News

As previously announced with the CAS Admissions Transformation Plan, the CAS will be testing based on the new Content Outlines for Exams MAS-I, MAS-II, and 5 beginning this October/November 2023. With this transition, new item types will be introduced into the October/November 2023 exams. Previously, Exams MAS-I and MAS-II contained multiple choice, single response question types and Exam 5 contained constructed response and spreadsheet question types.

As the field of actuarial science continues to evolve, there is a growing need for actuaries to have advanced tools and techniques to help them better understand and manage risk. Recognizing that the CAS also evolves by revolutionizing how it prepares actuaries with problem-solving skills for the future, the CAS Board of Directors has approved a new predictive analytics requirement as part of the Admissions Transformation Plan.

The CAS is pleased to announce the publication of the new Content Outlines (formerly referred to as Syllabi) for Exams 7 and  9, as outlined in the Admissions Transformation Plan (ATP). The new content outlines enable candidates to begin their preparations for the new exams. Candidates preparing for the May 2024 sitting of Exams 7 and 9 should refer to these new content outlines.

The CAS is pleased to announce the introduction of exam breaks during our four-hour exams, starting with the Fall 2023 exam sitting. This new initiative is designed to enhance the performance and well-being of all exam takers, by providing them with an opportunity to rest and recharge during their exams.

We are pleased to announce that registration for the highly anticipated CAS Annual Meeting is now open! Please save the dates of November 5-8, 2023, as we gather in the dynamic city of Los Angeles, California, for an exceptional event that promises to be the highlight of the year for insurance and actuarial professionals.

The CAS is pleased to announce the release of its Spring 2023 E-Forum.

The CAS is issuing a Request for Proposals (RFP) for a research paper which studies and discusses the actuarial considerations associated with IFRS-17 implementation for general insurers in Asia.

A Town Hall discussion was held in conjunction with the 2023 CAS Spring Meeting on Monday, May 8, 2023 on the topic of “Preparing the Actuary of the Future.”

The Actuarial Standards Board (ASB) of the American Academy of Actuaries approved an exposure draft of a new ASOP on enterprise risk management to replace ASOP Nos. 46 and 47, Risk Evaluation in Enterprise Risk Management and Risk Treatment in Enterprise Risk Management, respectively. The proposed ASOP, titled Enterprise Risk Management, provides guidance to actuaries when performing actuarial services with respect to developing, maintaining, or reviewing all or part of an enterprise risk management (ERM) framework.