Peter Riihiluoma, FCAS, has been appointed senior vice president, head of specialty reinsurance at Hamilton Re, the company’s Bermuda-based insurance and reinsurance underwriting platform. Riihiluoma has held underwriting, pricing and portfolio management responsibilities across a diverse portfolio of specialty reinsurance lines since joining Hamilton in 2019 as vice president, specialty reinsurance. Prior to Hamilton, he …
When Bob Conger, FCAS, MAAA, HonFIA, celebrated his 70th birthday in 2023, he set a goal of running his first marathon before the end of that year. Not only did he accomplish his goal, Conger used his platform to raise more than $8,000 for The Actuarial Foundation. “I prepared to run the marathon, putting in …
Over a century ago — even prior to the establishment of the modern SOA and CAS — individuals specializing in various insurance domains within different companies began congregating to exchange insights, collaborate and collectively advance their expertise on risk management using mathematics and statistics. Since its inception, actuarial science has embraced an open exchange of …
Continue reading “The Rise of Open-Source Tools for Actuaries”
Last year, we accomplished a lot and hit a lot of milestones. I’d like to thank Roosevelt Mosley, Kathy Antonello and Victor Carter-Bey for their leadership as well as the volunteers, staff and leaders who contributed to these accomplishments. We ended the year with a very memorable Annual Meeting in Los Angeles: celebrating milestones (#CAS10k), …
Continue reading “A Glimpse at the Past, a Look Toward the Future”
The Casualty Actuarial Society (CAS) held a successful, day-long China Summit on November 17, 2023, in Beijing, China, with virtual attendance also available. The summit addressed a wide range of topics relevant to actuaries practicing in China, attracting participants from across the insurance industry in China and abroad, including CAS members, candidates, academics and other …
James Guszcza became an actuary because he wanted to do data science work, even though that field didn’t exactly exist. Data science was evolving, so it didn’t have a name yet. In this Annual Meeting session, “Professionalizing Artificial Intelligence: Lessons from Actuarial Science,” Guszcza looks at the diverse skills and perspectives that actuaries apply to …
Continue reading “Professionalizing Artificial Intelligence: Lessons from Actuarial Science”
The Supreme Court ruled that universities cannot use race as a consideration in the admissions process. The CAS has never used race and will never use race as a consideration in the admissions process. The CAS strategic approach to diversity, equity and inclusion (DEI) strives to promote equality of opportunity along the entire actuarial career …
Note to readers Actuarial Review recommends that CAS members read the 239-page opinion, including the dissent. The opinion can be found at https://www.supremecourt.gov/opinions/22pdf/20-1199_hgdj.pdf. Affirmative Action and DEI by C. K. “Stan” Khury and Robert J. Finger The CAS DEI program claims many benefits, including, as provided on the CAS official website: … creating an innovative …
This past May, several CAS members had the privilege of joining actuaries from around the world as they convened for the International Congress of Actuaries (ICA) in Sydney, Australia. Some actuaries arrived early to participate in the International Actuarial Association (IAA) council and committee meetings that took place the week prior to the ICA. At …
