Publications & Research
Sponsored by the Casualty Actuarial Society and the Society of Actuaries (SOA) Research Institute, the 16th Annual Survey of Emerging Risks Key Findings report provides insights into top concerns among risk managers.
Commercial Lines, Insurance Hot Topics, Membership / Notices to Members, Press Releases, Personal Lines, Publications & Research
A new report from the Canadian Institute of Actuaries (CIA) and the Casualty Actuarial Society (CAS) analyzes the impact of marijuana decriminalization on the vehicular accident experience in Canada and the United States. The study did not detect any statistically significant impacts of decriminalization on the car accident fatality rate, insurance claim frequency or average cost per claim, particularly over the long term.
IAA's CRTF released their fifth paper, Climate-Related Disclosures and Risk Management: Standards and Leading Practices.
The November-December 2022 issue of Actuarial Review is live!
Dynamic Risk Modeling, Enterprise Risk Management, Extreme Event Modeling, Membership / Notices to Members, Publications & Research
The Casualty Actuarial Society yesterday announced the winners of the first-ever CAS Hacktuary Challenge, a contest designed to showcase the actuarial skill set in developing novel risk engineering solutions. Entrants were challenged to create an end-user application that would be actuarially grounded but address a risk management problem of relevance to a typical consumer. The challenge also required that all code for the application be made publicly available on the CAS’s GitHub site.
CAS News, Extreme Event Modeling, Membership / Notices to Members, Personal Lines, Predictive Modeling, Publications & Research, Ratemaking, Valuation
A new Casualty Actuarial Society (CAS) Research Paper provides the first detailed road map for understanding and quantifying the impact of wildfire mitigation on homeowners insurance premiums. Catastrophe Models for Wildfire Mitigation: Quantifying Credits and Benefits to Homeowners and Communities explores the need for catastrophe models to perform the quantification of mitigation efforts, outlines actuarial considerations and approaches for developing wildfire mitigation premium credits, and describes challenges in obtaining data and implementing mitigation premium credits.