The financial crisis and its impact on the insurance industry will be the focus of discussions during next month's Annual Meeting of the Casualty Actuarial Society, CAS announced.

Its session will be held Nov. 16-19, at the Sheraton Seattle Hotel and Towers in Seattle.

CAS said the meeting provides a forum for actuaries and other insurance professionals to stay abreast of current issues affecting the actuarial profession, as well as opportunities to interact with other actuaries from around the globe.

The four general sessions that are planned CAS said are:

o “Understanding Capital and When You Really Need It–Lessons Learned or Not Learned from Subprime” will explore the recent financial crisis and the effects on the insurance industry. A panel of industry experts will address questions such as “What have we learned from the credit crunch, and are there other, similar types of problems lurking in the insurance industry?”

o “Case Studies in ERM” will discuss the state of enterprise risk management in the insurance industry, including two case studies of ERM implementations.

o “Predictive Models, Innovation, and Regulation: Markets Constrained” will examine the tensions that arise between the new pricing innovations and regulation.

o “Surveys of Reserving Methods” will unveil the results of the CAS Committee on Reserves' recently completed survey of reserving methods in use in North America, and compare the results to similar surveys conducted in the United Kingdom and Australia.

In addition to the general sessions, over 30 concurrent sessions will be offered addressing topics such as auto frequency, California and New York workers' compensation, claim fraud modeling, emerging exposures, insurance regulation, mergers and acquisitions, mortgage insurance, and medical malpractice claim frequency.

The featured speaker is Eugene Robinson, Washington Post columnist and associate editor, who will offer his perspective on this year's political season.

Details and an online registration form are available on the CAS Web site at www.casact.org. On-site registration is available at the meeting.

Special Reports /

Financial Crisis Will Be CAS Annual Meeting Topic

Related Stories

Recommended For You