PEAK RE SPONSORED ARECA CASE COMPETITION
The Peak Re Sponsored ARECA Case Competition is set to support and encourage university students in Asia who are interested in the general insurance actuarial field.
About ARECA
AREACA, or Asia Region Casualty Actuaries, was formed in 2015 as a regional affiliate of the CAS. It is run by CAS member volunteers in the Asia Pacific region to provide continuing education events, outreach to universities, and networking among its members in the greater Asia region.
About Peak Re
Peak Re is a Hong Kong-based reinsurance specialist with a global portfolio and a unique approach that reflects its founding purpose of contributing to the sustainable development of the (re)insurance industry and helping society to prosper by providing protection to more people under the umbrella of (re)insurance.
About CAS
The Casualty Actuarial Society (CAS) is a leading international organization for credentialing and professional education. Founded in 1914, the CAS is the world’s only actuarial organization focused exclusively on property and casualty risks and serves over 10,000 members worldwide. CAS members are experts in property and casualty insurance, reinsurance, finance, risk management, and enterprise risk management. Professionals educated by the CAS empower business and government to make well-informed strategic, financial, and operational decisions.
Awards
First Prize for one team: USD 1,800
Second Prize for one team: USD 1,200
Third Prize for one team: USD 600
+
One FREE CAS Exam registration for each individual of the three winning teams (Exam 5 and
above, excluding DISCs).
+
Opportunity to present your work to the Founder and C-suite leaders of PeakRe and ARECA
Committee
Participant Requirements
Application Deadline
November 30, 2024
Question
You’re working for a consulting firm and has been approached by Insurance Regulator to put together
a research on the impact of electric vehicle (EV) in the motor industry.
Research should include (but not limited to):
▪ How is the EV different from Internal Combustion Engine (frequency and severity expectation)
▪ Difference in reinsurance considerations
▪ Any other considerations (such as Moral Hazard)
▪ Assuming you’re working on research for the country you’re domicile in
▪ Any actuarial principles and considerations
General Guidelines
▪ You may work on this response individually or in groups up to 3.
▪ Presentations may be written (Word document) or oral (recorded together with PowerPoint or
any other presentation format).
▪ This competition will have two rounds. First round submissions may be in any language. For
submissions invited to the second round, presentations must be in English.
Advice in preparing your submission
▪We are looking for responses that are able to best conceptually examine the impact of the actions
on the company's operations. You may use calculations to justify and support your recommended
actions.
▪ There are many solutions available. Entries will be assessed on the basis of originality of ideas,
logical flow between explaining the various concepts and communication skills.
Enquiry
International@casact.org