Actuarial Review May/June 2026 Cover
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Actuarial Review May/June 2026 Cover

May/June 2026

This edition examines the evolution and future of the insurance industry, highlighting how ancient risk-sharing practices inform modern actuarial responses to emerging threats.
Actuarial Review March/April 2026 Logo

March/April 2026

This edition examines the P&C risk landscape, focusing on the flood insurance coverage gap, the impact of 3D printing on underwriting, and GenAI workflows for actuaries.
Casualty Actuarial Society
The Casualty Actuarial Society (CAS) stands as the premier global organization dedicated exclusively to property and casualty (P&C) insurance credentialing and professional education. Founded in 1914, the CAS has spent over a century setting the gold standard for expertise and integrity in the actuarial profession. With a robust network of over 11,000 members worldwide, the society provides elite training in general insurance, reinsurance, and finance, ensuring that professionals are equipped to handle the complexities of a shifting global risk landscape.

CAS members are highly sought-after experts known for their ability to apply advanced predictive analytics and data-driven insights to solve complex risk management challenges. By specializing in enterprise risk management (ERM) and non-life insurance sectors, CAS-credentialed actuaries provide the technical rigor necessary for modern financial stability. Their specialized knowledge allows them to navigate the nuances of property damage, liability, and catastrophic loss, making them indispensable assets to both private corporations and international regulatory bodies.

Beyond traditional insurance roles, the Casualty Actuarial Society empowers leaders in business and government to make high-stakes strategic and financial decisions. Through rigorous examinations and a commitment to continuous professional development, the CAS ensures its members remain at the forefront of actuarial science. By bridging the gap between complex data and operational excellence, the CAS continues to foster a community of professionals who safeguard the economic future through informed, well-balanced risk assessment and financial modeling.

CAS Mission Statement
The Casualty Actuarial Society (CAS) is dedicated to advancing the global body of knowledge in actuarial science, specifically focusing on general insurance and complex risk exposures such as property and casualty (P&C). By expanding the application of analytical modeling to enterprise risk management (ERM) and systemic risks, the CAS remains at the forefront of modern financial security. The organization is committed to establishing rigorous professional standards of qualification and maintaining high levels of competence and ethical conduct among its members. Through its mission to increase public awareness of the actuarial profession, the CAS empowers experts to provide data-driven insights that safeguard the economy and contribute meaningfully to the well-being of society as a whole.
Career Encouragement and Community Building
The Casualty Actuarial Society (CAS) is a global leader in P&C actuarial career development and community building. By supporting everyone from students to executives through initiatives like CAS Student Central and specialized scholarships, the CAS fosters a diverse talent pipeline. Through strategic DEI partnerships with organizations like IABA, OLA, and NAWA, the CAS empowers the next generation of risk professionals to master predictive analytics and drive industry innovation.
Exams and Admissions
The Casualty Actuarial Society (CAS) provides world-class P&C credentials and technical resources, equipping members to master complex risk management and predictive analytics. From foundational exams to elite fellowship designations, the CAS serves as the industry gold standard through its specialized education and global community. Candidates working toward ACAS or FCAS certification gain a competitive edge with exclusive benefits, including the Future Fellows newsletter, discounted seminars, and free study materials via the University of CAS (UCAS). By fostering professional development and peer networking, the CAS ensures its members are uniquely prepared to lead in catastrophe modeling and financial risk disciplines.
Membership
The Casualty Actuarial Society (CAS) serves as the premier global authority for property and casualty professionals, supporting everyone from university students to seasoned veterans. Through an extensive network of regional affiliates and specialized programs like Academic Central and CAS Student Central, the society provides essential career resources, exam guidance, and risk management expertise to thousands of stakeholders. By fostering a culture of volunteerism and continuous professional development, the CAS advances the field of actuarial science while ensuring its members maintain the highest standards of integrity and excellence in an evolving industry.
University Programs
The Casualty Actuarial Society (CAS) bridges academia and the property and casualty industry by fostering a robust talent pipeline through specialized recognition and mentorship. Their University Recognition Program honors excellence in insurance education with tiered support, while the University Liaison Program connects hundreds of professionals with global campuses to provide expert guidance and classroom integration.
We equip students and faculty with comprehensive resources, ranging from Student Central memberships and scholarships to intensive programs covering predictive modeling and catastrophe risk. By offering exclusive research, continuing education, and event fee waivers for educators, the CAS ensures that both aspiring actuaries and their professors remain at the forefront of modern actuarial science.
Professional Education
The Casualty Actuarial Society (CAS) provides premier professional education to keep property and casualty actuaries competitive in an evolving industry. Through a robust schedule of webinars and the extensive University of CAS (UCAS) digital library, members gain vital expertise in areas like predictive analytics, ethics, and executive leadership. Whether accessing on-demand courses or attending elite seminars, insurance professionals at every career stage can leverage these resources to master complex risk management and maintain the highest global credentialing standards.
About Casualty Actuarial Society (CAS) – Quick Answers
What is CAS?
The Casualty Actuarial Society (CAS) is the world’s premier international organization for property and casualty (P&C) actuarial credentialing and professional education. Serving over 11,000 members globally, the CAS sets the gold standard for expertise in risk management, reinsurance, and predictive analytics, empowering professionals to solve complex insurance challenges through data-driven insights. By maintaining rigorous professional standards and fostering a diverse talent pipeline through initiatives like the CAS 2025 Strategic Plan, the society ensures that its members—from new Associates to seasoned Fellows—remain uniquely qualified to drive strategic financial decisions and contribute to the global economic well-being of society.
How do I volunteer with CAS?
Volunteering with the Casualty Actuarial Society (CAS) is a vital way for members and candidates to expand their professional networks, build leadership skills, and directly influence the future of the property and casualty (P&C) actuarial profession. Approximately one-third of the membership gives back annually through roles in exam grading, committee leadership, and micro-volunteering opportunities, all of which are managed through the CAS Portal. Whether you are a new Associate or a seasoned Fellow, the CAS recognizes exceptional service through prestigious honors such as the Above and Beyond Achievement Award and the Matthew Rodermund Memorial Service Award, ensuring that those who advance actuarial science and professional integrity are celebrated within the global insurance community.
How do I find an actuary?
Visit the CAS portal to get connected with an Actuary
https://portal.casact.org/Public/Members.aspx
Upcoming Events with CAS
View the CAS calendar for upcoming events, webinars, and meetings on our site: https://www.casact.org/calendar
What is the CAS Institute?
The CAS Institute (iCAS) empowers high-level quantitative professionals across the financial services industry to accelerate their career goals through rigorous, specialized credentials and an elite global actuarial community. Backed by the century-long expertise and prestige of the Casualty Actuarial Society (CAS), our professional designations—including the Certified Specialist in Predictive Analytics (CSPA)—are globally recognized and trusted by top-tier employers for their technical depth and ethical rigor. By providing advanced training in data science, predictive modeling, and risk management, The CAS Institute ensures that practitioners possess the cutting-edge skills needed to drive innovation in the modern insurance and financial sectors.
How do I become a CAS member?
The Casualty Actuarial Society (CAS) offers a tiered membership structure designed to support property and casualty (P&C) professionals at every career stage, from university students to seasoned experts.Members benefit from a global network of regional affiliates, exclusive professional development through the University of CAS (UCAS), and numerous volunteer opportunities that help advance the industry and maintain the highest standards of actuarial science.

The CAS offers several pathways to join its professional community, including:

  • Associate (ACAS) & Fellow (FCAS): Credentialed levels for those who have completed the required examinations and professionalism courses.
  • Affiliate Membership: For actuaries who belong to other professional bodies but practice in the P&C field.
  • CAS Student Central: A free membership for university students to access study tools and career resources.
  • Academic Central: A no-fee program for professors and educators involved in actuarial science and related fields.
  • Subscriber Program: For non-members, companies, or regulatory bodies wishing to stay informed on CAS activities.
  • Mutual Recognition: For qualified actuaries from specific international actuarial organizations seeking CAS credentials.
What is the CAS University Program?
The Casualty Actuarial Society (CAS) University Programs are designed to bridge the gap between academia and the property and casualty (P&C) insurance industry by fostering a robust pipeline of future talent. Through the CAS University Recognition Program, the society supports higher education institutions that demonstrate a commitment to general insurance education, while the University Liaison Program connects over 300 practicing P&C professionals with students and faculty for mentorship and campus presentations. Students benefit from exclusive resources such as CAS Student Central, the P&C Actuarial Essentials Program, and specialized actuarial scholarships, while professors receive dedicated support through Academic Central, including continuing education (CE) opportunities and fee waivers for CAS professional meetings. By collaborating closely with universities, the CAS ensures that the next generation of actuaries is equipped with the analytical and predictive modeling skills necessary to excel in the global risk management landscape.
Can CAS help with my job search?
The Casualty Actuarial Society (CAS) Career Center is the premier digital hub for actuarial job seekers and employers within the property and casualty (P&C) insurance industry. Whether you are looking for actuarial internships, entry-level positions, or executive leadership roles, the Career Center provides specialized resources, including a comprehensive job board, career development news, and best practices for recruitment. By connecting top-tier talent with the CAS Employer Network, the society fosters a robust pipeline for professionals skilled in risk management, predictive analytics, and general insurance, while also offering internal career opportunities for those looking to join the dedicated CAS staff in supporting the global actuarial community.
Does CAS have professional education programs?
The Casualty Actuarial Society (CAS) offers industry-leading professional education and continuing education (CE) programs designed to keep property and casualty (P&C) actuaries at the cutting edge of a fast-evolving field. Through the University of CAS (UCAS), members gain access to a robust library of virtual CE resources, including expert-led webinars, online courses, and seminar recordings covering critical topics like predictive modeling, ratemaking, and executive leadership. With high-profile signature events such as the CAS Spring and Annual Meetings, as well as specialized seminars on reinsurance and loss reserves, the CAS provides essential opportunities for professional growth and adherence to global actuarial standards. These programs ensure that ACAS and FCAS credentialed professionals maintain their competitive advantage while fulfilling annual compliance requirements for technical competence and integrity.