2014 Centennial Celebration and Annual Meeting
History of Property/Casualty Actuarial Work -- Ratemaking (1914 - 2114)
Tuesday, November 11, 2014: 8:00 a.m.
West Ballroom Suite (New York Hilton Midtown)
This session provides a survey of where we've been, where we are, and where we're going. It opens with our panelists discussing the paramount issues of the first 100 years and how they evolved and the part the CAS pioneers played in developing solutions to these issues. Topics considered include the development of credibility theory, the application of Bayesian techniques, the use of loss distributions in actuarial analysis, and predictive modeling. The session will conclude with a discussion of long term emergent issues, including global warning, new technologies such as autonomous and flying automobiles, and the possibility of insurance becoming federally regulated.
Mavis A. Walters, Retired, none