Stephen P. D’Arcy, professor of finance at the University of Illinois at Urbana-Champaign has been elected as president of the Casualty Actuarial Society (CAS) at the organization’s annual meeting. He succeeds the previous president, Mary Frances Miller, senior partner and consulting actuary, Select Actuarial Services. Paul Braithwaite, a consulting actuary in New York, was voted president-elect.
D’Arcy has been a Fellow of the CAS since 1975. He joined the faculty at the University of Illinois in 1981. Prior to this position, he was an actuary at CUMIS Insurance Society.
D’Arcy has served on a variety of committees at the CAS, including the Board of Directors. He has served as the chairman of both the Long Range Planning Committee and the Task Force on Education and Testing.
Former president of the American Risk Insurance Association, D’Arcy has written many chapters in books and articles in journals. He earned his B.A. in applied mathematics from Harvard College and his Ph.D. in finance from the University of Illinois.
Braithwaite earned his CAS Fellowship in 1983. Since then, he has sat on the Board of Directors and chaired several committees, including the Audit Committee. He has been published in several CAS journals, and has spoken at a variety of seminars. Braithwaite earned his B.S. at Brown University and an MBA in Finance at the Stern School of Business at New York University.