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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

P/C RBCC Response to NAIC Request on RBC Issues

P/C Risk-Based Capital Committee response to the NAIC’s request on risk-based capital issues.
Topics: Casualty NAIC Risk-Based Capital
Date Published: 10/01/2010
Policy & Research
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P/C RBCC Response to NAIC Request on RBC Issues

P/C Risk-Based Capital Committee response to the NAIC’s request on risk-based capital issues.
Topics: Casualty NAIC Risk-Based Capital
Date Published: 10/01/2010
Policy & Research
Download

DTA Bridge Group Report on Risks Associated with Deferred Tax Assets

Deferred Tax Asset DTA Bridge Group request for an interim report to the NAIC Capital Adequacy Task Force showing the appropriate treatment of the Deferred Tax Asset (DTA) in the Risk-Based Capital…
Topics: Casualty Financial Reporting NAIC Risk Management Risk-Based Capital Solvency
Date Published: 09/30/2010
Policy & Research
Download
NAIC Report

DTA Bridge Group Final Report

Deferred Tax Asset Bridge Group final report to the NAIC Capital Adequacy Task Force showing the appropriate treatment of the Deferred Tax Asset (DTA) in the Risk-Based Capital formulas for Life,…
Topics: Casualty NAIC Risk-Based Capital Solvency
Date Published: 09/30/2010
Policy & Research
Download
Comment / Letter

Casualty Practice Council Request for CAS Research Assistance on RBC SMI Project

Casualty Practice Council request for research assistance from the Casualty Actuarial Society in conjunction with its efforts to aid the National Association of Insurance Commissioners with its RBC…
Topics: Casualty NAIC Risk-Based Capital
Date Published: 09/30/2010
Policy & Research
Download

DTA Bridge Group Final Report

Deferred Tax Asset Bridge Group final report to the NAIC Capital Adequacy Task Force showing the appropriate treatment of the Deferred Tax Asset (DTA) in the Risk-Based Capital formulas for Life,…
Topics: Casualty NAIC Risk-Based Capital
Date Published: 09/30/2010
Policy & Research
Download

Report on causes of P/C insurance company insolvencies

The Academy’s Property/Casualty Financial Soundness/Risk Management Committee published a report concerning the effects of loss reserve development in the P/C industry and the role that the…
Topics: Casualty Risk Management Solvency
Date Published: 09/01/2010
Policy & Research
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Comment / Letter

Comments to President’s Working Group on Financial Markets on Terrorism Risk Insurance

Terrorism Risk Insurance Subgroup comments to the President’s Working Group on Financial Markets in response to its Federal Register request for an analysis of terrorism risk insurance.
Topics: Casualty
Date Published: 08/02/2010
Policy & Research
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Comment / Letter

Comments to President’s Working Group on Financial Markets on Terrorism Risk Insurance

Terrorism Risk Insurance Subgroup comments to the President’s Working Group on Financial Markets in response to its Federal Register request for an analysis of terrorism risk insurance.
Topics: Casualty
Date Published: 08/02/2010
Policy & Research
Download
Comment / Letter

Comments to NAIC on Updated Property/Casualty RBC Underwriting Factors

Property and Casualty Risk-Based Capital Committee update to the National Association of Insurance Commissioners (NAIC)’s Property & Casualty Risk-Based Capital Working Group regarding the RBC…
Topics: Casualty NAIC Risk-Based Capital
Date Published: 06/22/2010
Policy & Research
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