Increased Scrutiny and Changing Risks – Are You Prepared?
The 2009 economic crisis raised public and regulatory scrutiny of our financial institutions. Property-Casualty insurers and actuaries are not immune. The 2009 Casualty Loss Reserve Seminar aimed to help professionals rise to the challenge and demonstrate their unique talents to understand, evaluate and manage risk. The seminar emphasized “hands on”, practical sessions in estimating reserve risk and evaluated the effectiveness of various estimation techniques. In addition, professionalism courses were offered to help attendees comply with standards and communicate results.
The Casualty Loss Reserve Seminar (CLRS) provides a forum for presenting and discussing significant issues in loss reserving. The program included a range of topics to interest professionals and students in a number of related disciplines. Moreover, the seminar meets the continuing education needs of actuaries and other professionals whose responsibilities include loss reserving.
The seminar is recommended for risk and insurance managers, actuaries, actuarial students, accountants, underwriters, insurance regulators, and others who require an understanding of recent state-of-the-art developments, as well as traditional loss reserve methods and models. Sessions on advanced reserving topics, including emerging and regulatory issues, reinsurance, and accounting, are designed for experienced loss reserving professionals.
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