Description: Read the July 2018 issue of Reinsurance News published by the Reinsurance Section.

Description: RMD file.

Description: This research report develops a framework for modeling and pricing cybersecurity risk.

Description: The Spatial Hazards Events and Losses Database for the United States (SHELDUS) provides county-level data for direct economic losses due to natural hazards from 1960 to the present.

Description: Read the November 2018 issue of Reinsurance News published by the Reinsurance Section.

Description: The Society of Actuaries’ (SOA’s) educational track on General Insurance (property and casualty) was recently recognized by both Hong Kong and Singapore regulators.

Description: Reserving and ratemaking calculations are vital to how insurance companies perform financially. Current-day practices for predicting future loss ratio or pure premiums for reserving and ratemaking rates are not based on low prediction errors—mean squared error (MSE) criterion. This report provides mathematically optimal weights that lead to minimum MSE prediction errors, and the formulas are validated using retro-testing with real-world datasets. In this report, two main theorems are discussed, each addressing prediction of future loss ratio or pure premium and improving upon current practices for how rates and reserves are calculated.

Description: Sidecars have become prominent in the US Life & Annuity industry as an alternative reinsurance structure by which Life & Annuity insurers can access third-party capital, and new capital providers can support insurers in de-risking their balance sheets. This session will provide an overview of life & annuity sidecars and the panel will include both actuaries as well as a lawyer to provide a holistic set of considerations for insurers and investors.