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The CAS Ratemaking Working Group is issuing a Request for Proposals (RFP) seeking research related to the development of scaling laws in pure premium models for use in the ratemaking process.
Publications Submission Information
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(Formerly the Reserves Prize)
This award commemorates the work of Ronald Bornhuetter, FCAS (1957). The award was renamed in November 2006 from the Reserves Prize. The award is made to the author(s) of the best paper submitted in response to a call for papers regarding reserves, whenever the program is conducted by the Reserves Committee of the Casualty Actuarial Society.
The CAS Publications Council invites professionals, researchers, and enthusiasts in the field of actuarial science to contribute essays on the profound impact of Artificial Intelligence (AI) on the actuarial profession, insurance industry, and the broader ecosystem. As the integration of AI continues to reshape the landscape, we seek insightful perspectives that delve into the challenges, opportunities, and ethical considerations that actuaries face in this evolving era.
Suggested Essay Topics:
The CAS and the CAS Ratemaking Working Group have released two new requests for proposals on emerging ratemaking topics: scaling laws in pure premium models and severe convective storm event exposures. The detailed topics are as follows:
Scaling Laws in Premium Models
The CAS conducted its second annual Volunteer Feedback Survey in July 2023. The survey was developed in partnership by volunteers and staff on the Volunteer Resources Working Group (VRWG). The goal was to gather input from volunteers across the organization related to their experiences volunteering with the Casualty Actuarial Society, to determine strengths of the volunteer program and identify opportunities for improvement.
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In the spirit of Cyber Monday, the CAS is offering a 25% off one-day-only discount on select 2023 seminar/meeting recordings and special bundles. This deal is only available for the day of: November 27, 2023. The deadline to be CE compliant is December 31! Please note this price is for individuals only.
Available Products at a discount (25% off)
2023 RPM Seminar
2023 Spring Meeting
Join us February 1–15, 2024, and Celebrate 10,000 CAS members with 10,000 seconds (about 3 hours) or more of movement weekly and move for a cause! Every movement supports the CAS Trust, funding scholarships for our society’s future. From commemorative swag to team competitions, the CAS Trust 10K Strong Challenge is more than fitness — it's a movement driving impact. Embrace our legacy, boost your well-being, and empower our industry's next generation during Insurance Careers and Be an Actuary month. The Challenge awaits!
Lasso Credibility is a new actuarial modeling technique using existing tools that will be introduced in the upcoming monograph “Penalized Regression and Lasso Credibility.” Lasso Credibility expands the scope of modeling for actuarial pricing analysis and allows for credible results on datasets that would not provide significant conclusions if using traditional GLM approaches. This webinar will introduce the theory behind the technique, it strengths and weaknesses, provide best practices on its implementation, and introduce expected pricing use cases for this methodology.
Registration is now open for the April/May 2024 CAS Exam Administration. For exam dates and additional information, visit the exam registration page.
In 2020, the CAS established a partnership with Pearson VUE, the global leader in computer-based testing, as its new test delivery partner to serve the CAS candidate community across the globe. With the close of the May 2023 exam sitting, the CAS has conducted six successful computer-based exam sittings with over 23,000 exams delivered.
The Casualty Actuarial Society has mutual recognition agreements with three other actuarial organizations. Details about qualification for Fellowship in the Casualty Actuarial Society by mutual recognition are included on the application forms that are linked below.
The Casualty Actuarial Society (CAS) has received five awards across four association award programs for exemplary work completed in 2022.
The CAS has released the 2024 Syllabus of Basic Education. This document includes important announcements; registration processes; schedules; detailed information about examinations, scoring, and accreditation; membership requirements; CAS policies; and more. Each candidate must read the entire Syllabus of Basic Education prior to registering for examinations.
The CAS Ratemaking Working Group is issuing a Request for Proposals (RFP) seeking research related to methods and techniques that incorporate exposures related to severe convective storm in the ratemaking process.
Registration for the upcoming April/May 2024 exams will open on January 17, 2024.
Candidates will be notified directly when registration opens.
Awards
First Prize for one team: USD 1,500
Second Prize for one team: USD 1,000
Third Prize for one team: USD 500
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One free CAS Exam registration (Exam 5 and above, excluding DISCs) for each individual of
the three winning teams.
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Opportunity to present your work to the Founder and C-suite leaders of Peak Re
Participant Requirements