Search Presentations
STAY TUNED! If you are anticipating additional search filters by attribute and level to align with the CAS Capability Model, it is coming later this Summer. As the CAS begins to code recorded sessions by specific attributes and levels (starting with the 2023 Annual Meeting), these will be tagged in the CAS database of presentations going forward and should be searchable.
But you may use the Capability Model now to help you identify topics. For example, if you want to move up one level under the content area “Functional Expertise,” you may search topics in the particular functional area to expand your knowledge.
Recorded content is searchable by Capability Model attribute and level in the CAS Online Library.
Refine Your Search
The presentation materials are offered in connection with CAS professional education offerings. © 2022 Casualty Actuarial Society. All Rights Reserved. The presentation materials may contain copyrighted content the use of which has not been specifically authorized by the copyright owner. You are permitted to view and print the materials for personal/professional noncommercial research purposes. Except for the foregoing, you agree not to reproduce, distribute, modify, create derivative works, or commercially exploit the presentation materials without prior written permission from CAS. Please direct any copyright permission inquiries regarding use of the presentation materials to acs@casact.org.
STAY TUNED! If you are anticipating additional search filters by attribute and level to align with the CAS Capability Model, it is coming later this Summer. As the CAS begins to code recorded sessions by specific attributes and levels (starting with the 2023 Annual Meeting), these will be tagged in the CAS database of presentations going forward and should be searchable.
But you may use the Capability Model now to help you identify topics. For example, if you want to move up one level under the content area “Functional Expertise,” you may search topics in the particular functional area to expand your knowledge.
Recorded content is searchable by Capability Model attribute and level in the CAS Online Library.
LOB-14: Workers Compensation Claims Adjusting: What Actuaries Need to Know
Actuaries often have little visibility into the claims adjusting process, yet rely heavily on the adjuster’s reserves (case reserve) in many commonly used actuarial methodologies.
What would you do with a little insight into the claims reserving process? How do changes or variations in company guidelines impact your analysis?
This session will provide insight into the complex world of workers’ compensation claims adjusting – from the initial intake and determination of claim validity, to consultations, decisions, best practices, settlements and reserve setting.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
Jonathan Sappington
Panelists:
Dolph Zielinski, Richard Messick
C-20: Finding Peace: Stress Reduction at Work
It’s time to break up with stress. Learn to recognize your stress triggers and what to do with them. An easy step by step guide to reducing stress and finding that peace you crave in the workplace.
Source:
2018 Annual Meeting
Type:
Concurrent Session
Panelists:
Samantha Delory
RM-7: LPTs and ADCs as a Risk Management Tool
So what tools do insurers with significant casualty portfolios have to manage their risk? A loss portfolio transfer and/or an adverse development cover are a couple of ways to manage past casualty sins. In this session, we will talk about LPT/ADC pros and cons, how they’re priced and why now is the best time in the last 15+ years to effectively use these reinsurance structures as a risk management tool.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Rajesh Sahasrabuddhe, Dustin Loeffler, Paul Ceaser
LOB-15: Wheels of Misfortune
This session will provide an update to the Commercial Auto industry experience, most recently presented at the 2018 CAS and CARe Wheels Down sessions. We will review various industry results from the 2000s through 2017. We will include a detailed review of 2017 with an emphasis on actual vs. expected testing indications, potential lengthening ground-up and excess loss development factors, case reserving practices, industry based initial expected loss ratios, new and renewal rate monitoring, and underwriting cycle ramifications. Additional claim drivers and litigation trends will be reviewed. An underwriter and commercial auto product manager who lived through the wheels ups and downs over the last decade will give their experience from a ground level perspective, including measures to help improve insights in this continually challenging line of business.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Michael Rozema, John Buchanan, Diane Injic
LOB-1: Recent Trends in Medical Professional Liability
After more than a decade of falling claim frequency, moderate severity trends and favorable operating results that resulted in today’s soft market, this session will explore recent claims activity that may portend changes to the market. Commentary will be provided on leading indicators of an eventual hardening market.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Chad Karls, Richard Soulsby
FS-1: Smash Your Sales Stereotype
The modern professional must be agile, responsive, approachable and knowledgeable. You cannot live in a silo any longer! Today’s adaptable and successful professional expresses their value with every conversation. It’s essential that you can communicate what you do to build relationships and sell yourself with every single conversation you have.
Do people perceive you as part of the organization to the organization? Do you have the robust relationships that allow others to see you as a key to overall success?
In his motivating, informative and humorous keynote, Todd Cohen takes us through the 21 innate human communicating behaviors that we all practice every day, and reveals how these behaviors ARE natural selling behaviors. When we recognize the power of our engagements, we are more successful, happy and satisfied. Todd shows how you can create and gain value from your unique value proposition.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Featured Speaker
Moderators:
R. Scott Cederburg
Panelists:
Todd Cohen
PD-6: Case Studies in Professionalism
Discussion of various situations where an actuary needs to make the "right call". But is there always a "right call"? Audience participation will be encouraged for a lively discussion regarding issues reserving actuaries face on a regular basis.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
Lisa Slotznick
Panelists:
Thomas Le, Eric Hornick, David Wright
ST-11: Trends and Innovation in the U.S. Healthcare System
Since passage of the Affordable Care Act almost eight years ago, the U.S. health insurance market has been in a state of transformation. While the ACA brought the most significant changes for consumers in the individual market and Medicaid, it affected the entire healthcare system. Back at the end of January, three of America’s largest corporations—Amazon, JPMorgan Chase, and Berkshire Hathaway—announced their plan to form a joint venture to “disrupt healthcare.” While few doubt the ability of these organizations to radically remake markets, disrupting healthcare, which represents 18% of the U.S.’s GDP, is a tall order. In this session, the presenters will provide a wide ranging overview of current trends affecting the U.S. health insurance market as well as the potential impact on casualty insurance, including the after-effects of the ACA, the future of public programs like Medicaid and Medicare, current trends and innovations.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Adam Blais, Andrew Naugle
FR-6: New FASB Requirement: Setting the Uncollectible Reinsurance Reserve
The scope of the new FASB standard - credit loss (2020/2021) includes the credit portion of the uncollectible reinsurance reserves (URR). In this session, the speakers will explore the methods of estimating URR and the associated data issues and cautions.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Ralph Blanchard, Susan Pino
ST-6: Intermediate Reserving Bootcamp: Part 2
This double concurrent session will expand on the basic methods used to determine ultimate losses looking at non-traditional / advanced methods beyond chain ladder.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Jane Taylor, D. Scott Lamb, Brian Clancy, Andrew Somers, Karin Rhoads
W-5: A Hands-on Introduction to Bayesian Inference and Reserving Models
This workshop is designed for actuaries who want a hands-on practical introduction to building Bayesian reserving models. We will start with an approachable introduction to Bayesian inference. Next, we will review the underlying assumptions behind several popular reserving methods then use a combination of R and Stan (http://mc-stan.org open source bayesian estimation and simulation software) to build these and new reserving models using Bayesian techniques. This is not a mathematically intensive session. The focus will be on understanding, testing and changing the underlying model assumptions. Optional pre-work will be made available in August.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Workshop
Moderators:
Lisa Slotznick
Panelists:
Stephen Lienhard, Jesse Nickerson, Dan Mitte
LOB-13: Overlooking Tails
Actuaries are faced with a multitude of decisions when either pricing contracts or establishing reserves. One of the most common decisions to make when confronted with less than fully credible data is establishing what development factors to select, how to weigh them with a library of layered incurred and paid industry benchmarks, and quite importantly trying to assess the length of the "tail". Further complications such as lengthening development factors, including incorporating reserve runoff tests and IELR estimations for ground-up and excess layers, will be explored.
This session will use a "hypothetical real life example" of items typically found in an excess casualty submission, a set of industry benchmarks, and lots of ingenuity to try to derive various pricing, reserving, and aggregate distribution indications. The "real" issue is that the illustrative data is 8x8, while it is expected that the actual development could go to 20+ years. Two very skilled actuaries were asked to tackle the analysis in different ways (originally presented at CARe in Brooklyn in June). One from a classical probability approach using various transforming, scaling, and duration mechanisms. While the other approach will use a Bayesian Loss Development Credibility model to try to build a maximum likelihood estimate that compromises between the actual and benchmark patterns when confronted with wide ranges. A summary of the second approach will be given in the presentation (a full description of the second approach is in the recorded session from CARe).
While at times the presenters will delve into complexities such as using the Cape Cod method, Mata/Verheyen limit adjustments, measuring heteroskedasticity, and loglogistic growth curves, it is hoped that this presentation will provide the practitioner with new tools and ways of thinking for an age-old problem. We will also discuss the measuring of "skill" of indications from five and other years of data when tails are 20+years, with an important concept of not being overconfident when assessing less than mature data.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Aleksey Popelyukhin, John Buchanan
LL3: Wildfires Learning Lounge
Are wildfires going to be the hot topic again in 2018? This learning lounge will be an opportunity to discuss with wildfire practitioners on implementing wildfire strategies from simple to sophisticated, industry trends and possible changes to the regulatory environment.
Source:
2018 Underwriting Collaboration Seminar
Type:
Learning Lounge
Moderators:
David Paul, Paul Cardon, Marcela Granados
Panelists:
Ellie Graeden, Clark Woodward, Yue-Jun Yin
W-8: The Profound Power of Presence: How to Communicate your Value and Purpose
In this hands-on, interactive and practical workshop, each participant will learn exciting and immediately useful techniques to communicate personal and professional value!
Part One: Communicating Value and Purpose
In today’s new world, your title doesn’t matter anymore. All of your degrees and certifications are no longer the best sales tool you have. The number one job for any business professional is to help people understand what they do and how they bring value. It is mandatory that you build relationships and sell yourself with every single conversation you have.
The modern business professional’s communication key to success is to engage people in a way that gets them to want to learn more about you. Knowing your value proposition ensures that colleagues and clients understand what you do and how you do it.
Part Two: Power of Presence
Your ability to demonstrate your presence is your silent selling tool. Presence is often underestimated, and not understood and respected for its immense power. Your presence creates an indelible impression on others and profoundly influences their very desire to engage, work with you, and buy into/from you. If you can establish presence, people will want to work with you and be your customer. It’s that simple. Presence is much more than being physically present. It means how you present yourself in every situation you are in. It’s how you decide HOW you want people to see you and if you want them to respect you. It’s how you show up and engage people. Presence is how people perceive you as being interested and in the game.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Workshop
Moderators:
Lisa Slotznick
Panelists:
Todd Cohen
FR-5: Lesson's Learned: Bermuda’s Economic Balance Sheet Loss Reserve Opinion and Solvency Capital Ratio Requirements
Having completed a second year end of EBS opinions, this session will provide a Bermuda consultant’s perspective on common practice and issues regarding EBS opinions, allow for observations from the BMA regarding the latest round of submissions and provide the audience an opportunity to raise their issues and questions. There will also be discussion regarding the status and impact of changes to the BSCR.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
William Miller, Jeferino dos Santos
FR-4: BCAR for Reserving Actuaries
A.M. Best has transitioned to a stochastic based model to help determine the ratings of property and casualty insurance companies. In this session, you will learn about AM Best's stochastic based BCAR model and how it applies to the work you do as a reserving actuary.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Thomas Mount, Lise Hasegawa
PD-5: Coffee Klatch for Opinion Writers
So, you have a few questions about your upcoming or recent opinion. You probably won't find a better place to get your answers than this session. Or maybe you have resolved an interesting issue in your opinion. Come and share your knowledge and help your fellow practitioners avoid similar problems. Need help making a better presentation to your Board or Senior Management? These panelists are sure to have helpful insight, along with your fellow attendees. The same can be said about interacting with regulators, auditors, and even lawyers. Bring your questions and take advantage of the collective experience that will be in this session.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
Lisa Slotznick
Panelists:
Joseph Herbers, Kathleen Odomirok, Margaret Wendy Germani, Albert Beer, Julie Lederer
PD-4: Actuarial Trivia Challenge!
From the group that brought you Jeopardy!, Family Feud, and Who Wants To Be An Actuary?, the CAS Professionalism Education Committee presents the latest incarnation of its actuarial trivia format. Using the Kahoot app, audience members will answer a series of multiple-choice trivia questions that will test the depth of their knowledge on the profession’s professional standards. See if you can come out on top!
Session participants should walk away from this session with a better understanding of ASOP’s, the Code of Conduct, and how to apply them when facing their own professional ethical dilemmas. This session may be counted as professionalism credit for continuing education.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Peter Royek, Jeffrey Casaday
PD-3: Lights! Camera! Professionalism!
Have you ever come across professional dilemmas that you wish you had seen in a skit before facing them? If not, now’s your chance! Come and see some fine acting by fellow actuaries while they perform sketches and grapple with such issues. You will walk away from this session with a better understanding of ASOP’s, the Codes of Conduct, and how to apply them when you face your own professional ethical dilemmas.
Our presentation includes new skits this year compared to the 2017 CLRS. This session may be counted as professionalism credit for continuing education.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Peter Royek, Kendall Williams, Brandon Shain
FR-3: IFRS 17: A Deep Dive into Key Issues
International Financial Reporting Standard (IFRS) 17 – Insurance Contracts will present some issues and challenges to P&C actuaries as they work to implement the new standard, effective with reporting in 2021. These issues include determination of unit account (why it matters and what needs to be considered), issues surrounding estimating cash flows and acquisition costs, PPA eligibility assessment/coverage units, risk adjustment approaches, discounting (is OCI option worth it?), and reinsurance matters including the treatment of profit commissions, reinstatement premiums and sliding scale commissions.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
Lisa Slotznick
Panelists:
William Miller, Gareth Kennedy, Lela Patrik
W-4: Effective P&C Opinions – the Opinion Writers’ Workshop
Your actuarial opinion and reports are reviewed and analyzed for appropriateness to different stakeholders – including company management, auditors, regulators, court officials and jurors. Each group has different needs for information and you will want to be able to communicate effectively to all.
This workshop will deepen your expertise on the latest requirements for P&C Statements of Actuarial Opinions with a review of actuarial qualification standards, standards of practice and interactive case studies.
In the day-long session, the work shop will offer attendees the opportunity to:
• Gain an understanding of regulatory/company/auditor perspectives and expectations;
• Remain up to date on the latest regulations and standards;
• Delve deeper into subjects such as RMAD, ranges, documentation, data and report writing
• Focus on communicating effectively to various stakeholder groups
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Workshop
Moderators:
Lisa Slotznick
Panelists:
Joseph Herbers, Kathleen Odomirok, Margaret Wendy Germani, Albert Beer
W-7: Captive Insurance Boot Camp - Advanced
Captive insurance mechanisms are flourishing. This half day workshop will cover advanced captive topics, including funding approaches (experience vs. exposure rating), tax considerations, issues related to benchmarks, risk transfer and risk distribution issues, and pricing unique coverages.
Attendees will need to bring a laptop with Microsoft Excel loaded.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Workshop
Moderators:
R. Scott Cederburg
Panelists:
Robert Walling, Matthew Killough, Aaron Hillebrandt
W-6: Captive Insurance Boot Camp - Basic
Captive insurance mechanisms are flourishing. This workshop will cover some of the basic elements actuaries have to deal with while working with or on captives. Special focus will be given to captive types and structures, typical coverages, types of service providers, benefits of captives, domicile considerations, captive applications and pro formas.
Attendees will need to bring a laptop with Microsoft Excel loaded.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Workshop
Moderators:
R. Scott Cederburg
Panelists:
Robert Walling, Matthew Killough, Aaron Hillebrandt
ST-10: Advanced Actuarial Automation Technology to Meet Today's and Tomorrow's Needs
As the world becomes increasingly more analytics and data driven, insurers are embracing innovation and advanced technology to drive growth, preserve profitability, and manage risk. Actuarial leaders are under pressure to do more, in less time, with stable or reduced personnel and thus are looking to modernize and transform their operations, toolsets, and workforces to better serve the business. Robotics process automation and other advanced actuarial automation tools, have emerged as key technology enablers to complement a transformation and accelerate actuarial innovation.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Ian Sterling, Jason Nikowitz, Anoop Saxena
ST-9: California Wildfire Risk: What We Have Learned and Where We Are Going
Industry experts from CoreLogic will discuss how the recent wildfire and mudslides will impact insurance costs, capital adequacy, and reserving.
Source:
2018 Casualty Loss Reserve Seminar (CLRS)
Type:
Concurrent Session
Moderators:
R. Scott Cederburg
Panelists:
Thomas Larsen, Howard Kunst
