Casualty
The Academy’s Casualty Practice Council (CPC) offers invaluable technical guidance to policymakers and regulators, ensuring clarity and informed decision-making around property and casualty concerns.
The CPC helps shape the future of public policy and create a safer and more resilient future for all.
Cyber Risk Toolkit
A series of papers addressing issues pertinent to cyber risk insurance and cyber exposure.
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Extreme Events
Floods, earthquakes, other natural catastrophes; terrorist events; and mass torts.
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Financial Reporting and Loss Reserving
Financial reporting and loss reserving issues in property/casualty actuarial practice.
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Risk-Based Capital
Risk-based capital issues in property and casualty actuarial practice, including its treatment by the National Association of Insurance Commissioners.
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Solvency and Soundness
Soundness and solvency issues facing property and casualty insurance companies.
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Workers’ Compensation
Workers’ compensation issues as they relate to property and casualty actuarial practice.
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Casualty News
ERM Committee News
ASB Approves Exposure Draft Of Proposed Capital Adequacy Assessment ASOP
The ASB recently approved an exposure draft of a proposed new ASOP titled Capital Adequacy Assessment for Insurers. The proposed ASOP will apply to actuaries involved in capital adequacy assessment…
Topics: ASB News
Date Published: 09/26/2016
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Casualty Resources
ASOP
Property/Casualty Ratemaking (Second Exposure Draft)
December 2015 TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in Property/Casualty Ratemaking FROM:…
ASOP
Proposed Revision of ASOP No. 30 – Profit Margins and Contingency Provisions in Property/Casualty Risk Transfer and Risk Retention (Exposure Draft)
June 2024 TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in Profit Margins and Contingency Provisions…
ASOP
Proposed Revision of ASOP No. 20 – Analysis of Property/Casualty Cash Flows, Including Discounting
March 2025 TO: Members of Actuarial Organizations Governed by the Standards of the Actuarial Standards Board and Other Persons Interested in Analysis of Property/Casualty Cash Flows, Including…
ASOP
Proposed Revision of ASOP No. 20 – Analysis of Property/Casualty Cash Flows, Including Discounting
March 2025 TO: Members of Actuarial Organizations Governed by the Standards of the Actuarial Standards Board and Other Persons Interested in Analysis of Property/Casualty Cash Flows, Including…
ASOP
Proposed Revision of ASOP No. 39 – Treatment of Catastrophe or Extreme Event Losses in Future Cost Estimates for Property/Casualty Risk Transfer and Risk Retention
December 2024 TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in the Treatment of Catastrophe or Extreme…
ASOP
Proposed Revision of ASOP No. 7 – Analysis of Life, Health, or Property/Casualty Insurance Cash Flow Risk
TO: Members of the Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in the Life, Health, or Property/Casualty Insurance…
ASOP
Proposed Revision of ASOP No. 36 – Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves (Second Exposure Draft)
TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in Statements of Actuarial Opinion Regarding…
ASOP
Proposed Revision of Actuarial Standard of Practice No. 29 – Expense Provisions for Prospective Property/Casualty Risk Transfer and Risk Retention (Second Exposure Draft)
TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in Expense Provisions for Prospective Property/Casualty…
ASOP
Proposed Revision of ASOP No. 36 – Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves (Exposure Draft)
TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in Statements ofActuarial Opinion Regarding…
ASOP