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We are still seeking your help finalizing our exam grading rosters for this sitting, specifically for these exams:
Exam 5: Basic Ratemaking and Estimating Claims Liabilities,
Exam 6U: Regulation and Financial Reporting (US)
Exam 7: Estimating Liabilities, Valuation, and ERM
Exam 9 Financial Risk and Rate of Return.
The Casualty Actuarial Society (CAS) has announced that deep-sea explorer and retired U.S. Navy Commander Dr. Robert Ballard, best known for his discovery of the R.M.S. Titanic, will be the featured speaker at the 2023 CAS Spring Meeting, May 7-10, 2023 in Boston, Massachusetts.
The CAS has partnered with the company Parchment to offer a new service for members and candidates – digital badges.
We are excited to announce that the program guide for the 2023 CAS Spring Meeting is now available! The theme for this year's meeting is "Navigate. Predict. Lead." We will be exploring the latest industry trends with a focus on navigating the changing landscape of the insurance industry, predicting future risks and opportunities and leading the field in innovation and thought leadership.
Registration is now open for the May 2023 CAS Exam Sitting. The registration deadline is April 10, 2023 at 11:59 PM ET. For exam dates and additional information, visit the exam registration page.
The CAS is pleased to announce that as part of the Admissions Transformation Plan, computer-based practice exams for the MAS exams will be available again exclusively for candidates that are registered for the spring 2023 sitting of MAS-I and/or MAS-II.
As we head into the busy end-of-year season, the CAS recognizes that it may be difficult to stay informed about forthcoming updates being implemented through our Admissions Transformation Plan (ATP), so we are providing a preview at this time.
The 2023 Spring CASE meeting was held on March 27th, 2023 in Boca Raton, FL. Below is the agenda with links to presentations listed afterwards.
Deadline for submission: April 10
Submit Your Idea
The Casualty Actuarial Society invites you to be a part of an exciting seminar for fall 2023. The Casualty Loss Reserve Seminar Working Group is soliciting your submission of proposals for presentations at the upcoming event scheduled for September 11-13, 2023, in Orlando, FL.
The CAS is seeking volunteer mentors to participate in the 2023 CAS Student Central Summer Program, an eight-week interactive professional and educational experience for university students spanning June 12 thru August 4! This free online program, designed by practicing actuaries, will support students’ career growth by providing technical and soft skill development through a series of weekly modules.
Getting the Most out of the Examiners’ Reports
Beginning with the May 2012 examinations, the Examination Committee started publishing “Examiners’ Reports” for Exams 5 through 9. Examiner's Reports ceased being published when computer based testing began in the Fall 2020 sitting. These reports include narratives for each question describing where points were achieved and where points were commonly missed by the candidates. The Examiners’ Report is an invaluable tool when preparing for an upcoming exam or consequently assessing missed opportunities on a prior exam.
Enjoy an unforgettable dinner with fellow Spring Meeting attendees set against a backdrop of ocean animals and a scenic view of Boston Harbor! The CAS is excited to announce that our Tuesday night dinner will be hosted at the New England Aquarium! During this special event, you will have the opportunity to privately view first-class exhibits featuring animals from around the world and mingle with fellow members as penguins, sea turtles and thousands of tropical fish swim beside you. Inside, the four-story Giant Ocean Tank creates a fascinating centerpiece for the evening.
We are seeking your help finalizing our exam grading rosters for this sitting, specifically for Exam 5: Basic Ratemaking and Estimating Claims Liabilities, Exam 7: Estimating Liabilities, Valuation, and ERM, and Exam 9 Financial Risk and Rate of Return. Anyone who volunteers to grade this sitting will be eligible to win a $100 Amazon gift card.
This webinar is 90 minutes.
This webinar is complimentary to non-North American audiences in the CAS.
In recognition of outstanding leadership and efforts within the insurance industry developing solutions for authenticity, inclusion and diversity, the Casualty Actuarial Society (CAS) has been honored with the 2022 Diversity and Inclusion Industry Champion of the Year award from Gamma Iota Sigma (GIS). GIS is the industry’s premier collegiate talent pipeline, serving over 5,000 students and 25,000 alumni from a growing network of over 100 colleges and universities throughout North America.
Registration for the May 2023 CAS Exams MAS-I, MAS-II, 5, 6-Canada, 6-US, 7 and 9 will close on April 10, 2023 at 11:59 p.m. ET.
Register
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A new paper has been published on the Variance website:
“Individual-Level Loss Reserving and Environmental Changes” by A. Nii-Armah Okine
Macro-level models are still popular methods for reserve prediction. This paper advocates for increased implementation of micro-level reserving models and shows that micro-level reserving methods could easily accommodate environmental changes.
The 2023 Winter E-Forum features papers from Wang, Cullinane, Sen and Brown/Julga/Merz on Pareto-Gamma Mixture Excess Severity, Forecasting Audit Premiums, Prospect Theory & Cat Bonds, and P&C Reserving Best Practices.
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