Summary |
The new edition of Foundations of Casualty Actuarial Science marks another milestone for the CAS, one of the most remarkable professional societies of our time. Born in 1914 as a small group of statisticians setting premium rates for workers compensation, the CAS has emerged as a leading purveyor of actuarial innovation, with rigorous examinations, journals, and seminars and with expanding employment vistas for its members.
The CAS has matured, and with maturity come new challenges. Actuarial literature has flourished; few actuaries can easily master the entire corpus. The new edition of Foundations of Casualty Actuarial Science provides accessible and up-to-date surveys of casualty actuarial science, geared to the new student seeking to join the profession.
The chapters of this textbook, written by some of the leading actuaries of our generation, bring the reader directly into the halls of actuarial science. This introduction provides an overview of this science, along with an understanding of the emerging actuarial trends of our day.
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