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
Toolkit
Cyber Risk Toolkit: An Overview of the Global Cyber (Re)Insurance Market
The global cyber insurance market is rapidly evolving and varies by geography. A new paper, “An Overview of the Global Cyber (Re)Insurance Market,” added to the Cyber Risk Toolkit provides a…
Topics: Cyber Risk
Comment / Letter
CPC Comments on ASOP No. 20
The Casualty Practice Council (CPC) submitted comments on the exposure draft of Actuarial Standard of Practice (ASOP) No. 20, Analysis of Property/Casualty Cash Flows, Including Discounting.
Topics: Casualty
Comment / Letter
Practice Councils Comment to NAIC on RBC Principles
The Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Practice Council submitted a joint comment letter to NAIC’s Risk-Based…
Topics: Risk-Based Capital
Comment / Letter
Academy Comments to NAIC on Proposed AI in Insurance Model Law
Academy casualty, health, life, and risk management and financial reporting vice presidents sent a comment letter to the NAIC in response a request for information by NAIC’s Big Data and…
Comment / Letter
Councils Comment to NOAA on Climate Database
The Casualty Practice Council, Risk Management and Financial Reporting Council, and Research Committee sent a comment letter to the National Oceanic and Atmospheric Administration (NOAA), strongly…
Comment / Letter
CPC Comments on ASOP No. 39
The Casualty Practice Council (CPC) submitted comments on the exposure draft of Actuarial Standard of Practice (ASOP) No. 39, Treatment of Catastrophe or Extreme Event Losses in Future Cost…
Topics: Casualty
Presentation
Academy Presents on Climate at IAA Brazil Colloquium
Director of Research (Public Policy) Steve Jackson presented at JoCo 2025, the International Actuarial Association’s (IAA) Joint Colloquium in São Paulo, Brazil. Jackson presented “Are They…
Topics: Climate Risk
Date Published: 05/21/2025
Toolkit
Cyber Risk Toolkit: SEC Cybersecurity Disclosure Requirements and Related Directors & Officers Liability Risks
“SEC Cybersecurity Disclosure Requirements and Related Directors & Officers Liability Risks,” the latest release in the Cyber Risk Toolkit, details how the United States Securities and…
Presentation
Academy Presents on Cyber Risk at CAS Spring Meeting
Committee on Cyber Risk members presented at the Casualty Actuarial Society (CAS) Spring Meeting in Toronto on “Cyber: Global Market Update and D&O Risk.”
Topics: Casualty
ASOP