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Media Advisory: 2021 CLRS Virtual Seminar

WHAT: Casualty Actuarial Society (CAS) Virtual Casualty Loss Reserve Seminar & Workshops 

WHO: Insurance professionals of all levels, including actuaries, predictive modelers, product managers and underwriters. Members of the press are welcome to attend this virtual conference and are asked to register in advance with Kate Niswander, CAS director of marketing and communications, at 703-276-3100 or kniswander@casact.org.  

WHERE: Internet live stream on September 13-15, 2021.     

WHEN: September 13-15, 2021. Please note all times are Eastern.    

WHY: To discuss industry trends and emerging issues in property and casualty insurance and casualty loss reserves. The meeting will consist of three general sessions, a keynote speaker as well as concurrent sessions. Topics to be addressed at the seminar include COVID 19 and beyond, environmental impacts, and industry predictions.  

General Sessions   

Keynote Speaker: Global Warning: How the New Rules of Innovation Can Transform Businesses, Propel Nations to Greatness, and Tame the World's Most Wicked Problems  

[Monday, September 13 – 10:15 AM to 10:45 AM]   

Listen to a provocative keynote address that surveys the megatrends reshaping the 21st century global economy, from the prospects for future pandemics to the disruptive and widespread impacts of climate change.   

Panelist: 
Vijay V. Vaitheeswaran, award-winning author and Energy & Climate Innovation Editor of The Economist  

Acknowledging and Addressing Invisible Struggles Within Diverse Teams

[Monday, September 13 – 12:00 PM to 1:00 PM]   

This session showcases data on representation in the actuarial profession, a discussion of key issues faced by underrepresented groups within the profession, and strategies that both impacted individuals and allies can employ to address these issues.  

Panelists: 
Jessica Leong, FCAS, President, Casualty Actuarial Society
Jacob Akstins, ACAS, Co-founder and President of the Sexuality and Gender Alliance of Actuaries (SAGAA)
Mallika Bender, FCAS, Diversity, Equity & Inclusion (DE&I) Staff Actuary, Casualty Actuarial Society
Daniel Fernandez, FCAS, President - Board of Directors of the Organization of Latino Actuaries (OLA)
Simone Walker, ACAS, Actuarial Managing Director, CNA Insurance  

Modeling the COVID-19 Pandemic

[Tuesday September 14 – 12:00 PM to 1:15 PM]   

This session will look at modeling the COVID-19 pandemic from the perspective of an infectious disease epidemiologist. The presenter, Professor Deirdre Hollingsworth, uses mathematical models and statistical analyses to study the evolution and transmission dynamics of infectious diseases with the aim of informing the design of more effective control interventions.  

Panelist:  
Deirdre Hollingsworth, Big Data Institute, University of Oxford  

Concurrent Sessions   

Pandemic Risk Management: Resources Contingency Planning and Allocation

[Monday, September 13 – 1:00 PM to 2:15 PM]   This session discusses how epidemiological models can predict the spread of infectious diseases in the similar way that meteorological models are used to forecast weather. Such predictions provide quantitative bases for decision makers of healthcare systems to understand the potential imbalance of supply and demand, and to address disparities of access to critical medical supply across different subsidiaries.  

 Panelists:    
Runhuan Feng, Director of Actuarial Science, University of Illinois at Urbana-Champaign
Linfeng Zhang, Department of Mathematics, University of Illinois at Urbana-Champaign
Alfred Chong, Associate Professor, Heriot-Watt University   

After the Wind Blows: Property Reserving in Gulf Coast States  

[Monday, September 13 – 5:00 PM to 6:15 PM]    

In this session, panelists will take an industry-level view of Gulf Coast property reserving, while also diving into its impacts on the primary companies and reinsurance players navigating today’s market.     

Panelists:    
Arthur Randolph, FCAS, Principal and Consulting Actuary, Pinnacle Actuarial Resources, Inc.
Aaron Koch, FCAS, Principal and Consulting Actuary, Milliman
Lee Knepler, FCAS, Vice President of Actuarial and Analytics, United Property and Casualty Insurance Company     

State of the Workers Compensation Market  

[Monday, September 13 – 5:00 PM to 6:15 PM]    

This session will cover the market dynamics and legislative environment moves and their impacts, from a rating bureau, a self-insured entity as well as auditors' perspectives.   

Panelists:  
David Bellusci, FCAS, Executive Vice President, COO and Chief Actuary, W.C. Insurance Rating Bureau of California
Christian Lemay, FCAS, Managing Director, EY
Mark Priven, FCAS, VP & Principal, Specialty, Actuarial Bickmore Actuarial     

Impact of COVID 19 on Workers Compensation and General Liability

[Tuesday, September 14 – 4:15 PM to 5:30 PM]

This session goes over several modeling/projecting WC losses from COVID infections & an examination of COVID impacts from the 2020 calendar year.

Panelists:  
Kyle Walker, Senior Actuarial Analyst, Willis Towers Watson
Jonathan Sappington, FCAS, Consultant, Willis Towers Watson
Ashley Wohler, FCAS, Director, Willis Towers Watson    

For more information on this virtual conference, visit casact.org/clrs.    

About the Casualty Actuarial Society    

The Casualty Actuarial Society (CAS) is a leading international organization for credentialing and professional education. CAS members are sought after globally for their insights and ability to apply analytics to solve insurance and risk management problems. Professionals educated by the Casualty Actuarial Society empower business and government to make well-informed strategic, financial and operational decisions.  

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