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Article

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

Policy Paper

Actuarial Soundness

Actuarial Soundness Task Force special report regarding the terms “actuarial soundness” and “actuarially sound” to assist in providing the profession and the general public with specific…
Topics: Casualty Solvency
Date Published: 05/10/2012
Policy & Research
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Comment / Letter

COPLFR Comments on Proposed NAIC 2012 Actuarial Opinion Instructions

Comments by Committee on Property and Liability Financial (COPLFR) to the NAIC’s Blanks Working Group on its proposed 2012 Actuarial Opinion Instructions.
Topics: Casualty Financial Reporting NAIC
Date Published: 05/01/2012
Policy & Research
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NAIC Report

Bond Factors Presentation

C1 Work Group presentation regarding C1 RBC model construction and the development of basic C1 bond factors to the NAIC C1 Factor Review Subgroup.
Topics: Casualty NAIC
Date Published: 05/01/2012
Policy & Research
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Comment / Letter

Comments on White Paper, ‘The U.S. National State-Based System of Insurance Financial Regulation and the Solvency Modernization Initiative’

Public policy practice groups comments to the NAIC on its draft white paper on the Solvency Modernization Initiative and insurance regulation offering suggestions encompassing RBC, ORSA, and NAIC…
Topics: Casualty Financial Reporting NAIC Public Policy Reinsurance Risk Management Risk-Based Capital Solvency
Date Published: 04/30/2012
Policy & Research
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Comment / Letter

Comments to NCOIL Concerning Natural Catastrophe Insurance Reform Options

Natural Catastrophe Subcommittee of the Extreme Events Committee comments to the National Conference of Insurance Legislators concerning natural catastrophe insurance reform options.
Topics: Casualty
Date Published: 04/13/2012
Policy & Research
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Practice Note

Statements of Actuarial Opinion on P&C Loss Reserves (2011)

ittee on Property and Liability Financial Reporting’s 2011 practice note on Statements of Actuarial Opinion on P&C Loss Reserves.
Topics: Casualty Financial Reporting
Date Published: 12/16/2011
Policy & Research
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Comment / Letter

Comments to NAIC CASTF on Proposed 2012 Actuarial Opinion Instructions

Casualty Practice Council comments to the NAIC’s Casualty Actuarial & Statistical Task Force on its proposed 2012 Actuarial Opinion Instructions.
Topics: Casualty Financial Reporting NAIC
Date Published: 10/10/2011
Policy & Research
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Comment / Letter

Comments to AICPA on Draft Audit & Accounting Guide for Property and Liability Insurance Entities

Committee on Property and Liability Financial Reporting comments to the AICPA regarding its working draft of Audit and Accounting Guide Property and Liability Insurance Entities.
Topics: Casualty Financial Reporting NAIC
Date Published: 08/26/2011
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Comment / Letter

Comments to AICPA on Draft Audit & Accounting Guide for Property and Liability Insurance Entities

ittee on Property and Liability Financial Reporting comments to the AICPA regarding its working draft of Audit and Accounting Guide Property and Liability Insurance Entities.
Topics: Casualty Financial Reporting NAIC
Date Published: 08/26/2011
Policy & Research
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Comment / Letter

P/C RBC Committee Letter on SMI Project

Property/Casualty RBC Committee update in response to the NAIC’s request for assistance with the Solvency Modernization project on the NAIC’s Risk-Based Capital formulas. This update discusses the…
Topics: Casualty NAIC Risk-Based Capital Solvency
Date Published: 07/21/2011
Policy & Research
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