Category Archives: Research

CAS Research Review Q&A: Practical Guide to Predictive Models

As part of our new CAS Research Review series, CAS is highlighting important papers and articles you may have missed! Here we are speaking with Don Closter ACAS, MAAA, co-author of Predictive Models: A Practical Guide for Practitioners and Regulators. What is the objective of this paper, and who is it for? The objective of … Read more »

New CAS Research Brief on Pandemic Business Interruption Risk

The Covid-19 outbreak has inflicted enormous pain and difficulty on a global scale. Many aspects of day-to-day life have been affected. Adding to the ordeal is the slow-down in the general business environment that has negatively impacted the livelihood of many and thereby, the quality of their lives and overall well- being. In order to … Read more »

Open Communities and Lucrative Networks

I’ve been a Deadhead for over thirty years. One of the things that made the band so easy to get into was the fact that their concert recordings – thousands of them – were freely traded among fans. I had boxes filled with cassettes that allowed me to experience over a quarter century of performances. … Read more »

COVID-19 and the P&C Insurance Industry

Property casualty insurance is an interesting beast. Whereas life, health and pension are defined by what they cover, P&C – as a label – scarcely does justice to its scope. At a moment like this, it seems more fitting to apply the more apt, if nebulous, term “general insurance” to consider how actuarial practice will … Read more »

Collaborating in the Cloud

Last August, the CAS made a significant organizational investment. We created an account on GitHub, one of the leading cloud-based platforms, which implements the version control utility, git. Everyone who read that last sentence will have one of three reactions: 1) I love git, it’s about time the CAS did this! 2) I’ve heard of … Read more »

Publishing Research Through the CAS

The CAS Reserves Committee is currently reviewing papers submitted to our non-technical reserving call paper program. Our call for papers  (annually or bi-annually) provides a smooth path for budding authors to publish their work, since the committee provides a guiding hand at every step of the way: Once an author’s proposal is accepted, the author … Read more »

Recognizing Important Contributions to Property Casualty Research

Two years ago, the CAS Reserves Committee (CASCOR) established the Reserving Research Hall of Fame (RRHOF) to honor and draw attention to important reserving-related research. The inaugural RRHOF class, announced at the 2016 Casualty Loss Reserve Seminar, included papers by Thomas Mack, Ronald Bornhuetter and Ronald Ferguson, and James Berquist and Richard Sherman. To get … Read more »

Communities of Interest

One of the most interesting parts of any actuarial meeting or seminar is when experts in the field have the opportunity to have an off-the-cuff discussion, letting ideas fly back and forth. Audience members may even muster the courage to take part in the dialogue themselves. Some of the best exchange of ideas comes from … Read more »

ASTIN: Give It a Try!

When I first became an actuary 30 years ago, and again about 20 years ago when I first entered academia and began devoting more time to research, I enthusiastically joined ASTIN, the non-life special interest section of the International Actuarial Association.  I enjoyed receiving the green volumes of the ASTIN Bulletin twice per year, and … Read more »

Nominate Deserving Individuals For the Michelbacher Significant Achievement Award

The Casualty Actuarial Society invites nominations for individuals to be considered for the Michelbacher Significant Achievement Award. The award recognizes an individual who has made significant personal contributions to the advancement of casualty actuarial science and practice. The recipient will be presented with a plaque and monetary award at an upcoming CAS meeting. Nominations should … Read more »