News

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.

The Casualty Actuarial Society (CAS) and the CAS Reinsurance Research Working Group are pleased to extend a call for papers. The goal of this program is to facilitate the publication of clear, practical, accessible papers on reinsurance topics.

The Casualty Actuarial Society recently released a joint report examining China’s insurance trends. Co-sponsored with the Society of Actuaries and Canadian Institute of Actuaries, “China: An Era of Insurance Innovation,” highlights insurance trends in China, with a particular focus on topics that will drive the enterprise risk management (ERM) function of insurance companies.

Two new papers have been published on the Variance website.