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.Direct Written Premium by TypeHistoric
4、Levels of Capital Subsidize MPL Underwriting ResultsSource:ConningIndustry Overview Wide variation in limits purchased Tort Reform measures XPL Claims Occurrence vs Claims Made/Tail Organization size ranges Solo physician practice to consolidated healthcare systems ConsolidationConsolidation Physici
5、ans More than 100k physicians became employed 2019 2021 Groups of 50 or more increased to 17.2%nationwide(AMA)Increased risk tolerance More customized coverage Increasing buyer sophisticationInside Medical Liability,Q4,Strategies for Dealing with Healthcare Consolidation Emerging Issues in MPL Telem
6、edicine Clinical use of AI COVID-19 effects on loss development patterns Social inflation Economic inflationMPL Reinsurance9“In 50 years,I have never seen a market quite like this.The investor in whatever shape or size,whether it be private or public,have actually lost appetite in investing in the r