Casualty Actuarial Society

About Us

About Us

The CAS focuses on supporting casualty actuaries who are committed to achieving their full professional potential while maintaining the highest standards of conduct and competence.

Mission Statement

(as adopted by the CAS Board of Directors, November 7, 2010)

The purposes of the Casualty Actuarial Society are:

  • to advance the body of knowledge of actuarial science applied to general insurance, including property, casualty and similar risk exposures;
  • to expand the application of actuarial science to enterprise risks and systemic risks;
  • to establish and maintain standards of qualification for membership;
  • to promote and maintain high standards of conduct and competence;
  • to increase the awareness of actuarial science;
  • and, to contribute to the well being of society as a whole.

Vision Statement

(as adopted by the CAS Board of Directors, November 7, 2010)

Actuaries are recognized for their authoritative advice and valued comment wherever there is financial risk and uncertainty.

Definition of a Casualty Actuary

(as adopted by the CAS Board of Directors, November 7, 2010)

A casualty actuary is a professional skilled in the analysis, evaluation and management of the financial implications of future contingent events primarily with respect to general insurance, including property, casualty, and similar risk exposures. A casualty actuary has practical knowledge of how these various risks interact with each other and the environment in which these risks occur.