Casualty Actuarial Society (cas)
Definition of "Casualty actuarial society (cas)"
Accrediting body for the ACAS (Associate of the Casualty Actuarial Society) designation and the FCAS (Fellow of the Casualty Actuarial Society) designation. To earn these designations, members take a series of examinations on actuarial mathematics and related topics as they apply to the property and casualty insurance field. Passing the examinations denotes a sound background in mathematics as well as knowledge of business such as finance and economics. Located in New York City.
Popular Insurance Terms
Arrangement between the buyer and the seller in which there is a mutual agreement to buy or sell a security at a given price at a stipulated future date. These contracts are effected on a ...
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Legislation establishing the minimum education and experience level required by the state as a prerequisite for a person to become a licensed agent. ...
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Life insurance policy under which there is rapid buildup of cash values due to high initial premiums such that after a given point in time no further premium payments are required (future ...
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