1、Antitrust NoticeThe Casualty Actuarial Society is committed to adhering strictly to the letter and spirit of the antitrust laws.Seminars conducted under the auspices of the CAS are designed solely to provide a forum for the expression of various points of view on topics described in the programs or

2、agendas for such meetings.Under no circumstances shall CAS seminars be used as a means for competing companies or firms to reach any understanding expressed or implied that restricts competition or in any way impairs the ability of members to exercise independent business judgment regarding matters

3、affecting competition.It is the responsibility of all seminar participants to be aware of antitrust regulations,to prevent any written or verbal discussions that appear to violate these laws,and to adhere in every respect to the CAS antitrust compliance policy.2023 Casualty Actuaries in ReinsuranceE

4、 X TREME E X TREME ACTUARIAL PRICING EDITIONACTUARIAL PRICING EDITION4THE COMPANY:Personal Lines Carrier 130m Projected Premium Steady LOB Mix Recent Growth in IL0m10m20m30m40m50m60m2008 2009 2010 2012 2014 2015 2016 2017 2018 2019 2020 2021 2022Gross Large LossesHurricaneWildfireWinter StormEarthqu

5、akeWind/HailCA38%VA28%MN29%IL5%Projected Premium By State777778829200222023Premium by LOBHOAuto PD5THE CHALLENGE:.Same Data.1 Structure$15 xs$15m1100%Retention$30 xs$30m1100%Annual Agg:$10m xs$5mOnOcc:$50m xs$20mRetentionAll ofAll of YouYou6THE ROBOTS:7THE AGENDAData Observatio

6、nsCome Back Together to DiscussLoss PicksCome Back Together to DiscussPricingCome Back Together to Discuss8DATA OBSERVATIONS9LOSS PICKSWhat Premium/Exposure Trend(s)would you pick and why?What Loss Trend would you use and why?What level of reliance on experience vs.model?Any other adjustments?10FINA

7、L PRICE PICKDoes the structure make sense?Would you suggest a different layer(s)?What does your“Bots”company consider from a risk management perspective?What price and what share?i.e.High/Low risk,Big Lines on Big Deals,Profit(CR)target,Rating agency constraints11FINAL PRICE PICKOcc L1PriceShareOcc L2PriceShareAggPriceShare