Casualty Actuarial Society

Casualty Loss Reserve Seminar

September 14-15, 2009

Chicago Magnificent Mile Hotel
Chicago, IL


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Increased Scrutiny and Changing Risks – Are You Prepared?

The current crisis has raised public and regulatory scrutiny of our financial institutions. Property-Casualty insurers and actuaries are not immune. The 2009 Casualty Loss Reserve Seminar will help you rise to the challenge and demonstrate your unique talents to understand, evaluate and manage risk. This year’s seminar will emphasize “hands on”, practical sessions in estimating reserve risk and evaluating the effectiveness of various estimation techniques. In addition, professionalism courses will be offered to help you comply with standards and communicate results.

The Casualty Loss Reserve Seminar (CLRS) provides a forum for presenting and discussing significant issues in loss reserving. The program includes a range of topics to interest professionals and students in a number of related disciplines. Moreover, the seminar meets the continuing education needs of actuaries and other professionals whose responsibilities include loss reserving.

The seminar is recommended for risk and insurance managers, actuaries, actuarial students, accountants, underwriters, insurance regulators, and others who require an understanding of recent state-of-the-art developments, as well as traditional loss reserve methods and models. Sessions on advanced reserving topics, including emerging and regulatory issues, reinsurance, and accounting, are designed for experienced loss reserving professionals.

Intermediate reserving topics are recommended for individuals already familiar with basic evaluation techniques who wish to increase their knowledge of loss reserve methods and models. Sessions on basic reserving topics are recommended for individuals with limited experience evaluating loss reserves. In addition, a wide range of special topics will interest the general audience at all levels of experience.

The seminar follows a format of panel sessions, many using slides and printed handouts to augment the presentations. Illustrative numerical examples are used whenever possible. Audience participation is encouraged.

About the Sponsoring Organizations

The Casualty Loss Reserve Seminar is cosponsored by the Casualty Actuarial Society, the American Academy of Actuaries, and the Conference of Consulting Actuaries.

Casualty Actuarial Society The Casualty Actuarial Society was founded in 1914 to promote and maintain high standards of competency among casualty actuaries. Its members are engaged in actuarial and statistical science as applied to insurance other than life insurance, and include actuaries employed by insurance organizations, educational institutions, government, and consulting firms.
American Academy of Actuaries The American Academy of Actuaries is a 16,000-member professional association whose mission is to serve the public on behalf of the U.S. actuarial profession. The Academy assists public policymakers on all levels by providing leadership, objective expertise, and actuarial advice on risk and financial security issues. The Academy also sets qualification, practice, and professionalism standards for actuaries in the United States.
Conference of Consulting Actuaries The Conference of Consulting Actuaries, formerly the Conference of Actuaries in Public Practice, was founded in 1950 as an organization through which members can exchange ideas and discuss problems unique to consulting actuaries. Members of the conference provide consulting services to businesses and the public on individual life and health insurance, group insurance, social insurance, pensions, other postemployment benefits, and property/casualty insurance. Members work for federal, state, and local governments; consulting and accounting firms; corporations; life insurance firms; and investment firms.

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