Reputational Risk

Reputational Risk is a subject that should be of concern to all practicing actuaries. It not only affects you personally but reflects on your employer and the Casualty Actuarial Society itself. In this session we will start out by presenting guidance provided by the Office of the Comptroller of the Currency on Complex Structured Financial Transactions (CSFT). We will then introduce a brief case study on a reinsurance treaty with a commission that adjusts based on loss experience. Attendees will discuss questions, such as: Is the structure consistent with the CSFT guidance? What are the reserving actuary's responsibilities?

  • Date:Monday, September 13
  • Time:9:15 AM - 10:05 AM EDT
  • Session Type:Concurrent Lite
  • Session Code:CL-2
  • Learning Objective 1:Invite consideration of a reserving actuary's responsibility in respect of individual transactions.
  • Learning Objective 2:Learn about an application of financial supervision that is relevant to some insurance and reinsurance transactions.
  • Learning Objective 3:Understand Professionalism as applying broadly, i.e. beyond specific ASOPs.
  • Level of Knowledge:Level 1: No prior knowledge of the subject
  • Moderator:Josh Merck


Melissa Huenefeldt, ACAS
Lockton Companies
Todd Hess, FCAS
Swiss Re