Riyadh: The Bachelor of Science in Mathematical Actuarial and Financial program at the College of Science at Princess Nourah bint Abdulrahman University has received Silver Level Recognition under the Casualty Actuarial Society (CAS) University Recognition Program.

According to Saudi Press Agency, Princess Nourah bint Abdulrahman University is the first Saudi university to receive this international recognition. The university met the society's criteria, which include aligning the curriculum with international professional standards and covering the essential knowledge and skills required in actuarial science. The criteria also include preparing and qualifying students for professional careers and maintaining a commitment to the program's continuous development.

Founded in 1914, CAS is one of the world's oldest professional societies specializing in actuarial science. Its membership includes thousands of actuaries and other professionals working in insurance and reinsurance companies, financial and consulting institutions, regulatory bodies, and academia worldwide.