Casualty Actuarial Society


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Wheels Down Webinar

March 22, 2018

This session will address the continuing commercial auto issues from a pricing and reserving perspective. We will approach the issues by walking through the last decade to understand the trends and drivers behind these trends. We will break down the overall results into the latest frequency and severity trends, rate changes, pressures on increased limits factors, lengthening development factors and resulting profitability issues. Cross-line comparisons including a review of the commercial auto component of umbrella will be addressed. We will also discuss tests devised to spot outlier companies early on, including market differentiating features such as average case-reserving practices, last-reserve-to-settlement amounts, and duration matching. Lastly presenters will cover the qualitative and quantitative features to address the drivers and results through the cycle, including a look at trend drivers into the future.

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