News

Registration is open for the annual CAS/AICT Joint Seminar, to be held virtually on September 15-16 (Taipei Time).

The Casualty Actuarial Society recently released a joint report examining China’s insurance trends. Co-sponsored with the Society of Actuaries and Canadian Institute of Actuaries, “China: An Era of Insurance Innovation,” highlights insurance trends in China, with a particular focus on topics that will drive the enterprise risk management (ERM) function of insurance companies.

Two new papers have been published on the Variance website.

The CAS is pleased to announce its inaugural “Hacktuary Challenge,” a contest designed to showcase the actuarial skill set in developing novel risk engineering solutions. The challenge offers a prize of $15,000 to the individual or group who develop an application that utilizes actuarial concepts to solve a pressing risk management problem related to personal auto insurance. The target platform of the application is open — it may be deployed as a mobile app, an interactive web site, a desktop application, or some other means. The only deployment criteria are that it be publicly available and feature interactive elements.

Last month, Mallika Bender, FCAS, MAAA, was featured in the Conference of Consulting Actuaries (CCA) Leadership Development Interview Series.

The CAS has made it easier for actuarial employers to sign up their actuarial employees for CAS webinars and at substantial savings for those companies with a large number of actuaries spread across multiple locations.

The 2022 CAS election ballot is now available to be completed online. Voting members (Associates who have been members at least five years and Fellows) should have received an email from our online elections vendor, Skypunch Technology, with instructions for accessing the ballot.

Recently, a number of candidates have reported challenges finding exam appointments at a preferred location. As noted in our Fall 2022 CAS Exam Availability Update, the CAS and Pearson VUE continue to monitor capacity for CAS candidates registering for the Fall 2022 exam sitting.

The Actuarial Standards Board (ASB) of the American Academy of Actuaries approved an exposure draft of a proposed revision of Actuarial Standard of Practice (ASOP) No. 36, now titled Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves.