Global Updates
University Programs

The CAS Celebrates Global Winners of the Case Study Creation Challenge

CAS Celebrates Global Winners

In 2025, the CAS launched its first ever global competition for the development of innovative classroom materials. The CAS Case Study Creation Challenge in General Insurance Actuarial Science invited academics, students, and practitioners from around the world to design case studies and teaching materials that bring actuarial concepts to life through practical, real-world learning experiences.

Developed by faculty members, industry professionals, and cross-disciplinary teams from around the world, these case studies bridge the gap between actuarial theory and practice. Each one is grounded in authentic general insurance contexts, offering students the opportunity to engage with realistic data, complex decision-making, and modern actuarial techniques. 

The winning case studies span an impressive range of topics, including extended warranty and device protection, property insurance market dynamics, auto claims prediction, pet insurance pricing, P&C solvency regulation, and motor insurance fraud detection. The collection also highlights emerging and high-impact areas such as climate and catastrophe risk, flood hazard modeling, parametric crop insurance, and sustainability-focused risk management using derivatives in agriculture.

The CAS congratulates the following winners for their outstanding contributions to this growing global library of educational materials, thereby helping prepare the next generation of actuaries for success in an evolving profession.

1st Place:

  • The Hidden Fabric - Weaving Data, Risk, and Market into Smart Extended Warranty Protection
    • By Satya Sai Sri Charan Wootla, Satya Sai Mudigonda, Phani Krishna, Kandala, Arunachala Sivateja Mudigonda, Sri Sathya Sai Institute of Higher Learning
  • Property Insurance Market By Kwan Ken Yap, Generali Malaysia Insurance

2nd Place:

  • Predicting Auto Claims in Spain
    • By Lalith Devireddy, Travelers
  • Pet Project – Pricing Pet Insurance for Dogs in the Indian Market
    • By Mahadev Suresh, Satya Sai Mudigonda, Phani Krishna Kandala, Arunachala Sivateja Mudigonda, Sri Sathya Sai Institute of Higher Learning

3rd Place:

  • P&C Solvency Regulation Case Study
    • By Alisa Walch, Miriam Fisk, Shinko Harper, University of Texas at Austin
  • Detecting and Profiling Potential Motor Insurance Fraud
    • By Zawatil Isyqi Mokhtar, Nur Annisa Ezzaty Rusli, Ritika Agarwal, Asia Pacific University of Technology and Innovation
  • Hedging Sustainability: Derivative Modeling for Risk Management in India’s Agricultural Sector
    • By Dr. Neelesh Upadhye, Harkishan Baniya, Shaswat Bhaskar, Indian Institute of Technology Madras
  • Climate-Risk-Adjusted Parametric Crop Insurance for Indian Farmers
    • By Kuhana Loganand, Bishop Heber College
  • Comprehensive Modelling and Forecasting of Malaysian Flood Hazard Using Catastrophic Modelling Techniques
    • By Li Kee Ong, Caryn Chuah, Kai Hoong Ong, Lin Hom, Rakha Raizel Firmansyah, Asia Pacific University of Technology and Innovation
  • Ring, Lost, Replace — Designing and Implementing Pricing Models for Phone Replacement Insurance
    • By Aakash Sahu, Satya Sai Mudigonda, Phani Krishna Kandala, Omkar Reddy K, Sri Sathya Sai Institute of Higher Learning

These winning case studies will be made available to universities participating in the CAS University Recognition Program. If you wish to request special access, please email international@casact.org.

The CAS is excited by the widespread enthusiasm and innovation demonstrated through this inaugural challenge and looks forward to continuing to expand its library of actuarial education resources. Details for the 2026 CAS Teaching Materials Challenge will be announced soon, and participants from around the world are encouraged to apply.