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Travelers, Insurance Professionals, Regulators Will Find New Academy Monograph a Useful Explainer on Travel Insurance

WASHINGTON—New analysis from the American Academy of Actuaries, “Travel Insurance: An Actuarial Perspective,” draws on actuarial expertise to provide a clear explanation of what…
Topics: Benefits Casualty Financial Reporting Public Policy
Date Published: 09/05/2018
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Article

Actuaries’ Use of Big Data Grows With New Applications to Insurance and Pension Risks

WASHINGTON—Big Data techniques and methods are increasingly being used to more effectively assess risks within insurance and pension and retirement systems, providing actuaries with powerful…
Topics: Benefits Casualty Data Science / Big Data Professionalism Retirement
Date Published: 06/05/2018
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Academy in the News

American Academy of Actuaries names new president

Property Casualty 360
Topics: Casualty
Date Published: 11/16/2017
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Article

Academy Announces Officers and Regular Directors Begin Terms

WASHINGTON—The American Academy of Actuaries is pleased to announce the start of the terms of five officers and four regular directors serving on its Board of Directors. Their terms began at…
Topics: Actuarial Standards Casualty Financial Reporting Risk Management Risk-Based Capital
Date Published: 11/14/2017
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Article

Academy Outlines Flood Insurance Reform Options for NFIP Reauthorization as Possible Vote on House Bill Approaches

WASHINGTON—As the U.S. House of Representatives prepares to consider the 21st Century Flood Reform Act (H.R. 2874), the American Academy of Actuaries’ Casualty Practice Council…
Topics: Casualty Public Policy
Date Published: 11/10/2017
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Article

American Academy of Actuaries Names Kevin Ryan Senior Property and Casualty Fellow

WASHINGTON—The American Academy of Actuaries is delighted to announce that Kevin M. Ryan, an actuary with more than 50 years of regulatory, executive, and consulting experience, was named as…
Topics: Casualty Public Policy Reinsurance Risk-Based Capital Solvency
Date Published: 09/05/2017
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Article

Risk Professionals Urge Congress to Renew and Improve Nation’s Flood Insurance Framework

WASHINGTON—Flood risk is a reality for millions of Americans, but without congressional action by Sept. 30, the National Flood Insurance Program (NFIP) will expire. With time for…
Topics: Casualty Public Policy
Date Published: 08/23/2017
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Academy in the News

NFIP challenges & reform options from the American Academy of Actuaries

Property Casualty 360
Topics: Casualty
Date Published: 04/20/2017
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Article

New Report from Risk Experts Highlights Challenges and Reform Options for National Flood Insurance Program

WASHINGTON—As Congress weighs reauthorization of the National Flood Insurance Program (NFIP), it has multiple options for addressing the program’s challenges and should take into…
Topics: Benefits Casualty Public Policy
Date Published: 04/19/2017
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Academy in the News

New tool evaluates climate risk for insurers

Property Casualty 360
Topics: Casualty Climate Risk
Date Published: 04/17/2017
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Related Resources

Comment / Letter

Academy Comments to NAIC on 3-Year Experience Proposal Draft

Letter from Academy Past President Mary D. Miller to NAIC with comments on CASTF’s draft 3-year experience proposal.
Topics: Casualty NAIC
Date Published: 11/07/2018
Policy & Research
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Comment / Letter

Comments on Proposed California Workers’ Compensation Regulation

Committee on Property and Liability Financial Reporting letter offering comments on the California Department of Insurance’s proposed changes to reporting requirements for large deductibles in…
Topics: Casualty Financial Reporting Workers’ Compensation
Date Published: 08/09/2018
Policy & Research
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Comment / Letter

Academy Raises Concerns With NAIC Experience Period Proposal

Academy Past President Mary D. Miller on Friday submitted a comment letter from the Academy to the NAIC regarding the Casualty Actuarial and Statistical Task Force’s exposure draft related to the…
Topics: Casualty NAIC
Date Published: 08/09/2018
Policy & Research
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Report

An Update to the Property & Casualty and Health Risk-Based Capital Bond Factors

Report to the NAIC Investment Risk-Based Capital (E) Working Group, Health Risk-Based Capital (E) Working Group, and Property and Casualty Risk- Based Capital (E) Working Group on indicated bond…
Topics: Casualty Financial Reporting NAIC Risk Management Risk-Based Capital Solvency
Date Published: 07/29/2018
Policy & Research
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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
Policy & Research
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Comment / Letter

Academy Letter to NAIC’s CASTF on Attestation Proposal Exposure Draft

er from Past Academy President Mary D. Miller with comments from the Academy to the National Association of Insurance Commissioners raising several concerns over a revised attestation proposal…
Topics: Casualty NAIC
Date Published: 07/24/2018
Policy & Research
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Comment / Letter

Questions for Regulators as Private-Sector Flood Insurance Grows

Extreme Events & Property Lines Committee questions for regulators on private flood insurance, focusing on regulatory issues for consideration as flood insurance coverage moves from a federal program…
Topics: Casualty NAIC
Date Published: 07/19/2018
Policy & Research
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Comment / Letter

Comments to NAIC on Continued Competence Exposure Draft

Letter from Past Academy President Mary D. Miller with extensive comments from the Academy to the NAIC responding to an exposure draft that the Casualty Actuarial and Statistical Task Force (CASTF)…
Topics: Casualty NAIC
Date Published: 07/19/2018
Policy & Research
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Academy Provides Comments to NAIC’s CASTF on Continued Competence Exposure Draft

Academy Provides Comments to NAIC’s CASTF on Continued Competence Exposure Draft Past Academy President Mary D. Miller submitted a letter with extensive comments from the Academy to the NAIC…
Topics: Casualty NAIC
Date Published: 07/19/2018
Policy & Research
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Presentation

Presentation to NAIC on Big Data Monograph

Presentation to the NAIC Casualty Actuarial and Statistical Task Force (CASTF) Predictive Analytics Book Club on the Big Data and the Role of the Actuary monograph.  
Topics: Casualty Data Science / Big Data Financial Reporting NAIC Risk Management
Date Published: 06/25/2018
Policy & Research
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