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Article

Academy Looks Forward to President Biden Addressing Joint Session of Congress on Key Issues Needing Actuarial Expertise

COVID-19 Impacts, Climate Risk, Equity Issues Share Focus with Economic Recovery, Financial and Retirement Security Beyond First 100 Days WASHINGTON—The American Academy of Actuaries provides…
Topics: Casualty Climate Risk Financial Reporting Financial Security Health Equity Life Insurance Long-Term Care Medicare / Medicaid Professionalism Public Policy Retirement Social Security Solvency
Date Published: 04/26/2021
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Article

Actuaries Climate Index Breaks New Ground for Latest Season and Five-Year Average

Summer 2020 data update pushes index’s five-year average to 1.23 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (March 4, 2021)––The five-year moving average of…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 03/04/2021
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Article

Spring 2020 Data Update to the Actuaries Climate Index

As attention to climate issues grows, ACI provides objective data on key climate measurements Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (Dec. 1, 2020)—With climate risk…
Topics: Casualty Climate Risk Financial Security Professional Organization Professionalism Public Policy
Date Published: 12/01/2020
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Academy in the News

People on the move in the P&C insurance industry: November 13, 2020

PropertyCasualty360
Topics: Casualty
Date Published: 11/13/2020
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Article

Academy Officers and Regular Directors Begin Terms

WASHINGTON—The American Academy of Actuaries is pleased to announce five officers and four regular directors serving on its Board of Directors who began their terms today at the close of the…
Topics: Actuarial Standards ASB Casualty Financial Reporting Financial Security Principle-Based Reserving Professionalism Public Policy Risk Management
Date Published: 11/05/2020
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Article

Data Update to the Actuaries Climate Index

Long-term measure of extreme climate conditions reached a new high in winter 2019–20 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (August 26, 2020) –– A…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 08/26/2020
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Article

Whether to Amend and Extend: National Flood Insurance Program Reauthorization as an Opportunity for Reform

WASHINGTON—August typically marks not only the start of the peak of hurricane season but is also the time during which Congress recesses for its monthlong district/state work period. When…
Topics: Casualty Climate Risk Financial Security Professionalism Public Policy
Date Published: 08/04/2020
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Article

Data Update to the Actuaries Climate Index

Index’s data updated through fall 2019 including 2019 drought and sea level values Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (May 27, 2020)—The Actuaries Climate…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 05/27/2020
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Article

Actuaries: Coverage of Pandemic Risk Through Property/Casualty Insurance Could Be Designed Like Existing Federal Programs

WASHINGTON—Existing federal insurance programs for costly, hard-to-estimate property/casualty risks are more appropriate models for a federal insurance program to facilitate coverage of…
Topics: Casualty Financial Security Professionalism Public Policy Reinsurance
Date Published: 05/12/2020
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Article

Actuaries Climate Index Reaches New High for Sixth Consecutive Quarter

Index’s five-year average continues an upward trend Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (February 27, 2020)—The five-year moving average of the Actuaries…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 02/27/2020
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Related Resources

Comment / Letter

Comment Letter on Proposed ASOP on Future Costs for P/C Risk Transfer and Funding

Casualty Practice Council comments on the ASB’s third exposure of the proposed Actuarial Standards of Practice (ASOP), Estimating Future Costs for Prospective Property/Casualty Risk Transfer and Risk…
Topics: Actuarial Standards ASB Casualty
Date Published: 04/27/2017
Policy & Research
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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
Policy & Research
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Comment / Letter

Comments on California Guidance for Workers’ Comp Self-Insureds

Workers’ Compensation Committee comment letter to California’s Offfice of Self-Insured Plans regarding guidance on actuarial reports on self-insured workers’ compensation plans.
Topics: Casualty Workers’ Compensation
Date Published: 03/30/2017
Policy & Research
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Presentation

Presentation on Actuaries Climate Index to Federal Officials

Academy Senior Casualty Fellow Jim MacGinnitie presented the Actuaries Climate Index and Actuaries Climate Risk Index to the Inter-Agency Forum on Climate Change Impacts and Adaptations meeting at…
Topics: Casualty Climate Risk
Date Published: 03/16/2017
Policy & Research
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Comment / Letter

Comments on Association Health Plans in U.S. House Bill

Individual and Small Group Markets Committee comments to the U.S. House Committee on Education and the Workforce on  H.R. 1101, the Small Business Health Fairness Act, related to association health…
Topics: Casualty Workers’ Compensation
Date Published: 03/08/2017
Policy & Research
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Practice Note

Statements of Actuarial Opinion on P/C Loss Reserves (2016)

Committee on Property and Liability Financial Reporting Statements of Actuarial Opinion on P/C Loss Reserves practice note.
Topics: Casualty Financial Reporting
Date Published: 12/27/2016
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Comment / Letter

P/C and Health Group Comments on Operational Risk Factor

Joint Property and Casualty Risk-Based Capital Committee and Health Solvency Subcommittee letter to the NAIC’s Operational Risk Subgroup on proposed changes to the operational risk factor in…
Topics: Casualty Financial Reporting NAIC Risk Management Risk-Based Capital Solvency
Date Published: 12/19/2016
Policy & Research
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NAIC Report

Report to NAIC on P/C RBC Underwriting Factors

Property and Casualty Risk-Based Capital Committee report to the NAIC’s Property/Casualty Risk-Based Capital (E) Working Group providing a detailed update of property and casualty risk-based capital…
Topics: Casualty NAIC Risk-Based Capital
Date Published: 10/28/2016
Policy & Research
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Comment / Letter

CPC, COPLFR Comment Letter to ASB on Modeling ASOP

Casualty Practice Council (CPC)  and Committee on Property and Liability Financial Reporting (COPFLR) letter to the Actuarial Standards Board commenting on the third exposure draft for the proposed…
Topics: Actuarial Standards ASB Casualty Financial Reporting
Date Published: 10/14/2016
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Comment / Letter

Joint FRC/COPLFR Letter on SEC S-K Disclosure Requirement

Financial Reporting Committee (FRC) and Committee on Property and Liability Financial Reporting (COPLFR) comments to the SEC on its concept release on the modernization of certain disclosure…
Topics: Casualty Financial Reporting Risk Management
Date Published: 07/21/2016
Policy & Research
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