Casualty Actuarial Society

Casualty Loss Reserve Seminar

Casualty Loss Reserve Seminar (CLRS)

September 15-17, 2013
Boston Marriott Copley Place
Boston, Massachusetts

Luncheon Address

The P&C Reserving Cycle: Analysts Perspective on Recent Reserve Changes, and Where They May be Headed

Following years of reserve releases from Property & Casualty insurers, recent trends and analyses of insurance company reserves suggest that the tide may be turning, and we may be heading into a period of reserve shortfalls. Our panelists, from their perspective of rating analyst and equity analyst of the P&C insurance industry, will offer insight on:

  1. Their overall observations on the changes in reserves held by P&C insurers
  2. Specific lines of business that are driving these trends
  3. New methods or approaches they have observed that companies are using to determine reserves or surplus
  4. How they use regulatory and/or statutory information to assess the financial strength of the P&C insurance industry, and the companies they analyze
    Moderator:
    Rachel Dolsky, Actuarial Advisor, Ernst & Young LLP
    Panelists:
    Meyer Shields, Managing Director, Keefe, Bruyette and Woods
    Panos Karabelas, Vice President and Senior Analyst, Moody's Investors Service