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CIPR to Host Special Session on Casualty Catastrophe Risk
Join NAIC 2021 Summer National Meeting participants for The NAIC Center for Insurance Policy and Research (CIPR) two-hour special session titled “Casualty Catastrophe Risk in the Time of Social Inflation: Landscape, Modeling and Action” The special session takes place Tuesday, August 17, 2021, from 8:30 a.m. – 10:30 a.m. Eastern Time, and is open to virtual and in person meeting participants. For those attending in person, you may participate from the Union Station Ballroom located in the Columbus, OH Convention Center.
Special Session Overview
The Bank of England’s Prudential Regulation Authority recently found that insurance firms under their purview had less mature exposure management frameworks for casualty lines compared to property, urging firms to address this casualty risk assessment gap. The special session will provide an overview of the casualty emerging risk landscape, followed by insights from leading vendors on how to address this risk landscape utilizing catastrophe models. The event will conclude with a panel discussion amongst modelers, industry, and NAIC regulators on taking action regarding casualty emerging risk from a U.S. regulatory perspective.
Robert Reville, CEO and Co-Founder, Praedicat
Melissa Boudreau, SVP, Modeling, Praedicat
Robin Wilkinson, SVP and Managing Director, Casualty Analytics
David Brooks, SVP, Chief Risk Officer -Americas, AXA XL
Justin Schrader, Chief Financial Examiner, Nebraska Department of Insurance
Elizabeth Kelleher Dwyer, Superintendent of Insurance, Rhode Island Division of Insurance
Jeff Czajkowski, CIPR Director, CIPR
About the National Association of Insurance Commissioners
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the NAIC, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally.