Publications & Research

Social inflation—the impact of rising litigation on insurers’ costs—increased claim payouts for commercial auto insurance liability alone by over $20 billion between 2010 and 2019, according to a new paper by Insurance Information Institute (Triple-I), in partnership with the Casualty Actuarial Society (CAS).

A new paper has been published on the Variance website: “Recommender Systems for Insurance Marketing” by Giorgio Alfredo Spedicato and Giuseppe Savino.

Using the Hayne MLE Model: A Practitioners’ Guide, a new volume in the CAS Monograph Series, is now available for download. This monograph, written by Mark Shapland, illustrates the practical implementation of the Hayne MLE modeling framework as a powerful tool for estimating a distribution of unpaid claims.

Climate risk, cyber concerns, and financial volatility are the top emerging risks according to an annual survey of risk managers. Providing insights on emerging risks over time, the 15th Annual Emerging Risk Survey is sponsored by the Joint Risk Management Section (JRMS) of the Canadian Institute of Actuaries (CIA), the Casualty Actuarial Society (CAS) and the Society of Actuaries (SOA).

The CAS is pleased to release the Fall 2021 E-Forum, which includes the winner of the 2021 CAS Reinsurance Prize — “The Roulette Wheel and the Drunken Sailor: Principal-Agent Theory and its Ramifications for Insurance and Reinsurance Risk Management,” by Neil M. Bodoff, FCAS, MAAA.

Two new papers have been published on the Variance website.

Four new papers have been published on the Variance website.