Casualty Actuarial Society
What Does Casualty Actuarial Society Mean?
The Casualty Actuarial Society (CAS) is a professional organization for actuaries. It is also responsible for providing accreditation for several professional designations, including Associate of the Casualty Actuarial Society (ACAS) and Fellow of the Casualty Actuarial Society (FCAS).
Insuranceopedia Explains Casualty Actuarial Society
To become a licensed actuary through the Casualty Actuarial Society, individuals must undergo extensive training and pass challenging exams covering a wide range of topics, including finance, mathematics, and economics. Much of the work CAS-credentialed actuaries do involves analyzing risk and setting prices for property and casualty lines like auto and homeowners coverage. Their calculations are a big part of how insurance premiums are calculated, and they also influence rates at major car insurance companies across the country.
