Loren Nickel, FCAS, director of business risk and insurance at Google, was recognized as the 2017 Risk Manager of the Year by RIMS, the Risk Management Society. The Risk Manager of the Year award spotlights outstanding programs that risk management practitioners have implemented within their organizations. Nickel joined Google in 2015 and is responsible for business risks that impact all Alphabet Inc. (formerly known as “Google”) companies worldwide. He is an active CAS volunteer and is currently serving as a CAS University Liaison. He is a former president of the Casualty Actuaries of the Bay Area (CABA), a CAS Regional Affiliate.
The Bermuda Insurance Institute (BII) announced that Jamie Botelho, FCAS, will receive the 2016 Young Industry Leader of the Year Award, given by the BII to an individual under the age of 35 who has made a significant contribution to his or her organization by promoting professionalism, ethics and the development of talent and technical expertise. Botelho, who earned his FCAS in 2011, currently serves as senior vice president, head of pricing at Validus Reinsurance. He told the BII that his career as an actuary “has given me many challenging and rewarding opportunities.” Prior to joining Validus, Botelho was an actuarial analyst at XL Re from 2004 to 2008.
American International Group, Inc. (AIG) announced that Brian Duperreault, ACAS, has been named president, chief executive officer and director effective May 14, 2017. Duperreault previously served as chairman and CEO of Hamilton Insurance Group, a Bermuda-based holding company. The appointment marks a return for Duperreault, who served in various executive positions at AIG early in his career from 1973 to 1994. Duperreault earned his ACAS in 1975 and shared his industry expertise with his fellow CAS members at the 2014 CAS Centennial Celebration and Annual Meeting at the session “Future of the Insurance Industry — The Next 100 Years.”
CAS Vice-President Research & Development Dave Cummings, FCAS, has been named chief actuary for USAA in San Antonio. Cummings previously served as senior vice-president for ISO and director-ERM for State Farm Insurance Companies.
Richard Easton, FCAS, and his co-author Eric Frazier appeared on C-SPAN3’s American History TV discussing their book GPS Declassified: From Smart Bombs to Smartphones. The two spoke at the New York Military Affairs Symposium on May 5. Easton is the subject of a Downtime column in the AR March/April 2014. To view the video, visit http://cs.pn/2rE0yxk.
Steve Mildenhall, FCAS, CERA, has published “Actuarial Geometry” in Risks 5:2. The paper is available in pdf at www.mdpi.com/2227-9091/5/2/3 and concerns capital allocation and fitting and determining the distribution of aggregate losses. Mildenhall is assistant professor in the School of Risk Management at St. John’s University.