The Casualty Actuarial Society Launches CAS Monograph Prize and Announces First Recipients

The Casualty Actuarial Society (CAS) is proud to announce the creation of the CAS Monograph Prize and to recognize the recipients of the inaugural award.

Established by the CAS Monograph Editorial Board, the CAS Monograph Prize is awarded biennially to honor actuaries and authors who have made significant contributions to actuarial literature through a CAS monograph. The prize recognizes work that demonstrates innovation, strong educational value, meaningful impact on the profession, and overall excellence in presentation and supporting materials.

CAS monographs are authoritative, peer-reviewed, in-depth works that provide comprehensive treatment of important topics in property and casualty actuarial practice.

Inaugural Recipients

The inaugural CAS Monograph Prize has been awarded to Mark Goldburd, FCAS; Anand Khare, FCAS; Dan Tevet, FCAS; and Dmitriy Guller, FCAS for CAS Monograph No. 5, Generalized Linear Models for Insurance Rating.

In this monograph, the authors provide a comprehensive and practical guide to building insurance rating plans using generalized linear models, or GLMs. Designed as a one-stop resource for actuaries, the monograph walks readers through the model-building process from start to finish, with an emphasis on practical application. The monograph has been added to the CAS Exam 8 content outline, underscoring its educational value and impact on the profession.

Brandon Smith, FCAS, chair of the CAS Monograph Editorial Board, said, "The CAS Monograph Prize recognizes authors whose work meaningfully advances actuarial science while supporting those in practice. Generalized Linear Models for Insurance Rating perfectly exemplifies the rigor, clarity, and practical relevance this award is intended to honor. An entire generation of CAS actuaries has now mastered the fundamentals of GLMs through studying Monograph No. 5, often translating that knowledge into impactful real-world applications. By providing a comprehensive, single-subject treatment of such a vital topic, this work represents the very best of the Monograph Series' mission. We are proud to recognize Mark, Anand, Dan, and Dmitriy for this landmark contribution to our literature."

Prize Details

The recipients of the CAS Monograph Prize receive a $10,000 award and the opportunity to present the monograph at a CAS meeting or webinar. The award will be formally presented at the 2026 CAS Annual Meeting during the Business Session.

Through the CAS Monograph Prize, the CAS reaffirms its commitment to advancing high-quality actuarial research and recognizing authors whose work strengthens the profession.