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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

Comments to NAIC on Credit-Based Insurance Scores

Casualty Practice Council comments to testimony provided at an NAIC public hearing on the use of credit-based insurance scores.
Topics: Casualty NAIC
Date Published: 05/15/2009
Policy & Research
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Comment / Letter

Testimony at NAIC Meeting on Credit-Based Insurance Scores

Casualty Practice Council testimony at an NAIC meeting on the use of credit-based insurance scores.
Topics: Casualty NAIC
Date Published: 04/30/2009
Policy & Research
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Practice Note

Statements of Actuarial Opinion on P&C Loss Reserves (2008)

ittee on Property and Liability Financial Reporting’s 2008 practice note on Statements of Actuarial Opinion on P&C Loss Reserves.
Topics: Casualty Financial Reporting
Date Published: 01/23/2009
Policy & Research
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NAIC Report

P/C RBC Committee Update to Underwriting Risk Factors to NAIC Property RBC Working Group

P/C Risk-Based Capital Committee update to its 2007 underwriting risk factor update and related 2008 addendum to the NAIC’s Property RBC Working Group.
Topics: Casualty NAIC Risk-Based Capital
Date Published: 12/09/2008
Policy & Research
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Issue Brief

Current Issues in Insurance Ratemaking for Catastrophic Events

Natural Catastrophe Subcommittee issue brief describing current issues in insurance ratemaking for catastrophic events.
Topics: Casualty
Date Published: 12/01/2008
Policy & Research
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Issue Brief

P/C Actuarial Communication on Reserve Ranges and Variability of Unpaid Claim Estimates

Committee on Property and Liability Financial Reporting issue brief intended to improve actuarial communications of issues surrounding the use of reserve ranges and variability of unpaid claim…
Topics: Casualty Financial Reporting
Date Published: 09/01/2008
Policy & Research
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Comment / Letter

Comments on Proposed NCOIL Resolution on State-Federal System for Catastrophe Funding

Extreme Events Committee’s Natural Catastrophe Subcommittee comments on a proposed NCOIL resolution about a state-federal system for catastrophe funding.
Topics: Casualty
Date Published: 05/01/2008
Policy & Research
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NAIC Report

P/C RBC Committee Addendum on Revised Updated Underwriting Risk Factors to NAIC Property RBC Working Group

P/C Risk-Based Capital Committee addendum to its September 2007 report on the RBC formula’s underwriting risk factors at the request of the NAIC’s Property Risk-Based Capital Working Group.
Topics: Casualty NAIC Risk-Based Capital
Date Published: 03/25/2008
Policy & Research
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Comment / Letter

Fact Sheet on Types of Medical Malpractice Insurance Policies

First in a series of fact sheets produced by the Medical Malpractice Insurance Subcommittee that discusses different types of medical professional liability insurance policies.
Topics: Casualty
Date Published: 03/01/2008
Policy & Research
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Practice Note

Statements of Actuarial Opinion on P&C Loss Reserves (2007)

ittee on Property and Liability Financial Reporting’s 2007 practice note on Statements of Actuarial Opinion on P&C Loss Reserves. PLEASE NOTE: This practice note was superseded by the 2011 practice…
Topics: Casualty Financial Reporting
Date Published: 01/16/2008
Policy & Research
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