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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

Academy Letter to NAIC on CASTF Attestation Charge

Letter from Academy Past President Mary D. Miller to the NAIC on the Casualty Actuarial and Statistical Task Force exposure draft containing potential changes to the P/C Statement of Actuarial…
Topics: Casualty NAIC
Date Published: 05/10/2018
Policy & Research
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Comment / Letter

Comment Letter on Climate Change Risks to Insurers

Comment letter from  Senior Casualty Fellow Kevin Ryan to the International Association of Insurance Supervisors on climate change risks to the insurance sector.
Topics: Casualty
Date Published: 04/26/2018
Policy & Research
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Practice Note

Retained Property Casualty Insurance-Related Risk: Interaction of Actuarial Analysis and Accounting

Committee on Property & Liability Financial Reporting practice note on retained risk.
Topics: Casualty Financial Reporting
Date Published: 04/23/2018
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Presentation

Presentation to NAIC on ACI and ACRI

Presentation to the NAIC Climate Change and Global Warming (C) Working Group on the Actuaries Climate Index and the Actuaries Climate Risk Index.
Topics: Casualty Climate Risk NAIC
Date Published: 03/24/2018
Policy & Research
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Comment / Letter

Comments on Comparing Workers’ Comp Rates Between States

ers’ Compensation Committee discussion of comparisons between states of workers’ comp rates.
Topics: Casualty Workers’ Compensation
Date Published: 03/16/2018
Policy & Research
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Comments on Comparing Workers’ Comp Rates Between States

Workers’ Compensation Committee discussion of comparisons between states of workers’ comp rates.&#xA0
Topics: Casualty Workers’ Compensation
Date Published: 03/16/2018
Policy & Research
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Comment / Letter

Comments to NAIC on CASTF Public Attestation Exposure Draft

Letter from Academy Past President Mary D. Miller to the NAIC on the Casualty Actuarial and Statistical Task Force’s (CASTF) exposure draft on the appointed actuary’s public attestation and…
Topics: Casualty NAIC
Date Published: 03/07/2018
Policy & Research
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Comment / Letter

Comments on the Three-Year Experience Period

Letter from Academy Past President Mary D. Miller to the NAIC on the Casualty Actuarial and Statistical Task Force’s (CASTF) request for comments on the three-year experience period—seeking…
Topics: Casualty NAIC
Date Published: 03/07/2018
Policy & Research
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Discussion Paper

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.
Topics: Casualty Financial Reporting NAIC Risk Management Risk-Based Capital Solvency
Date Published: 01/31/2018
Policy & Research
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Research Paper

Schedule P, Foreign Exchange and Intercompany Quotashare Pools: Results from a Survey of Casualty Insurance Companies

The Academy’s Committee on Property and Liability Financial Reporting identified two issues which might be producing inconsistent reporting on Schedule P, based on a lack of clear direction.  One…
Topics: Casualty Financial Reporting
Date Published: 01/19/2018
Policy & Research
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