Actuarial Review - February 2011


THE NEWSLETTER OF THE CASUALTY ACTUARIAL SOCIETY · VOL. 38, NO. 1 · February 2011
From The President: What Does it Mean to be International? Ralph Blanchard—What role should the CAS play in this brave new world? How international should the CAS be, and what does it mean to be “international” in the first place? *Continued...* New Associates Admitted in November 2010 *Continued...* New Fellows Admitted in November 2010 *Continued...* CAS to Address ACAS Rights: Proposed Constitution and Bylaws Amendments Slated for 2011 Election *Continued...* Committee Seeks to Develop CAS Future Leaders *Continued...* Opinion: Discount Rate for Reserves Should Not be Increased for Illiquidity —Neal Schmidt—Many contentious issues that have arisen out of the various economic or fair value accounting proposals being considered by the IASB and the FASB, and under Solvency II *Continued...* The Top Ten Casualty Actuarial Stories of 2010 —Michael Christian and Joseph Milicia— *Continued...* In My Opinion: I Won the Lottery! —Grover Edie—Many of us use the math behind lotteries to explain expected value and other probabilistic concepts. Here is how I see I won the lottery *Continued...*
In Memoriam Humor Me It's a Puzzlement Actuarial Foundation Updates Professional Education Calendar Nonactuarial Pursuits Ethical Issues Forum Web Site News 25 Years Ago in The Actuarial Review Brainstorms Editorial Staff From the Readers Incoming CAS President Ralph Blanchard (left) presents Roger Hayne with a plaque in appreciation of Mr. Hayne’s service as CAS president from 2009 to 2010. The CAS Annual Meeting was held November 7-10, 2010, in Washington, DC. Click here to download the PDF version of the newsletter. Click here to view past issues.	Thank You For Being A Friend! 2010 CAS Annual Meeting Sponsors Recognized 10 Ways to Stay Connected with the CAS 2011 CAS Trust Scholarship Program Spalla, Meyers, and Venter Recognized as Outstanding Volunteers New UCAS Sessions Available Don’t Miss the 2011 CAS Spring Meeting in Palm Beach, FL! 2011 RPM Seminar Set for New Orleans Attend the 2011 ERM Symposium for the Latest on ERM Thinking and Practices Save the Date! Reinsurance Seminar Slated for Philly in June Two CAS Fellows Named “Women to Watch” by Business Insurance Connect with the CAS Career Center