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.
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 Resources
Comment / Letter
Comments to FIO on Auto Insurance
Auto Insurance Committee comments to the Federal Insurance Office on issues surrounding monitoring the availability and affordability of auto insurance. This includes how to define affordability and…
Topics: Casualty
Comment / Letter
Comments to NAIC on Reinsurance Credit Risk Updated Proposal
P/C Risk-Based Capital Committee comment letter to the National Association of Insurance Commissioners on the Reinsurance Association of America’s updated proposal on credit risk factors.
Comment / Letter
Letter to House on Modifying Biggert-Waters Law
Natural Catastrophe Subcommittee letter to U.S. House members on repealing some premium increases mandated by the Biggert-Waters Flood Insurance Reform Act of 2012.
Topics: Casualty
Comment / Letter
Academy Letter to NAIC on Operational Risk Proposal
Letter from Academy RBC work groups to the NAIC SMI RBC Subgroup regarding the NAIC’s Dec. 9 Operational Risk Proposal.Letter to Senators on Modifying Biggert-Waters Law
Letter to U.S. Senators on modifying the Biggert-Waters Flood Insurance Reform Act of 2012 to delay implementation of some premium increases mandated by the law.
Topics: Casualty
Comment / Letter
Academy Letter to NAIC JQA Subgroup Regarding Uniform Definition Of “Qualified Actuary” Referencing MAAA Credential
. 6 letter to the National Association of Insurance Commissioners’ (NAIC) Joint Qualified Actuary subgroup, American Academy of Actuaries President Tom Terry provides comments on a uniform…
Practice Note
Statements of Actuarial Opinion on P&C Loss Reserves (2013)
ittee on Property and Liability Financial Reporting 2013 practice note on statements of actuarial opinion on P&C loss reserves.
NAIC Report
Presentation on P/C Underwriting Risk Charges at NAIC Meeting
Casualty Practice Council presentation by Academy Vice President Mike Angelina to the NAIC’s P/C Risk-Based Capital Working Group on underwriting risk charges in NAIC P/C risk-based capital.
Comment / Letter
Comments to NAIC on Reinsurance Credit Risk Proposal
P/C Risk-Based Capital Committee comment letter to the National Association of Insurance Commissioners on the Reinsurance Association of America’s discussion draft on reinsurance credit risk.
Comment / Letter
Comments to FIO on Terrorism Risk Insurance
Terrorism Risk Insurance Subcommittee comment letter to the Federal Insurance Office on the long-term availability and affordability of insurance for terrorism risk.
Topics: Casualty