The Casualty Actuarial Society (CAS) is an international credentialing and professional education entity. The organization focuses exclusively on property and casualty risks in insurance, reinsurance, finance, and enterprise risk management.

Background on the CAS ERM Framework

In 2003, the Casualty Actuarial Society (CAS) defined ERM as the discipline by which an organization in any industry assesses, controls, exploits, finances, and monitors risks from all sources for the purpose of increasing the organization’s short- and long-term value to its stakeholders.

The CAS, Society of Actuaries (SOA), and Canadian Institute of Actuaries (CIA) sponsor a risk management website with ERM education resources. The committee organizes the ERM framework by risk type and risk management process. Read more: [ Ссылка ]

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