CAS Dynamic Risk Modeling Handbook

The CAS Committee on Dynamic Risk Modeling has established a Working Party that is working on updating and completing the Dynamic Risk Modeling Handbook at www.casact.org/research/drm/.  The purpose of this handbook is to discuss and provide guidance on the important...

Open Source Loss Simulation Model

Last year the Casualty Actuarial Society’s Loss Simulation Model Working Party (LSMWP) , via the Dynamic Risk Modeling Committee, engaged a consulting firm to develop an open source simulation model of the processes of loss emergence and settlement, commonly...