The Casualty Actuarial Society

The Casualty Actuarial Society Steve D’Arcy 史蒂夫·达尔希 Chairman of the Board of the Casualty Actuarial Society 财险精算协会董事会主席 Professor of Finance at the University of Illinois 伊利诺伊大学金融学教授 Presented at Peking University 北京大学 June 26, 2006 1 Overview 提纲 • Introduction to the Casualty Actuarial Society 财险精算协会简介 • What Risks the Casualty Actuarial Society Addresses 财险精算协会关注、考虑的风险 • Membership Statistics 会员统计 • Exams 职业考试 • Structure of the Casualty Actuarial Society 财险精算协会构成 • Casualty Actuarial Society Meetings财险精算协会会议 • Recent Developments 最新进展 • Important Features of the Casualty Actuarial Society for China 财险精算协会在中国的重要特征 2 What is the Casualty Actuarial Society? 什么是财险精算协会 • The CAS is an international organization dedicated to advancing actuarial science for casualty and similar risks CAS是一个国际组织，致力于发展精算科学，研究财产损失及同类型 风险损失的保险 • The CAS has over 4000 members from 27 different countries, including 25 in China CAS包括来自27个国家，超过4000名会员，中国有25名 • Most members currently work in the United States or Canada 大多数成员现在工作在美国和加拿大 3 Membership Growth 会员数量增长 Membership Statistics 5000 4000 Number 3000 2000 1000 0 1975 1985 Year Affiliates ACAS FCAS 1995 2005 4 Membership Employment 会员分布 Type of Employment Insurance Company保险公司 1975 66.4% 1985 60.2% 1995 59.6% 2005 60.2% Organizations Serving Insurance Industry 服务于保险业的组织 6.1% 8.1% 3.7% 1.2% 0.0% 2.8% 11.7% 100.0% 5.2% 17.0% 3.3% 0.9% 0.0% 3.9% 9.5% 100.0% 4.1% 21.9% 2.7% 0.3% 2.2% 2.9% 6.3% 100.0% 3.4% 18.4% 2.1% 0.5% 3.4% 6.0% 5.9% 100.0% 5 Consultants 咨询公司 Government 政府 Academic 学术机构 Brokers and Agents 经纪人 Other 其他 Retired 退休 Total 总计 What Risks Does the Casualty Actuarial Society Address? 财险精算协会关注、考虑的风险 • Major types of insurance 财险主要类型 – – – – Property 财产 Liability 责任 Surety 工程担保 Inland and Ocean Marine 内陆与海洋交通运输保险 • Risk integration 风险综合 • Other terms for casualty insurance 又称 – General insurance 通用保险 – Non-life insurance 非人寿保险 6 Casualty Actuarial Society Exams – 1 财险精算协会职业资格考试-1 There are 9 exams and a course on professionalism are required to become a Fellow of the Casualty Actuarial Society 要取得财险精算协会高级会员资格必须通过全部9门考试以及 参加一门职业课程 Three exams are joint with the Society of Actuaries 其中3门与寿险精算协会试题相同 Exam 1 Probability 概率 Exam 2 Financial Mathematics 金融数学 Exam 4 Advanced Actuarial Models 高级精算模型 7 Casualty Actuarial Society Exams – 2 财险精算协会职业资格考试-2 The Casualty Actuarial Society offers six exams 财险精算协会的6门考试 Exam 3 Statistics and Actuarial Models 统计与精算模型 Exam 5 Ratemaking 保险费率确定 Exam 6 Loss Reserving and Other Topics 损失准备金和其它 Exam 7 Regulation and Taxation – Nation Specific 保险法规和税法-基于国情 Exam 8 Investments and Financial Analysis 投资和金融分析 Exam 9 Advanced Ratemaking 高级保险费率确定 Associates have passed the first 7 exams and taken the professionalism course 一般会员必须通过前7门考试和参加一门职业课程 8 Structure of the Casualty Actuarial Society Volunteers 财险精算协会构成-志愿者 • Board of Directors – Elected by Fellows 董事会由高级会员选举产生 • President – Elected by Fellows 主席由高级会员选举产生 • Vice Presidents – Elected by the Board 副主席由董事会选举产生 • Numerous Committees and Task Forces – Reporting to the Vice Presidents or Board 众多委员会和任务组-向副主席和董事会报告 9 Structure of the Casualty Actuarial Society Professional Staff 财险精算协会构成-职业雇员 • Executive Director (Cynthia Ziegler) 执行主任 • 23 Additional Staff Members 23名雇员 Casualty Actuarial Society 财险精算协会 4350 North Fairfax Drive, Suite 250 Arlington, Virginia 22203 阿灵顿，佛吉尼亚 Telephone: (703) 276-3100 Fax: (703) 276-3108 E-Mail: office@casact.org Website: www.casact.org 10 Casualty Actuarial Society Meetings 财险精算协会会议 • Meetings cover important topics and current events, and give members a chance to meet 会议包括讨论重要课题和前沿动态，以及提供会员交流的机会 • Fall and spring meetings – General topics 秋季和春季会议- 通用课题 • Annual seminars 研讨年会 – – – – Loss reserving 损失准备金 Ratemaking 保险费率 Predictive Modeling 模型预测 Enterprise Risk Management 企业风险管理 11 Casualty Actuarial Society Seminars 财险精算协会研讨会 • Special interest seminars 特殊课题研讨会 – Dynamic Financial Analysis 动态金融分析 – Catastrophe Risk Management 灾难风险管理 – Other topics as interest indicates 其它感兴趣的课题 • Online courses 网上课程 – Financial Risk Management 金融风险管理 – Enterprise Risk Management 企业风险管理 • Webinars (seminars offered over the Web) 网上研讨会 – Under development on a range of topics 正在准备一系列的课题 – Any suggestions for particular topics? 欢迎提出建议 12 Recent Developments 最新进展 • Reduced Exam Fees for many countries including China 包括中国在内的许多国家的考试费用减少 • New Casualty Actuarial Society Journal 新增财险精算协会会刊 13 Revised Fee Structure for Exams 考试费用修改 Policy applies to Casualty Actuarial Society exams, but not joint exams 只适用于财险精算协会考试，不适用共同试题 Any country with per capita income below 50% of Canada and US is eligible 适用于任何人均收入低于美国与加拿大50%的国家 China, including Hong Kong, qualifies for discount 中国，包括香港享用考试费折扣 Discounted Exam Fees 折扣后考试费 40% of standard fee for candidates working in the financial services industry 对工作在金融机构的考生收取40%标准费用 10% of standard fee for other candidates (students) 对其他考生（学生）收取10%标准费用 14 New Journal 新会刊 • The new journal will publish articles on research of interest to casualty actuaries around the world 新会刊将刊登世界范围内财险精算师的学术研究文章 • Theoretical and practical research 理论与实际研究 • Authors do not have to be members of the Casualty Actuarial Society 作者不一定是财险精算协会的会员 15 Important Features of the Casualty Actuarial Society for China - 1 财险精算协会在中国的重要特征 • Vice President – International – Amy Bouska 副主席负责国际事务 • Asia Regional Committee Chair - Bob Conger 亚洲地区委员会主席 16 Important Features of the Casualty Actuarial Society for China – 2 财险精算协会在中国的重要特征 • University Liaisons – members work with 160 universities worldwide 合作大学，成员工作在世界160所大学 – Capital University of Economics and Business - Hong Chen 首都经济贸易大学 – Chinese University of Hong Kong - Wai Yip Chow 香港中文大学 – Hong Kong University - Kai Tse Beda Chan 香港大学 • Academic Correspondent Program 学术交流项目 – For nonmembers involved in teaching actuarial science or related courses 执教精算科学或相关课程的非会员 17 Conclusion 总结 • The Casualty Actuarial Society is interested in working with universities, government agencies and industry worldwide to help develop casualty actuarial science 财险精算协会致力于在世界范围内与大学，政府机构，企业 合作以发展精算科学 • Contact the Casualty Actuarial Society, our Vice President International, our Asia Regional Committee Chair or me with any questions 请联系财险精算协会，负责国际事务的副主席、亚洲地区 委员会主席或本人 18 Contact Information 联系信息 • Steve D’Arcy – s-darcy@uiuc.edu • Amy Bouska, Vice President International – 副主席负责国际事务 amy.bouska@towersperrin.com • Bob Conger, Chair, Asia Regional Committee – 亚洲地区委员会主席 bob.conger@towersperrin.com • CAS Office – office@casact.org CAS办公室 • Cynthia Ziegler, Executive Director – 执行主任 cziegler@casact.org 19