How do regulators incorporate catastrophe risk into their solvency review and incorporate catastrophe risk into their review of rating and underwriting? What views of risk and perils are considered and where do we stand on incorporating wildfire risk, specifically? How has this perspective changed over the past few years and what are some expected changes or considerations down the road regarding severe convective storms and flood perils? This session will address these questions and more, led by a Chief Actuary of a state insurance department.
In addition, there will be an opportunity to learn more about the credentials for catastrophe management professionals offered by the International Society of Catastrophe Managers and the CAS Institute, and how those credentials can help advance your career.
Learning Objectives:
Upon completion, participant will be able to understand the current status of CAT models and its implications in catastrophe risks management.
Understand how regulators incorporate catastrophe risk into their solvency review and incorporate catastrophe risk into their review of rating and underwriting.
Awareness of the benefits of credentials for catastrophe management professionals offered by the International Society of Catastrophe Managers and the CAS Institute.
