Casualty Actuarial Society

Press Room

CAS Annual Meeting to be Held November 6-9 in Chicago, Illinois

10/25/2011 —

ARLINGTON, VA – Flood insurance, actuarial perspectives on the insurance cycle, and M&A activity in the insurance and reinsurance industries are among the featured topics to be addressed during the Annual Meeting of the Casualty Actuarial Society (CAS), scheduled for November 6-9, 2011, at The Hyatt Regency in Chicago, Illinois.

The meeting provides a forum for actuaries and other insurance professionals to stay abreast of current issues affecting the actuarial profession, as well as opportunities to interact with other actuaries from around the globe.

Three general sessions headline the program:

  • Flood Insurance — The Great Debate. The National Flood Insurance Program is $30 billion in debt, and in Congress, there are many different opinions on how to fix it. This session will review recent Congressional action regarding the program’s reauthorization, including the major points of debate. Panelists will offer an actuarial perspective on what they believe should be done with the program.
  • Actuarial and Business Perspectives on the Insurance Cycle. This session will discuss the insurance cycle from an actuarial, technical model perspective as well as a business, underwriting perspective. Panelists will discuss the impact of predictive modeling on pricing and the cycle, and how this varies among low-touch underwriting lines, middle markets, full experienced-based pricing lines, and more specialized technical underwriting.
  • M&A Activity in the Insurance & Reinsurance Industry. This session will investigate current M&A trends in the marketplace. Panelists will summarize post-2008 M&A activity and comment on how the underwriting cycle, interest/inflation rate changes and capital market events will affect upcoming activity.

In addition to the general sessions, 27 concurrent sessions will be offered, addressing such subjects as: current topics in homeowners insurance, directors and officers liability, the rating of captives, effectively utilizing vehicle telematics data, Solvency II, toll of the Great Tohoku Earthquake in Japan, latest research on capital allocation, and medical professional liability updates and innovations.

The keynote speaker is Anthony Goldbloom, economist and entrepreneur, who will speak on the power of competition and its application to the business of analytics and, by extension, actuarial science.

The meeting gives actuaries the opportunity to earn continuing education credits in a variety of sessions covering relevant and timely topics necessary for continued professional growth and maintaining actuarial credentials.

Members of the press are welcome to attend the meeting and are asked to register in advance with Mike Boa, CAS Director of Communications and Marketing, at 703-562-1724 or mboa@casact.org.

The Casualty Actuarial Society fulfills its mission to advance actuarial science through a focus on research and education. Among its 5,500 members are experts in property-casualty insurance, reinsurance, finance, risk management, and enterprise risk management.

Contact Information

Mike Boa, CAS Director of Communications and Marketing

703-276-3100, mboa@casact.org

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