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ASTIN


ASTIN, the section for Actuarial STudies In Non-life insurance, was created in 1957 as the first section of  the International Actuarial Association (IAA).

Its main objective is the promotion of actuarial research, particularly in non-life insurance. ASTIN is continually working to further develop the mathematical foundation of non-life insurance and reinsurance.

Twice a year ASTIN publishes the ASTIN Bulletin - the Journal of the IAA, the internationally renowned refereed scientific journal of the actuarial profession, covering all aspects of actuarial and stochastic modelling practice, not just non-life insurance.

ASTIN also organizes an international colloquium in most years. These colloquia bring together both academics and practitioners, and provide an outstanding forum for the exchange of knowledge among actuaries of different countries and different disciplines in the application of research to practical problems. They also allow participants to keep up to date with the fast changes occurring in the actuarial profession. Meetings usually include invited lectures, contributed papers, and panels discussing current issues. ASTIN Colloquia usually take place in attractive and interesting venues, which add a friendly and collaborative atmosphere to the professional stimulation of working sessions through social and cultural activities.  Many member associations of the IAA credit individual participation at ASTIN colloquia towards their continuing professional development (CPD) requirements.

In addition, ASTIN organizes seminars on non-life topics for people in countries with a developing actuarial profession.  Recently, excellent seminars have been offered in Moscow, St. Petersburg, Kuala Lumpur, Bucharest, Bangkok, and Beijing.  To further the growth of the actuarial profession, ASTIN also offers financial support to young researchers from such countries to attend ASTIN colloquia and the International Congress of Actuaries.

The Casualty Actuarial Society (CAS) established the Charles A. Hachemeister Prize in 1993 in recognition of his efforts to establish a closer relationship between the CAS and ASTIN.  Papers eligible for this annual prize are those appearing in the ASTIN Bulletin or presented at an ASTIN or AFIR/ERM colloquium or an International Congress of Actuaries.  Emphasis in selecting the prize paper will be placed on the paper's impact for North American actuaries and practicality of application.