PROCEEDINGS May 15, 16, 17, 18, 2005 - Casualty Actuarial Society

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160 MINUTES OF THE 2005 SPRING MEETINGcipient is selected by the Trustees of the CAS Trust, based on therecommendation of the department chair at the University. Mr. Jinreceived $500 in scholarship funds.Mr. D’Arcy then introduced Robert Anker and Mary D. Miller,who spoke about the work of the Actuarial Foundation and theAmerican Academy of Actuaries’ Casualty Practice Council, respectively.After making a few announcements, Mr. D’Arcy concluded thebusiness session.Following a refreshment break, the first General Session washeld from 10:00 a.m. to 11:30 a.m.Actuarial Accountability—In a Changing WorldModerator/ Mary Frances MillerPanelist: Past President, Casualty Actuarial SocietyPanelists: Lauren BloomGeneral CounselAmerican Academy of ActuariesKaren TerryMemberActuarial Standards BoardFollowing a short break, keynote speaker Ron Pressman addressedthe meeting attendees during a luncheon held from 11:45a.m. to 1:15 p.m. Mr. Pressman is president and CEO of GE Insuranceand chairman, president, and CEO of GE Insurance Solutions,one of the world’s largest reinsurance and insurance organizations.After the luncheon, the afternoon was devoted to presentationsof concurrent sessions. The panel presentations from 1:30 p.m. to3:00 p.m. covered the following topics:1. Actuaries Embrace Operational RiskModerator/ Donald F. MangoPanelist: Director of Research and DevelopmentGE Insurance Solutions
MINUTES OF THE 2005 SPRING MEETING 161Panelist: Dr. Ali Samad-KhanPresidentOpRisk AdvisoryMark VerheyenVice PresidentCarvill America2. Aviation Pricing and ModelingModerator: Michael A. FalconeChief ActuaryGlobal AerospacePanelists: Matthew MaddocksUnderwriterACE Tempest Re, LondonKurt MaurederActuaryGE Insurance Solutions3. Discussion Draft on Reserving PrinciplesModerator/ Bertram A. HorowitzPanelist: ChairpersonTask Force on Reserving PrinciplesPresidentBertram Horowitz, Inc.Panelists: Aaron M. HalpertPrincipalKPMG LLPJon MichelsonOwnerExpert Actuarial Services LLCThomas A. RyanConsulting ActuaryMilliman Inc.Deborah M. RosenbergDeputy Chief Casualty ActuaryNew York State Insurance Department
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VOLUME XCII NUMBERS 176 and 177PROC
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FOREWORDActuarial science originate
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2005 PROCEEDINGSCONTENTS OF VOLUME
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2005 PROCEEDINGSCONTENTS OF VOLUME
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Editorial Committee, Proceedings Ed
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2 AN EXAMINATION OF THE INFLUENCE O
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10 AN EXAMINATION OF THE INFLUENCE
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AN EXAMINATION OF THE INFLUENCE OF
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RISKINESS LEVERAGE MODELSRODNEY KRE
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RISKINESS LEVERAGE MODELS 33There a
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RISKINESS LEVERAGE MODELS 35where f
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RISKINESS LEVERAGE MODELS 37where a
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RISKINESS LEVERAGE MODELS 39Various
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RISKINESS LEVERAGE MODELS 41Then, f
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RISKINESS LEVERAGE MODELS 43This fo
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RISKINESS LEVERAGE MODELS 47differe
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RISKINESS LEVERAGE MODELS 49The las
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RISKINESS LEVERAGE MODELS 51ple. Th
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RISKINESS LEVERAGE MODELS 53the TVA
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RISKINESS LEVERAGE MODELS 55We also
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RISKINESS LEVERAGE MODELS 57Mean Va
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RISKINESS LEVERAGE MODELS 59APPENDI
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DISCUSSION OF A PAPER PRESENTED AT
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RISKINESS LEVERAGE MODELS 63known t
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RISKINESS LEVERAGE MODELS 65to be a
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RISKINESS LEVERAGE MODELS 67implies
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RISKINESS LEVERAGE MODELS 69bad res
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RISKINESS LEVERAGE MODELS 71a maxim
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RISKINESS LEVERAGE MODELS 734. INTE
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RISKINESS LEVERAGE MODELS 75the two
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RISKINESS LEVERAGE MODELS 77that a
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RISKINESS LEVERAGE MODELS 79REFEREN
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RISKINESS LEVERAGE MODELS 81EXHIBIT
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RISKINESS LEVERAGE MODELS 83
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WHY LARGER RISKS HAVE SMALLER INSUR
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Page 187 and 188: Volume XCII, Part 2 No. 177PROCEEDI
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MODELING FINANCIAL SCENARIOS 237[30
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WHEN CAN ACCIDENT YEARS BE REGARDED
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THE APPLICATION OF FUNDAMENTAL VALU
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A NEW METHOD OF ESTIMATING LOSS RES
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ARCHITECTURE FOR RESIDENTIAL PROPER
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ESTIMATING THE WORKERS COMPENSATION
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INCORPORATION OF FIXED EXPENSESGEOF
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INCORPORATION OF FIXED EXPENSES 681
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DISCUSSION OF PAPER PUBLISHED INVOL
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APPLICATION OF THE OPTION MARKET PA
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THE “MODIFIED BORNHUETTER-FERGUSO
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ADDRESS TO NEW MEMBERS-NOVEMBER 14,
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ADDRESS TO NEW MEMBERS 743Now to an
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PRESIDENTIAL ADDRESS-NOVEMBER 14, 2
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PRESIDENTIAL ADDRESS 747use of thes
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PRESIDENTIAL ADDRESS 749just lookin
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PRESIDENTIAL ADDRESS 751The quantif
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PRESIDENTIAL ADDRESS 753me keep my
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MINUTES OF THE 2005 CAS ANNUAL MEET
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MINUTES OF THE 2005 ANNUAL MEETING
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REPORT OF THE VICE PRESIDENT—ADMI
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REPORT OF THE VICE PRESIDENT-ADMINI
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2005 EXAMINATIONS—SUCCESSFUL CAND
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OBITUARIESROBERT GRANT ESPIECLYDE H
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OBITUARIES 825SIDNEY M. HAMMER1931
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OBITUARIES 827J. GARY LaROSE1947—
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OBITUARIES 829PAUL J. SCHEEL SR.193
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OBITUARIES 831LEO M. STANKUSCirca 1
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INDEX TO VOLUME XCIIPage2005 EXAMIN
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835GRAVES, CLYDE H.INDEX—CONTINUE
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837INDEX—CONTINUEDREPORT OF THE V
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PROCEEDINGS May 15, 16, 17, 18, 2005 - Casualty Actuarial Society

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