Are You Ready?

This paper presents a possible vision for the treatment of property/casualty and other related risks in a converging financial-services marketplace. While each market-generated development is not equally probable, substantial change is likely. To succeed in the coming decades, actuaries - like their employers - will have to meet changing marketplace needs. The CAS brings value to its members and their clients by providing education and research that help members meet those changing needs. The purpose of this paper is to encourage CAS members to develop their own visions of the future marketplace and to stimulate change in CAS research and education to meet the needs of the new and still-evolving financial-services marketplace.