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Description
PLEASE NOTE:
REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR
This
webinar analyzes multi-line insurance pricing in a real-world market using a
non-additive distortion pricing functional. It explains how margin is related
to the shape or distribution of underwriting risk and shows there is a single
way to allocate premium, loss, and margin to individual polices. Further, we
explain why there is a unique capital allocation consistent with the pricing
functional.
Default states are not the primary driver of the margin nor its allocation,
though they do have a meaningful impact.
Our methods produce returns that vary by line in a manner consistent actuarial
intuitions about risk. We illustrate the theory with several examples, showing
how the shape of risk drives different implied premiums.
The webinar will appeal to actuaries working in individual risk and reinsurance
pricing, where risk loads and the cost of capital can be material.
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Registration Information and Fees
PLEASE NOTE: REGISTRATION WILL CLOSE 10 AM ET THE DAY OF THE WEBINAR
| Registration Fees (in U.S. Dollars) |
Received on/by Sept 11, 2020 |
Received after Sept 11, 2020 |
| Individual | $50 | $75 |
|
Group*
(more than one person using the same internet connection) |
$250 | $300 |
|
Multiple
Connections**
(Unlimited internet connections for individuals working for the same company. Please note that audio for this presentation will be streamed via the web) New MC Subscription also available. |
$500 | $550 |
*Group Registrations will receive a code during the webinar with which they can use to count their attendance.
**Multiple Connection Registrations should contact Leanne Wieczorek directly at lwieczorek@casact.org. The registering party for the Multiple Connection Registration will be responsible for distributing all event details to attending individuals within their company.
Cancellations/Refunds
Registrations fees will be refunded for cancellations received in writing at the CAS Office via fax, 703-276-3108, or email, refund@casact.org , by Sept 17, 2020 less a $25 processing fee.
CAS Continuing Education Policy
The CAS Continuing Education Policy applies to all ACAS and FCAS members who provide Actuarial Services. Actuarial Services are defined in the CAS Code of Professional Conduct as “professional services provided to a Principal by an individual acting in the capacity of an actuary. Such services include the rendering of advice, recommendations, findings or opinions based upon actuarial considerations.” Members who are or could be subject to the continuing education requirements of a national actuarial organization can meet the requirements of the CAS Continuing Education Policy by satisfying the continuing education requirements established by a national actuarial organization recognized by the Policy. For further information regarding the CAS Continuing Education Policy please visit the CAS web site.
CAS Webinars may qualify for up to 1.8* CE Credits for CAS members. Participants should claim credit commensurate with the extent of their participation in the activity. CAS members earn 1 CE Credit per 50 minutes of educational session time, not to include breaks and/or lunch. *The amount of CE credit that can be earned for participating in this activity must be assessed by the individual attendee. It also may be different for individuals who are subject to the requirements of organizations other than the Casualty Actuarial Society.