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In our ongoing effort to promote inclusion and diversity, the CAS Board voted unanimously to add an optional profile question to the CAS Member Dashboard and to amend another.
Your CAS Member Dashboard now includes an option to specify your pronouns. Members who want their pronouns displayed publicly in the CAS member directory can choose from three pre-filled options (“he/his”, “she/her”, “they/their”) or select “Not Listed” to write in their own pronouns. Members who do not wish to share their pronouns can skip this question in their profile.
The CAS is thrilled to announce that 2023 Spring Meeting registration is open! This meeting will have options for in-person or virtual attendance. The in-person component will be held in Boston, Massachusetts and the virtual option will include opportunities to participate in sessions via livestream.
The CAS founder and first president Dr. Isaac M. Rubinow published the first paper in Volume 1 of the Proceedings: "Scientific Methods of Computing Compensations Rates."
The first two women were admitted during the first year of the founding of the Casualty Actuarial and Statistical Society of America. Mrs. Dorothy Rolph, Commissioner of Insurance for Colorado, was elected a Fellow on February 19, 1915. Emma Maycrink, of the New York Insurance Department, was elected a Fellow on May 19, 1915.
“Scientific Methods of Computing Compensation Rates” by I.M. Rubinow was the first paper presented at a meeting of the Casualty Actuarial and Statistical Society of America. The second paper by Albert Mowbray, “How Extensive a Payroll Exposure is Necessary to Give a Dependable Pure Premium,” shows that what we now call credibility was a hot topic from the beginning of the CAS. Through these first paper presentations, the continuing education of members began as an unintended by-product of the original purpose of the CAS.
The CAS in partnership with The Institutes is excited to announce that registration for the new Online Course, Introduction to Data & Analytics is now open! Students and candidates can register and access the course through The Institutes website. The first window available for candidates to take the exam will be January 15, 2023 – March 15, 2023.
Submission Deadline: October 31, 2022
The Casualty Actuarial Society (CAS) invites you to be a part of the upcoming 2022 China Insurance Summit taking place in Beijing on December 9, 2022. This will be a hybrid event, with participants joining from all over China, Hong Kong, Taiwan, and beyond. We welcome your proposals for presentations that are engaging and educational. In-person presentations are preferred, but virtual sessions will also be considered.
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Four CAS members were recently recognized as distinguished leaders on industry lists published by Business Insurance and Digital Insurance.
Amanda Smith, FCAS, Plymouth Rock, was recognized on Digital Insurance’s Women in Insurance Leadership list, which honors the transformative women leaders who are bringing the industry into the connected future.
Dear CAS Members:
As we approach one year since my Presidential Address given at the 2021 CAS Annual Meeting, I am renewing my call for members to pledge to be the “Actuary of the Future.” What do I mean by that?
A new paper has been published on the Variance website:
“Euler Allocation for Performance Measurement”
By Shayan Sen
In this paper the authors give a simple example that highlights why an Euler allocation is not always appropriate for performance measurement if the cost of equity capital varies by line.
The Casualty Actuarial Society yesterday announced the winners of the first-ever CAS Hacktuary Challenge, a contest designed to showcase the actuarial skill set in developing novel risk engineering solutions. Entrants were challenged to create an end-user application that would be actuarially grounded but address a risk management problem of relevance to a typical consumer.
