History

Four actuarial pioneers, Dr. Emeterio Roa, Dr. Luis Salvosa, Mr. Exequiel Sevilla and Dr. Manuel Hizon, founded the Philippine Actuarial Society on March 12, 1953. The Society’s mission was to advance actuarial science in the Philippines.

In 1969, in lieu of the original society, the Actuarial Society of the Philippines, Inc. was organized and registered with the Securities and Exchange Commission. Three categories of membership were defined: Fellow, Associate and Affiliate. As of November 2021, we have 402 members with 85 Fellows, 141 Associates and 176 Affiliates.

The Society became a member of the International Actuarial Association in 1998, proof that the ASP’s education and qualification program meets international standards.

Watch the video below to learn more about the history of the ASP.