Don't forget actuaries

Risk & Insurance, March, 2008 by Thomas G. Myers

Dear Editor:

To the list of "Risk Certifications: A to Z" included in your October 1, 2007, issue (Page 47), you can add two long-standing certifications held by almost 5,000 risk professionals: Associate of the Casualty Actuarial Society (ACAS) and Fellow of the Casualty Actuarial Society (FCAS).

The core practice areas of members of the Casualty Actuarial Society--pricing, reserving and capital management--are critical elements of insurer enterprise risk analysis and modeling. This means that the skills developed through the CAS examination process, and recognized through attainment of CAS designations, are directly applicable within an insurer enterprise risk management framework and beyond.

Because actuarial techniques are essential components of enterprise risk management, your readers should be aware of these risk certifications conferred by the Casualty Actuarial Society.

THOMAS G. MYERS, FCAS, ASA, MAAA

President

Casualty Actuarial Society

Red Bank, N.J.