Actuarial Review
Volume 27, No. 2 / May 2000
From the President
The CAS and Regional Affiliates

by Alice H. Gannon

The Casualty Actuaries of the Desert States, the CAS's newest Regional Affiliate, held its first meeting on February 18, 2000 in Scottsdale, Arizona. Approximately 20 founding members, along with the organizers, Julia Perrine, Andy Ribaudo, and Kevin Donovan, attended this first meeting, which included discussion of the group's purpose and future activities. I was also fortunate to be there and was struck by how similar this first organizational meeting was to the first meeting in 1985 of the Southwest Actuarial Forum, the Regional Affiliate of which I am a founding member. I suspect it was also similar to the first meeting in 1964 of the CAS's first Regional Affiliate, the Actuaries Club of Philadelphia (now named the Casualty Actuaries of the Mid-Atlantic Region).

For the last 36 years, as the membership of the CAS has grown and become more geographically diverse, Regional Affiliates have formed to help meet the needs of casualty actuaries. As president of the CAS I have so far visited 9 of our 14 Regional Affiliates and am newly aware of the important contributions these groups are making toward the purposes of the CAS.

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Features

CAS Rejects Mutual Recognition

The CAS Board of Directors approved the recommendations of the CAS Task Force on Mutual Recognition and decided against a proposal to implement a program of mutual recognition at its Board Meeting in November 1999. As a result of the task force's findings, the CAS will not seek to enter into bilateral agreements with other actuarial organizations for reciprocal Fellowship status to Fellows wishing to practice in the host country of the other organizations. The Board also approved continuation of several initiatives regarding examination waivers and insuring that qualified actuaries are not barred from practice in the U.S. or in other jurisdictions.

In 1998, leaders of the Institute of Actuaries, the Faculty of Actuaries, and the Institute of Actuaries of Australia approached the CAS to consider establishing a program of mutual recognition. Under mutual recognition, a series of bilateral agreements would be executed between the participating organizations referred to as the "home organization" and the "host organization."
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