Abstract
The identification and quantification of environmental liability exposures is becoming increasingly more important to U.S. property/casualty insurers. This article discusses new tools available to assist in the evaluation of Environmental Impairment Liability (EIL) exposures, and how EIL reserving might be handled in "the Perfect World of the Future."
Keywords: Pollution, Superfund, CERCLA
Volume
Summer
Page
401-417
Year
1994
Categories
Business Areas
Latent Exposures
Environmental
Actuarial Applications and Methodologies
Reserving
Reserving Methods
Publications
Casualty Actuarial Society E-Forum