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The Academy

Academy Officers and Directors Begin Terms in Office  

WASHINGTON—The American Academy of Actuaries is pleased to announce that, in addition to Darrell Knapp, MAAA, FSA, of New Smyrna Beach, Fla., taking office as 2024-25 Academy president, five other…
Topics: Actuarial Standards ASB Casualty Diversity, Equity, and Inclusion Financial Reporting Health Equity Professionalism Reinsurance Retirement
Date Published: 11/13/2024
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Academy in the News

Around the P&C insurance industry: August 9, 2023

PropertyCasualty360
Topics: Casualty
Date Published: 08/09/2023
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Academy in the News

States that require payment, reimbursement for medical marijuana

Property Casualty 360
Topics: Casualty
Date Published: 05/15/2023
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Article

New Academy Officers and Member-Selected Directors Began Terms at This Week’s Academy Annual Meeting

WASHINGTON—The American Academy of Actuaries is pleased to announce that, in addition to Ken Kent of McLean, Va., taking office as 2022–23 Academy president, five officers and three…
Topics: Actuarial Standards ASB Benefits Casualty Financial Reporting Financial Security Health Equity Medicare / Medicaid Professionalism Public Policy
Date Published: 11/04/2022
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Article

New Academy Issue Brief Provides Actuarial and Regulatory Considerations on Use of Data, Predictive Modeling, and Risk Classification in Insurance Practices

WASHINGTON—A new issue brief from the American Academy of Actuaries Data Science and Analytics Committee (DSAC) and Property/Casualty Racial Equity Task Force provides a clear and thorough…
Topics: Casualty Data Science / Big Data Financial Security Professionalism Public Policy
Date Published: 07/06/2022
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Academy in the News

Rethinking how we look at wildfire risk

Property Casualty 360
Topics: Casualty
Date Published: 02/15/2022
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Article

Revised Qualification Standards to Take Effect Jan. 1 for Actuaries Issuing U.S. Statements of Actuarial Opinion

WASHINGTON—The American Academy of Actuaries, which sets standards for qualification, practice, and conduct for actuaries practicing in the United States, has revised the standards defining…
Topics: Casualty Continuing Education Financial Security NAIC Professionalism Public Policy
Date Published: 11/30/2021
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Academy in the News

People on the move in the P&C insurance industry: October 1, 2021

PropertyCasualty360
Topics: Casualty
Date Published: 10/01/2021
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Article

Actuaries Climate Index down again in latest five-year average

Winter 2020-21 data update lowers index benchmark for the second consecutive quarter Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (Sept. 14, 2021)––The winter…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 09/14/2021
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Article

Actuaries Climate Index Down Slightly in Latest Five-Year Average

Fall 2020 data update lowers index benchmark for the first time since 2017 Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (June 8, 2021) –– The five-year moving…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 06/08/2021
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Related Resources

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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Report

Updated Discussion Draft of Joint P/C Health Report on Bond Factors

Joint P&C/Health Bond Factors Analysis Work Group discussion draft of a report to the NAIC’s Joint Health RBC and P/C RBC Drafting Group on bond factors on risk charges for speculative grade…
Topics: Casualty NAIC Risk-Based Capital
Date Published: 05/28/2018
Policy & Research
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