Overview
Join us at the 2025 Casualty Loss Reserve Seminar (CLRS) in Philadelphia, Pennsylvania, from September 8—10. Presented by the Casualty Actuarial Society and American Academy of Actuaries, this event unites more than 600 property and casualty actuaries and other risk management professionals to explore the latest reserving methodologies, financial reporting updates, and emerging trends in InsurTech, AI, social inflation, and more.
Our US Property and Casualty Actuarial team will lead panel and roundtable discussions on key topics — including casualty reinsurance market trends, the economic impact of workers' compensation losses, innovative machine learning applications in actuarial projections, and emerging adverse trends in liability lines.
Attendees can earn up to 18.1 Continuing Education credits at the seminar.
Learn more and register here to secure your spot at the event.
Sessions
September 9, 12:30 p.m.—1:20 p.m. EST
RT-10 — Current Trends In Casualty Reinsurance
Join us for lunch as we explore the current state of the casualty reinsurance market, covering key topics such as self-insurance and the impact of investor-funded litigation. This is a valuable opportunity to connect with fellow attendees for an engaging and insightful discussion.
Facilitator: Rajesh Sahasrabuddhe, FCAS, MAAA, FCIA, partner, Oliver Wyman
September 9, 1:30 p.m.—2:30 p.m. EST
HWM-1 — State Of The Workers Comp Line Report
Dive deep into the current dynamics shaping the workers’ compensation market. Through an analysis of frequency and severity trends, including shifts in motor vehicle accident claims and changing industry profiles, we explore the critical factors driving the industry today. Attendees will gain valuable insights into accident year (AY) and calendar year (CY) combined ratio results and how these metrics evolve over time.
This event will be live streamed.
Speakers: Sandra Kipust, FCAS, MAAA, senior practice leader and actuary, NCCI; Patrick Coate, PhD, senior economist, NCCI
Moderator: Abby Sternberg, FCAS, principal, Oliver Wyman
September 10, 8:00 a.m.—9:00 a.m. EST
HWM-4 — Economic Impacts On Workers Compensation
The rapidly-evolving workforce and economic landscape are top of mind for workers’ compensation stakeholders. This session provides an in-depth look at recent economic developments — including growth rates, inflation, employment, and interest rates — and their profound impact on workers’ compensation. Learn which trends warrant close attention and which have less strategic relevance. The session also highlights NCCI research on remote work and its impact on workers’ compensation claim frequency.
This event will be live streamed.
Speakers: Sandra Kipust, FCAS, MAAA, senior practice leader and actuary, NCCI; Patrick Coate, PhD, senior economist, NCCI
Moderator: Abby Sternberg, FCAS, principal, Oliver Wyman
September 10, 11:00 a.m.—12:00 p.m. EST
IAI-4 — Case Study: Actuary Versus Machine
Join us for a compelling comparative study where experts in machine learning and actuarial science independently analyze CAS industry reserve datasets to project ultimate costs. The session begins by comparing projections from traditional actuarial approaches with those generated through machine learning techniques. From there, the discussion dives deeper into the strengths and limitations of these methods, offering critical lessons on enhancing predictive accuracy.
This event will be live streamed.
Speakers: Carter Bridge, ACAS, consultant, Oliver Wyman; Jianghao Wang, lead AI specialist, Ameritas Life Insurance Corp.; Lahiru Somaratne, MS in Actuarial Science, lead AI specialist, Ameritas Life Insurance Corp.
Moderator: Chandrakant C. Patel, FCAS, senior actuary, AmTrust Financial
September 10, 1:00 p.m.—2:00 p.m. EST
HWM-5 — Liability Market Adverse Development
In this session, we explore adverse development trends within liability insurance lines. Through a detailed analysis of industry data and case studies from large, self-insured clients, this session offers insight into how inflation and adverse development have shaped industry results and challenged insurers across the board.
The conversation also highlights the ripple effects on smaller firms and individual companies, offering practical insights into managing risk in a changing environment. The session concludes with a forward-looking view on tort reform.
Speakers: Matthew Belter, FCAS, senior manager, Oliver Wyman; Brian Settle, FCAS, principal, Oliver Wyman
Moderator: Abby Sternberg, FCAS, principal, Oliver Wyman
Meet The Team
