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Are you ready to immerse yourself in a vibrant community of innovative knowledge and industry leadership? This premier event is your gateway to discovering cutting-edge predictive analytics techniques, essential regulatory updates, and emerging industry issues.
Insurance Innovation Hub
GBMs present a significant opportunity for improved predictive power over GLMs. However, insurance practitioners know they need to balance other priorities, such as transparency and stability – areas that can be weaknesses for GBMs. After a brief introduction to GBMs, we will discuss specific issues related to their use for insurance applications. We will then demonstrate different approaches to address these issues, focusing on answering questions such as:
PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR. DUE TO HIGH VOLUME OF DEMAND, WE ARE ONLY ABLE TO GUARANTEE A SEAT TO THOSE WHO REGISTER 48 HOURS AHEAD OF THE WEBINAR TIME.
As was recently announced, the CAS is launching the Actuarial Professional Analysis (APA), a comprehensive evaluation that will allow the CAS to validate or redefine the importance of content areas to current and future actuaries.
All CAS members and candidates will have an opportunity to provide input to the evaluation, but there is currently a unique opportunity to contribute to the project in the form of focus groups. The groups will be divided into four potential topics (note that these topics are still subject to change):
As CAS admissions leadership and staff work diligently with psychometricians to release the April/May results by the end of July, we understand that candidates have questions as to why results are delayed.
All CAS members and active candidates are invited to participate in a unique opportunity to shape the future of the Casualty Actuarial Society (CAS) by participating in an engaging Town Hall about the next iteration of the CAS Strategic Plan.
All CAS members and active candidates are invited to participate in a unique opportunity to shape the future of the Casualty Actuarial Society (CAS) by participating in an engaging Town Hall about the next iteration of the CAS Strategic Plan.
By participating in the Town Hall, you can:
Get insights into the work underway to update the CAS Strategic Plan
Contribute directly to the development of the CAS's strategic priorities.
Influence the areas that will drive CAS forward and ensure we continue to thrive.
All CAS members and active candidates are invited to participate in a unique opportunity to shape the future of the Casualty Actuarial Society (CAS) by participating in an engaging Town Hall about the next iteration of the CAS Strategic Plan.
By participating in the Town Hall, you can:
Get insights into the work underway to update the CAS Strategic Plan
Contribute directly to the development of the CAS's strategic priorities.
Influence the areas that will drive CAS forward and ensure we continue to thrive.
The CAS conducted its third bi-annual Candidate Survey in July 2023. The survey was developed by volunteers and staff from the Candidate Advocate Working Group (CAWG) in partnership with Association Research, Inc. (ARI). The Candidate Survey provides a significant opportunity to obtain candidate input across the full range of CAS activities and gives voice to recommendations from one of our key stakeholders—the candidates.
The Casualty Actuarial Society (CAS) announces that the third annual China Insurance Summit taking place in Hangzhou, China on September 6, 2024. This will be a hybrid event, attracting actuaries, academics, and general insurance professionals from all over the world. Registration for this event will open in the coming weeks.
We are now accepting proposals for engaging presentations on matters currently impacting the general insurance market. In-person presentations are preferred, but virtual sessions may also be considered. Sessions may be conducted in Mandarin or English.
Matthew Rodermund Memorial Service Award
The Matthew Rodermund Memorial Service Award is intended to recognize CAS members who have made significant volunteer contributions to the actuarial profession over the course of a career. The award was established in 1990 in honor of Matt Rodermund's years of volunteer service to the Casualty Actuarial Society.
THE ABOVE & BEYOND ACHIEVEMENT AWARD
Have you ever worked with a CAS volunteer who performed far beyond what was expected of him or her? Such dedication is often unnoticed outside a particular committee. But you have a way to let the rest of the CAS know.
The "Above & Beyond Achievement Award" is made annually, to one or more members of the CAS, who have made a recent contribution which is conspicuously above and beyond what is reasonably expected.
The award works as follows:
The Casualty Actuarial Society (CAS) has received four awards across two association award programs for exemplary social media campaigns completed in 2023. The two programs are the TRENDY Awards and Communicator Awards. CAS CEO Victor Carter-Bey said, "The CAS is exceptionally proud to be recognized for our creativity, innovation and differentiation by receiving these four industry awards." The complete listing of awards includes:
Actuarial Standards of Practice evolve. Two veterans of the Professionalism Education Working Group will present two ASOPs with recently adopted revisions.
ASOP 36 Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves will be effective Oct 1, 2024.
ASOP 29 Expense Provisions for Prospective Property/Casualty Risk Transfer and Risk Retention effective July 1, 2024. In addition, we will talk through the process for adopting and revising ASOPs and visit other ASOPs currently being reviewed.
Following a successful return to an in-person format in 2022, the Leadership Summit will continue as a hybrid event in 2023. Chairs, Vice Chairs, Regional Affiliate officers, Vice Presidents, Staff, and others will gather to learn new skills and discuss CAS issues.
Hosted by President-Elect Frank Chang, this year’s Summit will include:
The Casualty Actuarial Society (CAS) is pleased to announce its individual grant research recipients for 2024. They include:
Ready, Set, Grow! Join the International Association of Black Actuaries (IABA) in Philadelphia, August 1-3 for an extended weekend of professional and career development activities. Featuring over 80 of the profession’s premier employers, this event will help you take your actuarial career to the next level. Our incredible slate of speakers will inspire you and provide invaluable insight. Join us as we embark on this new chapter!
CAS members are invited to attend the 2024 Annual Meeting of the International Association of Black Actuaries (IABA), scheduled for August 1-3, 2024, at the Philadelphia Marriott Downtown hotel in Philadelphia, PA.
The meeting is open to all who support IABA’s mission to contribute to an increase in the number of Black actuaries and to provide equitable exposure, access, development and advancement for Black actuaries.
The Joint Casualty Actuarial Society (CAS) and Society of Actuaries (SOA) Committee on Inclusion, Equity, and Diversity (JCIED) is holding its second annual Diversity Symposium on July 31, 2024 in Philadelphia. The Symposium will bring together CAS and SOA diversity champions, and you are invited to participate!
As digital assets continue to reshape finance, so must cyber insurers protect customers at both micro and systematic levels. “A Framework for Digital Asset Risks with Insurance Applications,” released by the Casualty Actuarial Society and Society of Actuaries, provides actuaries a foundation for safeguarding the integrity and stability of the rapidly evolving digit asset landscape.
