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In honor of The CAS Institute (iCAS) conferring the 100th designation of the Certified Specialist in Predictive Analytics (CSPA) credential, I recently sat down with Maggie Kong, FCAS, CSPA, and Chris Macella, CSPA, of Allstate Insurance Company to talk about their iCAS experiences.
Over 300 insurance industry professionals recently earned their Associateship (ACAS) or Fellowship (FCAS) credentials from the Casualty Actuarial Society (CAS) by passing examinations given during the CAS’s Fall 2023 exam sitting.
The Casualty Actuaries of Europe (CAE) are excited to announce that we will be holding our first live event since 2019 in Zurich on 7 October 2022, hosted by SCOR. The presentation of the 2022 SCOR Switzerland Actuarial Award will be incorporated into our event. We expect the sessions to start at around 9am (with doors opening at 8am) and run through to 5pm, with plenty of networking breaks.
Notes From the Syllabus and Examination Committee
Occasionally the Syllabus and Examination Committee responds to questions that arise about specific exam issues. The most recent responses can be found in the expandable sections below.
More Admissions News
Over 500 insurance industry professionals recently earned their Associateship (ACAS) or Fellowship (FCAS) credentials from the Casualty Actuarial Society (CAS) by passing examinations given during the CAS’s Spring 2023 exam sitting.
ANAHEIM MARRIOTT
ANAHEIM, CA
SEPTEMBER 5-7, 2018
Onsite Brochure
Pre-registration is now closed. Please register with the CAS Staff Anaheim, CA. Questions? Call 703-276-3100.
The Home for Future CAS Candidates
Welcome to the home for CAS candidates! This is the place to stay updated on everything you need to know as a candidate headed towards membership in the CAS. If you’re looking for information on a specific topic, like exams or study tips, browse through our past issues of Future Fellows.
Contact the Candidate Advocate Working Group
About the CAS Climate Change Resource Library
This repository of recent climate change-related research and professional education features papers, presentations, and recordings from CAS publications and meetings, as well as interviews and press related to the topic.
The CAS Board’s Governance Task Force (GTF) has received recommendations from an independent consultant for enhancing our governance system to align with governance best practices for professional membership organizations. The recommendations focus on the overall governance structure, Board policies and procedures, and roles and responsibilities.
The CAS Board of Directors has adopted an updated Strategic Approach to Diversity, Equity and Inclusion (DE&I), a revised version of the strategy adopted in October 2020 that reflects member feedback received through an exposure and comment period.
Many CAS members have expressed concerns to senior leadership regarding a recent email that sought to influence their vote on the CAS Bylaws proposal that is on the 2021 CAS elections ballot. The email contained misstatements, and we believe it is important to clarify those misstatements.
The Bylaws proposal consists of three main changes endorsed by the Board of Directors, two of which were recommended by CAS legal counsel to reflect best practices in association management.
The CAS Spring Meeting Working Group is seeking additional member volunteers. Please see description below and if you are interested in joining this working group, please complete the Volunteer Interest and Participation (VIP) Survey at your earliest convenience, but no later than August 1, 2022.
The Call
The Casualty Actuarial Society, in conjunction with the CAS Monograph Committee, is pleased to extend a call for monographs on the topic of Claim Inflation (often commonly referred to simply as “Trend”). The purpose of this call is to develop a source of literature with emphasis on the educational and professional needs of actuaries to systematically and explicitly account for claim inflation with particular focus on its impact on P&C actuarial pricing and reserving.
Complete Session Descriptions
November 12
8:00 AM – 4:30 PM (GMT-10 HAWAII)
8:00 – 9:15 am
Innovations Contribution to Financial Strength
"It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change."
Charles Darwin
The Casualty Actuarial Society (CAS) has received five awards across four association award programs for exemplary work completed in 2022.
One week after officially beginning her term as president of the CAS, Kathy Antonello took the time to meet with me to discuss her career path and goals as president, while also offering some excellent advice for candidates.
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.
CAS Code of Professional Conduct
(As Amended November 12, 2000)
(Effective Date: January 1, 2001)
The purpose of this Code of Professional Conduct ("Code") is to require Actuaries to adhere to the high standards of conduct, practice, and qualifications of the actuarial profession, thereby supporting the actuarial profession in fulfilling its responsibility to the public. An Actuary shall comply with the Code. An Actuary who commits a material violation of the provisions of the Code shall be subject to the profession's counseling and discipline procedures.
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.
List of Attendees by Organization
List of Attendees by Last Name
The Casualty Actuarial Society (CAS) and The Institutes CPCU Society invite you to be a part of the 2019 Underwriting Collaboration Seminar (UCS) scheduled for March 25, 2019, in Boston, MA.