Extreme Events

Floods, earthquakes, other natural catastrophes; terrorist events; and mass torts.

Extreme Events

Extreme Events Resources

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
Date Published: 06/21/2019
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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
Date Published: 07/24/2018
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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
Date Published: 04/19/2017
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Policy Paper

Determining the Impact of Climate Change on Insurance Risk and the Global Community

This report is the product of Phase I of a multi-phase project commissioned by the Casualty Actuarial Society (CAS), Canadian Institute of Actuaries, Society of Actuaries, and the American Academy of…
Date Published: 10/31/2012
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Policy Paper

The National Flood Insurance Program: Past, Present…and Future

?Flood Insurance Subcommittee’s monograph on the actuarial issues surrounding the history and future of the National Flood Insurance Program.
Topics: Casualty
Date Published: 07/12/2011
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Policy Paper

Overview of Asbestos Claims Issues and Trends

Mass Torts Subcommittee monograph providing an overview of asbestos claim issues and trends.
Topics: ASB Casualty
Date Published: 08/01/2007
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Policy Paper

Terrorism Insurance Coverage in the Aftermath of September 11th

Extreme Events Committee monograph addressing terrorism-risk insurance coverage in the aftermath of September 11th.
Topics: Casualty
Date Published: 05/01/2002
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Comment / Letter

MTWG Overview of Asbestos Issues and Trends

Mass Tort Work Group overview of asbestos issues and trends.
Topics: ASB Casualty
Date Published: 12/01/2001
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Policy Paper

Insurance Industry Catastrophe Management Practices

Catastrophe Management Work Group monograph on insurance industry catastrophe management practices.
Topics: Casualty
Date Published: 06/01/2001
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Policy Paper

Reserving for Asbestos, Pollution, and Other Mass-Tort Liabilities

Environmental Liabilities Work Group monograph on reserving for asbestos, pollution, and other mass-tort liabilities.
Topics: ASB Casualty
Date Published: 03/01/1997
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