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Alyaa and Aisha Nuval Othman: Twin CAS Fellows Break the Ice in Malaysia’s Insurance Market

Alyaa and Aisha Nuval Othman, twin sisters and newly credentialed Fellows of the Casualty Actuarial Society, are now making their mark at Malaysia Re, the country’s national reinsurer. Malaysia Re is the largest national reinsurer (by asset and gross premium) in the Southeast Asia region, achieving MYR 2.5 billion (approximately US$ 527.2 million) in gross written premiums in the fiscal year 2024. 

The sisters both completed their American Degree Transfer Program at Taylor’s University in Malaysia and subsequently graduated from the University of Wisconsin-Madison before returning to Malaysia to complete their Fellowships. Now, they are giving back to the actuarial profession in meaningful ways. Alyaa is an active volunteer with the Asia Region Casualty Actuaries (ARECA), a CAS Regional Affiliate, while Aisha serves as a mentor to actuarial students at Heriot-Watt University Malaysia. 

Their actuarial journeys were inspired by Ravee Menon, their high school math tutor and now an associate professor of actuarial science at the University of Malaya, a CAS University Recognition Program partner. Menon played a pivotal role in encouraging them to pursue the field, setting them on the path to their current success. 

When they’re not advancing in their careers, the Nuval Othman sisters are breaking the ice in a different arena — they’re both members of the Malaysia Women’s National Ice Hockey Team.

These fellows are members of the Malaysia Women’s National Ice Hockey Team.
Alyaa and Aisha Nuval Othman, University of Wisconsin graduates.