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
Policy Paper
Climate Data: Actuarial Perspectives on Quality, Challenges, and Effective Risk Quantification
The Climate Change Joint Committee released a policy paper examining the wide variety of actuarial data challenges in climate-related risk quantification. While reflecting the current emphasis on…
Policy Paper
ILS Issue Paper Released
The Academy’s Extreme Events and Property Lines Committee published a paper, Insurance Linked Securities and Catastrophe Bonds, a public policy issue paper.
Policy Paper
Cyber Risk Task Force Publishes Cyber Risk Toolkit
The Cyber Risk Task Force released a collection of publications combined together in the Cyber Risk Toolkit. The toolkit is intended to be a resource for interested readers of the general public,…
Policy Paper
Committee Issues FAQ on Covid-19 and PC Financial Reporting
The Committee on Property and Liability Financial Reporting has issued a set of questions and answers about the impact of the coronavirus pandemic on P/C financial reporting.
Policy Paper
Academy Releases First Model and Results of Actuaries Climate Risk Index
As part of its continuing public policy research program providing objective and independent information based on actuarial analysis, the American Academy of Actuaries today introduced the first…
Policy Paper
Updated Flood Insurance Monograph
Updated monograph on the National Flood Insurance Program and related issues, with new data from 2017 and 2018 hurricane seasons.
Topics: Casualty
Policy Paper
Committee Issues Paper on Wildfire Lessons Learned
The Academy’s Extreme Events and Property Lines Committee has published a new document, Wildfire: An Issue Paper — Lessons Learned from the 2017-2018 California Events. Read the news release.
Topics: Casualty
Policy Paper
Task Force Issues Monograph on Travel Insurance
The Casualty Practice Council’s Travel Insurance Task Force published a monograph, Travel Insurance: An Actuarial Perspective, which provides information on the manner in which travel insurance is…
Topics: Casualty
Policy Paper
Monograph on Catastrophe Modeling
Extreme Events and Property Lines Committee monograph on the development of catastrophe models and the uses of catastrophe model output in actuarial tasks.
Topics: Casualty
Policy Paper
Monograph on Issues Surrounding National Flood Insurance Program
Flood Insurance Work Group monograph on the National Flood Insurance Program (NFIP) that examines key issues surrounding the NFIP, including rising sea levels, the differences between the NFIP and…
Topics: Casualty