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
Report
Committee Report to the NAIC on Update to Property and Casualty Risk-Based Capital Underwriting Factors Experience Through December 31, 2017
The Academy’s Property and Casualty Risk-Based Capital Committee issued a report to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Risk-Based Capital (E)…
Presentation
Gibson Presents at Midwest Actuarial Forum
Senior Casualty Fellow Rich Gibson presented at the Midwest Actuarial Forum’s Virtual Spring Meeting Webinar, giving an overview of recent property/casualty public policy developments.P/C RBC Committee Submits Major Underwriting Risk Factors Report to NAIC
The Academy’s Property and Casualty Risk-Based Capital Committee issued a report to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Risk-Based Capital (E)…
Presentation
NAIC Book Club Presentation
Presentation made to the National Association of Insurance Commissioners Casualty Actuarial and Statistical (C) Task Force at a webinar as part of its “Book Club” series to facilitate regulator…Academy Presents at CASTF &
Academy Presents at CASTF ‘Book Club’ The Academy made three presentations to the NAIC’s Casualty Actuarial and Statistical (C) Task Force (CASTF) webinar as part of CASTF’s “Book Club”…
Comment / Letter
American Academy of Actuaries Report on Cyber Breach Reporting Requirements
The Academy’s Cyber Risk Task Force sent a letter offering its assistance in relation to the challenges and opportunities present in the current system of regulating and overseeing responses to…
Presentation
Academy Presents at NCSL on Business Interruption Insurance
Senior Casualty Fellow Rich Gibson participated in a virtual panel discussion Monday at the National Conference of State Legislatures’ Executive Committee Task Force on insurance regarding business…
Topics: Casualty
NAIC Report
COPLFR Releases Practice Note on Statements of Actuarial Opinion on P/C Loss Reserves
The Committee on Property and Liability Financial Reporting (COPLFR) released the practice note, Statements of Actuarial Opinion on P/C Loss Reserves (2020), which includes discussion regarding…
Comment / Letter