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.

Casualty
Cyber Risk Toolkit

Cyber Risk Toolkit

A series of papers addressing issues pertinent to cyber risk insurance and cyber exposure.
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Extreme Events

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

Financial reporting and loss reserving issues in property/casualty actuarial practice.
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Medical Professional Liability

Medical Professional Liability

Medical professional liability insurance issues.
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Risk Classification

Risk Classification

Use of risk-based insurance scoring in auto and other insurance lines.
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Risk-Based Capital

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

Solvency and Soundness

Soundness and solvency issues facing property and casualty insurance companies.
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Workers' Compensation

Workers’ Compensation

Workers’ compensation issues as they relate to property and casualty actuarial practice.
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More Casualty

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

Proposed Revision of ASOP No. 20 – Analysis of Property/Casualty Cash Flows, Including Discounting

[glossary_exclude] TRANSMITTAL MEMORANDUM March 2025 TO: Members of Actuarial Organizations Governed by the Standards of the Actuarial Standards Board and Other Persons Interested in Analysis of…
Date Published: 04/28/2025
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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

[glossary_exclude] TRANSMITTAL MEMORANDUM December 2024 TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in…
Date Published: 01/30/2025
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ASOP

Proposed Revision of ASOP No. 7 – Analysis of Life, Health, or Property/Casualty Insurance Cash Flow Risk

[glossary_exclude] TRANSMITTAL MEMORANDUM TO: Members of the Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in the Life,…
Date Published: 12/11/2023
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ASOP

Proposed Revision of ASOP No. 36 – Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves (Second Exposure Draft)

[glossary_exclude] 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…
Date Published: 07/24/2023
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ASOP

Proposed Revision of Actuarial Standard of Practice No. 29 – Expense Provisions for Prospective Property/Casualty Risk Transfer and Risk Retention (Second Exposure Draft)

[glossary_exclude] TRANSMITTAL MEMORANDUM TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in Expense…
Date Published: 01/20/2023
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ASOP

Proposed Revision of ASOP No. 36 – Statements of Actuarial Opinion Regarding Property/Casualty Loss, Loss Adjustment Expense, or Other Reserves (Exposure Draft)

[glossary_exclude] 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…
Date Published: 06/22/2022
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ASOP

Proposed Revision of ASOP No. 20 – Discounting of Property/Casualty Claim Estimates (Exposure Draft)

[glossary_exclude] FROM: Actuarial Standards Board (ASB) SUBJ: Proposed revision of Actuarial Standard of Practice (ASOP) No. 20 This document contains the exposure draft a proposed revision of…
Date Published: 05/20/2022
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ASOP

Proposed Revision of ASOP No. 29 – Expense Provisions for Future Cost Estimates for Prospective Property/Casualty Risk Transfer and Risk Retention (Exposure Draft)

[glossary_exclude] TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in Expense Provisions for Future Cost…
Date Published: 02/10/2022
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ASOP

Request for Input–Property/Casualty Rate Filing ASOP

[glossary_exclude] October 2019 TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in the Application of the…
Date Published: 10/24/2019
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ASOP

Estimating Future Costs for Prospective Property/Casualty Risk Transfer and Risk Funding (Third Exposure Draft)

[glossary_exclude] TRANSMITTAL MEMORANDUM December 2016 TO: Members of Actuarial Organizations Governed by the Standards of Practice of the Actuarial Standards Board and Other Persons Interested in…
Date Published: 02/02/2017
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