Palm Desert Site for ‘97 CAS Annual Meeting

PALM DESERT, C.A.—More than 700 CAS members met in Palm Desert to attend the 1997 CAS Annual Meeting. The lush desert resort afforded attendees numerous opportunities for leisure in addition to the wide variety of educational programs offered at the meeting. Attendees played in golf and tennis tournaments, toured the Coachella Valley, and took advantage of the many soothing and relaxing spa treatments offered by the Marriott’s Desert Springs Resort and Spa.

At the Business Session held Monday, November 10, the CAS recognized 109 new Fellows and 95 new Associates. In his address to new members, Ronald L. Bornhuetter advised them to continue expanding their education. "I realize that the last thing you want to think about is more examinations," said Bornhuetter, but he encouraged new members to achieve additional designations such as CPCU and Chartered Financial Analysts. "For many of you, your actuarial training is a platform which prepares you for entry into many different and enriching areas of our business. Surprising results can occur if you are willing to take some risks," he said. He also stressed the importance of becoming involved in the CAS and other actuarial organizations.

In his Presidential Address on November 10, CAS President Robert A. Anker said that actuaries "are well positioned to grow in non-traditional fields, even as our traditional fields expand." Anker also called on the CAS to continue improving its service to non-US members and to "beef up" support in research and further development of actuarial science and its application.