Description: An interview with Weili Lu, the president of ARIA

Description: The cyber insurance market looks like it’s growing—rapidly, in fact. However, there’s more to the cyber insurance market than the outward appearance of strong growth. Worldwide aggregate premium’s upward trend may even be cause for alarm. The increase in premium against a flat rate of insured exposure is a key sign that the market could turn from growth to constriction if a solution isn’t found in the near future. If the cyber insurance sector hopes to reach such lofty goals as exceeding $30 billion in global premium by 2028, it’s going to need more capital. Whether directly into the insurance sector or via support from reinsurance and retrocession, fresh capital should help insurers achieve greater market penetration, build a broader foundation for ongoing expansion, and chart a course for long-term sustainable profitable growth. The same sources capital insurers have used since the early days of the market won’t be enough, though. Thankfully, the insurance linked securities (ILS) market seems poised to help, particularly with several promising recent transactions. New sources of capital could bolster the foundation for future cyber re/insurance growth.

Description: Join us for the Pandemics & Paradigm Shifts: ERM in an Intensely Dynamic World panel discussion, where industry and regulatory perspectives will help provide insight into a number of topics. Expect interactive dialogue opportunities based on the conversation between the panelists and the audience. Key topics that will be conversed about, but the panel is not limited to, include a brief review of historical paradigm shifts and subsequent insurer failures, best practices and an outlook on the ultra-dynamic world of today and consideration of a company's enterprise risk management framework as it affects ratings and insurance department examinations.

Description: A listing of professional development opportunities in the recent past that have relevance to general insurance actuaries.

Description: A non-technical review of two recent general insurance articles published in the SOA's North American Actuarial Journal. The articles reviewed analyze Pay-As-You-Drive Insurance and Usage-Based Insurance.

Description: Interview (Q&A) with Charlie Shamieh, Chairman of Gen Re, against the backdrop of the COVID-19 Pandemic and its impact on Re/Insurance

Description: Integrated Assessment Models (IAM) combine scientific scenarios that project changes in greenhouse gas (GHG) levels, resulting in global temperature increases and meteorological volatility when GHG increases, with quantitative economic models expanding on an aligned narrative.

Description: In this paper, we propose a novel class of propagation models to study the cybersecurity risks in fog computing cased IoT architectures, which are significantly different from the quantitative frameworks used in the existing cyber-related works within actuarial literature.

Description: The COVID-19 pandemic and its economic effects have resulted in significant insurance impacts. The General Insurance Research Committee (GIRC) of the SOA put forth a call for essays exploring the potential effects on commercial liability insurance. The committee selected this essay, “Evolving Trends in Commercial Liability Insurance,” submitted by Karl Canty and Varun Balutia of EXL, and awarded them a prize of $1,000. The GIRC congratulates the authors and is happy to publish the winning essay on The Actuary website

Description: The personal auto insurance industry is constantly changing. There are small and steady changes over time (e.g., inflation affecting the cost of repairs or general progress in the safety of vehicles) and sharp spikes (e.g., disasters and legislation). That change has never been more apparent with the Covid-19 pandemic, civil unrest, and driverless cars all presently having a significant impact on personal auto insurance.

Description: The personal auto insurance industry is constantly changing. There are small and steady changes over time (e.g., inflation affecting the cost of repairs or general progress in the safety of vehicles) and sharp spikes (e.g., disasters and legislation). That change has never been more apparent with the Covid-19 pandemic, civil unrest, and driverless cars all presently having a significant impact on personal auto insurance.

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

Description: This report concerns optimal new business written premium mix at the firm and state levels under varying competitive conditions.

Description: This report focuses on analyzing and managing climate change and carbon risk in the equity investment portfolios of insurance company and pension fund assets.

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

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

Description: This report considers a hybrid portfolio that combines life and general insurance aspects.