PUBLICATIONS ORDER FORM PUBLICATIONS of the Casact

Instructions and help about PUBLICATIONS ORDER FORM PUBLICATIONS OF THE Casact

casualty Actuarial Society c-a-s-e-r-m the casualty Actuarial Society Cas is an international organization that provides education and credentialing for actuaries the cas developed the caserm framework which is a process for identifying assessing and managing risks the framework is designed to help organizations improve their decision making and protect their assets the caserm framework has four risk types Hazard Financial operational and strategic Hazard risks are events that can cause physical damage or injury such as natural disasters or accidents Financial risks are events that can affect an organization's financial performance such as changes in interest rates or exchange rates operational risks are events that can disrupt an organization's operations such as I.T failures or employee errors strategic risks are events that can affect an organization's long-term strategy such as changes in the competitive landscape or government regulations the cas ERM framework has seven steps one