MICHELBACHER SIGNIFICANT ACHIEVEMENT AWARD
The Michelbacher Significant Achievement Award is intended to recognize a person or persons who have significantly and fundamentally advanced casualty actuarial science. Initially awarded in 1979, the prize formerly commemorated the work of Gustav F. Michebacher and was given to the best paper submitted in response to a CAS call for discussion papers. It was repurposed as the Michelbacher Significant Achievement award in 2010, and was first awarded in 2013.
Selection of recipients can be based on a single contribution or a lifetime body of work at the committee's discretion, and the award can be shared by two or more professionals if appropriate. Nominees are carefully considered by a specially appointed committee of the CAS. If no nominees are considered worthy, no award will be given, and the award will be offered every three years. The committee's decision will be final.
The announcement of the award will be made at the CAS Annual Meeting.
The amount of the Michelbacher Significant Achievement award is $10,000.
For the nomination of the Michelbacher Significant Achievement Award, contact Karen Sonnet at email@example.com.
The CAS is pleased to announce that Robert Bailey is the second winner of the Michelbacher Significant Achievement award. In evaluating his nomination, the committee documented Mr. Bailey's contributions to actuarial science with his work on credibility concepts, notably the unique contribution of actuaries to statistical theory. He was also an early regulator and wrote a great many papers over the years which are valuable to the profession to this day.
The CAS is pleased to announce that Glenn Meyers is the first winner of the Michelbacher Significant Achievement award. In evaluating his nomination, the committee recognized his extensive contributions over many years, evident in the research he has conducted, the papers he has published, and the presentations he has made to educate others. It is very fitting for him to be the recipient of this inaugural award to recognize his uniquely distinguished accomplishments.