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

MINUTES OF THE 2005 ANNUAL MEETING 761After a refreshment break, the first General Session was heldfrom 10:30 a.m. to 12:00 p.m.:Our Credibility at Risk? Loss Reserves—Facts and PerceptionsModerator: Allan M. KaufmanActuary and ConsultantAMK ConsultingPanelists: Steve DreyerPractice LeaderNorth America Insurance Ratings,Standard & Poor’sMary D. MillerActuaryOhio Department of InsurancePatrica A. TeufelPrincipalKPMG LLPFollowing the general session, Roger Lowenstein was the featuredspeaker during a luncheon from 12:00 p.m. to 1:30 p.m.Lowenstein has authored several books including Buffett: TheMaking of an American Capitalist (1995), When Genius Failed:The Rise and Fall of Long-Term Capital Management (2000), andOrigins of the Crash (2004). He has also written for many otherpublications, including Smart Money, The Wall Street Journal, andThe New York Times.After the luncheon, the afternoon was devoted to concurrentsessions. The panel presentations covered the following topics:1. What’s Happening in the Reinsurance Market?Moderator: Richard A. LinoConsulting ActuaryPinnacle Actuarial Resources Inc.Panelists: Yves ProvencherSenior Vice PresidentWillis Re Inc.