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...

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...