PROCEEDINGS May 15, 16, 17, 18, 2005 - Casualty Actuarial Society

160 MINUTES OF THE 2005 SPRING MEETINGcipient is selected by the Trustees of the CAS Trust, based on therecommendation of the department chair at the University. Mr. Jinreceived $500 in scholarship funds.Mr. D’Arcy then introduced Robert Anker and Mary D. Miller,who spoke about the work of the Actuarial Foundation and theAmerican Academy of Actuaries’ Casualty Practice Council, respectively.After making a few announcements, Mr. D’Arcy concluded thebusiness session.Following a refreshment break, the first General Session washeld from 10:00 a.m. to 11:30 a.m.Actuarial Accountability—In a Changing WorldModerator/ Mary Frances MillerPanelist: Past President, Casualty Actuarial SocietyPanelists: Lauren BloomGeneral CounselAmerican Academy of ActuariesKaren TerryMemberActuarial Standards BoardFollowing a short break, keynote speaker Ron Pressman addressedthe meeting attendees during a luncheon held from 11:45a.m. to 1:15 p.m. Mr. Pressman is president and CEO of GE Insuranceand chairman, president, and CEO of GE Insurance Solutions,one of the world’s largest reinsurance and insurance organizations.After the luncheon, the afternoon was devoted to presentationsof concurrent sessions. The panel presentations from 1:30 p.m. to3:00 p.m. covered the following topics:1. Actuaries Embrace Operational RiskModerator/ Donald F. MangoPanelist: Director of Research and DevelopmentGE Insurance Solutions