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
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 Resources

Comment / Letter

Academy Comments to NAIC on SOA General Insurance Track Request

Academy comments to NAIC’s Casualty Actuarial and Statistical Task Force on its review of the Society of Actuaries’ (SOA) general insurance track request.
Date Published: 06/29/2015
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Comment / Letter

Comments to NAIC on Calculating R6, R7 Catastrophe Risks

Catastrophe Risk Subcommittee of the P/C Risk-Based Capital (RBC) Committee comments to the NAIC’s Catastrophe Risk Subgroup on the proposal to revise the calculation of catastrophe risks R6 and R7…
Date Published: 06/12/2015
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Comment / Letter

Comments to NAIC on Revised Form PR026

RBC Catastrophe Risk Subcommittee comments to NAIC’s Catastrophe Risk (E) Subgroup on revised Form PR026 for the 2015 reporting year.
Date Published: 05/22/2015
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Comment / Letter

Comments to NAIC on CASTF Price Optimization White Paper

Price Optimization Task Force comments to NAIC’s Casualty Actuarial and Statistical Task Force (CASTF) on its Price Optimization White Paper.
Topics: Casualty NAIC
Date Published: 04/15/2015
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Comment / Letter

CPC Comments to NAIC on Process for Approving Academy Members to Sign P/C NAIC Opinions

Casualty Practice Council comments to NAIC’s Casualty Actuarial and Statistical Task Force on the CPC’s process for approving member actuaries to sign P/C NAIC opinions.
Topics: Casualty NAIC
Date Published: 04/09/2015
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Comment / Letter

Comments to NAIC on P/C Premium and Reserve Underwriting Risk Factors

P/C Risk-Based Capital (RBC) Committee comment letter to the National Association of Insurance Commissioners’ Property/Casualty Risk-Based Capital Working Group on methods of properly quantifying…
Date Published: 03/13/2015
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NAIC Report

Presentation to CIPR on Actuaries Climate Index

Presentation at NAIC’s Center for Insurance Policy and Research (CIPR) Symposium on “Implications for Increasing Catastrophe Volatility on Insurers and Consumers” that updates progress on the…
Date Published: 10/07/2014
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Comment / Letter

Comments to NAIC on RAA’s Updated Proposal on Reinsurance Credit Risk

Risk-Based Capital Committee comment letter to the National Association of Insurance Commissioners on the Reinsurance Association of America’s (RAA) updated proposal on reinsurance credit risk…
Date Published: 10/01/2014
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NAIC Report

Presentation to NAIC on Actuaries Climate Index

Presentation to the NAIC’s Climate Change and Global Warming Working Group on the development of an Actuaries Climate Index and Actuaries Climate Risk Index.
Date Published: 08/17/2014
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Comment / Letter

COPLFR Comment Letter on Proposed Changes to IRIS Ratios

Committee on Property and Liability Financial Reporting comment letter to the NAIC’s Casualty Actuarial and Statistical Task Force on proposed changes to IRIS ratios 11, 12, and 13, which would add…
Date Published: 07/10/2014
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