Casualty Actuarial Society

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Risk Assessment Database

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About RPP

Aim and Scope | Researchers | Predecessor RPP I

Aim and Scope

The Risk Premium Project (RPP) represented an extensive, thorough and up-to-date analysis of the theory and empirics of risk assessment for property-casualty insurance. Specifically the Theory of Risk Committee (COTOR) of the Casualty Actuarial Society has defined three goals:

  1. An update of the literature bibliography, incorporating literature from reinsurance, risk management and catastrophe sources,
  2. A revision of the key conclusions included in RPP I and II in light of additional literature and results of empirical studies, and
  3. Derive recommendation of additional empirical studies in order to enhance the understanding of the current theories and to further quantify particular aspects, update and perhaps provide alternatives to recent models produced.