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With its goal as "the advancement of knowledge in actuarial science applied to property, casualty, and similar risk exposures”, The Casualty Actuarial Society (CAS) is a professional society of actuaries which requires all its candidates to qualify through a series of rigorous actuarial exams covering all aspects of actuarial practice in which the first four components, termed as the "Preliminary Exams" consist largely of core mathematics related to actuarial science including probability, statistics, interest theory, life contingencies, and risk models.

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