With its newest class of Fellows and Associates, the CAS has reached a 7,000 member milestone this year. Membership now stands at 4,942 Fellows, 2,235 Associates and 20 Affiliate members, for a total of 7,197 active members. From international seminars to regional meetings, the CAS fuels continued growth by providing more than 100 continuing education opportunities each year. Also contributing to this growth are newly developed programs for members to pursue opportunities created by technological advancements and emerging fields.
Over the past 100 years, the CAS has been at the forefront of actuarial innovation in the property-casualty field, supporting the profession as it expands to tackle new and emerging issues such as climate change, automated vehicles and cyber liability. CAS members are using their capabilities with skills such as predictive modeling to deliver business value in a wide range of areas, including underwriting, pricing, claims management, sales and marketing, and financial forecasting.
Originally named the Casualty Actuarial and Statistical Society of America in 1914, the charter class totaled 97 Fellows — the only classification for members at the time. In 1921 the organization adopted its current name, the Casualty Actuarial Society, and by 1972 the CAS had more than 500 members. The 1980s saw CAS membership double, reaching 1,000 members in 1983. By 1993 membership had doubled again to 2,000. Greater awareness of the profession through consistently high ratings in the Jobs Rated Almanac in the 1990s through the 2000s fed membership growth as the CAS doubled again to 4,000 members in 2005, then reached 5,000 in 2010 and 6,000 in 2013, until achieving the 7,000 member mark this year.