The Caribbean Actuarial Association (CAA) was officially formed in Jamaica in December 1991. Its birth represented the culmination of the efforts of a number of actuaries who worked in the Caribbean region. Their aim was to create an actuarial body that would have issues of concern to the region as its primary focus. The CAA’s Constitution was adopted on December 3, 1993.

The main objective of the CAA is to encourage and support the development of actuarial science in the Caribbean. The Association also strives to maintain the high standards and image of the actuarial profession.