Dave Heppen and Bob Miccolis of Deloitte Consulting LLP win 2011 Hachemeister Award |
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The CAS Hachemeister Prize Committee has awarded the 2011 Charles A. Hachemeister Prize to Robert S. Miccolis and David E. Heppen, both of Deloitte Consulting LLP, for their paper, “A Practical Approach to Risk Margins in the Measurement of Insurance Liabilities for Property and Casualty (General Insurance) under Developing International Financial Reporting Standards.” The Hachemeister Prize Committee narrowed the papers down to one winner out of a pool of more than 70 eligible papers. The main criteria are significant potential impact on the practice of the North American property/casualty actuaries as well as practicality of application. Secondary criteria include originality, readability and completeness. The winning paper presented the authors’ views on practical approaches to consider in calculating risk margins in the measurement of insurance liabilities for property and casualty (also referred to as general insurance or non-life) insurance |
Dave Heppen |
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contracts. In particular, the paper focuses on the use of an approach to estimate risk margins that:
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Bob Miccolis |
2011 Hachemeister Award Paper
(2249.72 KB)
