Casualty Actuarial Society

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AXIS-Sponsored 2018 Asia Region Casualty Actuaries (ARECA) Actuarial Scholarship Winners Announced

04/03/2018 —

The ARECA Scholarship committee is pleased to announce this year’s winners of the ARECA Scholarship:

Jerald Lim, Jiajin Li and Hang Guo.

The ARECA Scholarship is awarded to current undergraduate students in the Asia Pacific region who are interested in pursuing the actuarial profession. The primary element of the scholarship competition is for the applicant to prepare an essay (approximately five pages) addressing one of several business scenarios that are illustrative of the issues that are analyzed by property / casualty actuaries in their daily work. ARECA and CAS plan to invite the three winning students to participate in an upcoming local ARECA meeting (or other actuarial event) during 2018. The funding for these scholarships is sponsored by AXIS, part of the AXIS Capital group of companies.

Jerald Lim, a senior at Singapore Management University majoring in Economics and Actuarial Science, was this year’s recipient of the $1000 ARECA Scholarship. His Scenario Essay topic was on Peer-to-peer Motor Insurance.

Jiajin Li, a junior at Renmin University, China majoring in Applied Statistics, was awarded a $600 ARECA Scholarship for her efforts on Peer-to-peer Motor Insurance.

Hang Guo, a junior at Southwestern University of Finance and Economics, China majoring in Insurance Bilingual Classes, was awarded a $400 ARECA Scholarship for his efforts on Typhoon Damage.

Winners of the ARECA Scholarship were chosen by the ARECA Scholarship Subcommittee. Candidates must be enrolled as full-time undergraduate students at a college or university in the Asia Pacific region, be a member of CAS Student Central, and have sat for at least one actuarial exam. A selection committee of CAS members assesses the candidates' Scenario essay.

About ARECA

ARECA (“Asia Region Casualty Actuaries”) was formed in 2015 as a regional affiliate of the Casualty Actuarial Society.  ARECA provides continuing education programs, information and other support to actuarial programs at universities across Asia, networking opportunities for current and future actuaries, and now the ARECA scholarship.  For more information about ARECA, visit the CAS website at http://www.casact.org/community/affiliates/areca/ .

ABOUT THE CAS

The Casualty Actuarial Society (CAS) is a leading international organization for credentialing and professional education. Founded in 1914, the CAS is the world’s only actuarial organization focused exclusively on property and casualty risks and serves over 8,000 members worldwide. Professionals educated by the CAS empower business and government to make well-informed strategic, financial and operational decisions. Learn more at www.casact.org.

ABOUT AXIS

AXIS is part of the AXIS Capital group of companies, which includes global insurers and reinsurers providing clients and distribution partners with a broad range of specialized risk transfer products and services.  AXIS generously has provided the funding for the 2018 ARECA Scholarship. Learn more at www.axiscapital.com.

ABOUT CASUALTY ACTUARIES

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.

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