and seven continents participated in the 56th annual competition, held in Chiang Mai, Thailand. Over two days in July, a … Read more
Whether we like it or not, the environment for the Casualty Actuarial Society and its members is changing. One might paint different pictures of these environmental changes. One picture might be a major paradigm shift for the CAS that drives innovation and excellence. Another picture might be an evolution of our actuarial profession and the … Read more