Papers and Articles

This page contains links to various papers and articles prepared by Rade T. Musulin, ACAS, MAAA, CCRMP.



What's New

  • Video here. The second episode of the new Climate Risk Series of the IAA Life Section our moderator Jack Parrock is talking to Rade Musulin from Finity Consulting with a special focus on sustainability and regulation, May 2023.
  • Musulin, Rade and Can, Alp Climate Change Risk (and Opportunity) for the P&C Actuary, Actuarial Review, September 2023.
  • Updated Curriculum Vitae (bio; full version) updated as of July 2022.
  • Musulin, Rade Actuarial Evolution: Climate Risk is Our Next Frontier, Actuarial Review, April 2022.
  • International Actuarial Association and the Intergovernmental Panel on Climate Change, Climate Science: A Summary for Actuaries - What the IPCC Climate Change Report 2021 Means for the Actuarial Profession, International Actuarial Association, March, 2022. Note, Rade Musulin was a lead author on this paper.
  • Musulin, Rade (lead author); Dal Moro, Eric; Gutterman, Sam; Yong, Evelyn; and Zalk, Tracey, Climate-Related Scenarios Applied to Insurers and Other Financial Institutions, International Actuarial Association, August 2021.
  • Musulin, Rade, More Than Global Warming, The Actuary, March 2021.

  • Items on this page are Adobe Acrobat .pdf files. To view these you need the free Acrobat Reader.


    Curriculum Vitae

    Curriculum Vitae (bio; full version) updated as of July 2022.


    Television Clips

    Video here. The second episode of the new Climate Risk Series of the IAA Life Section our moderator Jack Parrock is talking to Rade Musulin from Finity Consulting with a special focus on sustainability and regulation, May 2023.

    Actuaries Institute Video, November 2014.

    A.M. Best TV Interview on "Grey Swan" Events, May 2014.

    MSNBC Interview Before Hurricane Frances, September 2005.


    Papers & Articles

    Musulin, Rade and Can, Alp Climate Change Risk (and Opportunity) for the P&C Actuary, Actuarial Review, September 2023.

    Musulin, Rade Actuarial Evolution: Climate Risk is Our Next Frontier Actuarial Review, April 2022.

    International Actuarial Association and the Intergovernmental Panel on Climate Change, Climate Science: A Summary for Actuaries - What the IPCC Climate Change Report 2021 Means for the Actuarial Profession, International Actuarial Association, March, 2022. Note, Rade Musulin was a lead author on this paper.

    Musulin, Rade (lead author); Dal Moro, Eric; Gutterman, Sam; Yong, Evelyn; and Zalk, Tracey, Climate-Related Scenarios Applied to Insurers and Other Financial Institutions, International Actuarial Association, August 2021.

    Musulin, Rade, More Than Global Warming, The Actuary, March 2021.

    McAneney, J., Sandercock, B., Crompton, R., Musulin, R., Pielke, Jr, R., Gissing, A., Normalised Australian Insurance Losses from Natural Disasters: 1966-2017, Enviornmental Hazards, April 2019.

    Weinkle, J., Landsea, C., Collins, D., Musulin, R., Klotzbach, P. J., and Pielke, Jr., R.,Normalized hurricane damage in the continental United States 1900–2017, Nature Sustainability, November 2018.

    Musulin, Rade ‘Laws of Nature’ and the Insurance Multiverse, Actuarial Update, September 2018.

    Musulin, Rade The Reality of Flood Insurance Repayment, Casualty Quarterly, Fall 2017.

    Musulin, Rade, and Nicholson, Jack, Extreme Measures: How the design of the Florida “Cat Fund” fairly and efficiently provides funding for catastrophic hurricane losses, The Actuary, June/July 2017.

    Musulin, Rade, Under Water: The U.S. National Flood Insurance Program Reauthorisation, Actuaries Digital, April 2017.

    Musulin, Rade, There Will Be Green In Green Consulting, International Association of Consulting Actuaries (IACA) Newsletter, February 2016.

    Musulin, Rade, Rising Tides Downunder, Actuaries Digital, January 2016.

    McAnneney, John; McAnneney, Delphine; Musulin, Rade; Walker, George; and Crompton, Ryan, Government-sponsored natural disaster insurance pools: A view from down-under, International Journal of Disaster Risk Reduction, December 2015. Please contact me at rmusulin@sprynet.com if you cannot get the paper from the Science Direct website.

    Musulin, Rade, Rising Tides or see Full Contingencies Magaine containing aticle, Contingncies Magazine, November/December 2015. This articlke examines the exposure of governments, particularly the United states, to very large unfunded liabilities for proteecting lives and properties from rising sea levels in coastal areas in cmming decades.

    Walker, George and Musulin, Rade T., The Development of a Formal Framework for Discussing Earthquake Resilience of the Built Enviornment, New Zealand Society for Earthquake Engineering, April 2015.

    Walker, George R.; Mason, Matthew S.; Crompton, Ryan P.; and Musulin, Rade T., Application of insurance modelling tools to climate change adaptation decision-making relating to the built environment, Structure and Infrastructure Engineering, March 2015.

    Musulin, Rade, Survival Skills, International Association of Consulting Actuaries (IACA) Newsletter, February 2015.

    Walker, George and Musulin, Rade T., Wind Resilience - What Do We Mean By It?, Australasian Wind Engineering Society, February 2015.

    Musulin, Rade T., Demographics, Development, and Disasters (Mandarin Version), Contingencies Magazine, September 2014.

    Musulin, Rade T., Demographics, Development, and Disasters, Contingencies Magazine, September 2014.

    Walker, George and Musulin, Rade T., Disaster Risk Reduction and the Earthquake Code – A Disconnect, Australian Journal of Structural Engineering, March 2014.

    McAneney, J.; Crompton, R.; McAneney, D.; Musulin, R.; Walker, G.; Pielke, R., Market-based Mechanisms for Climate Change Adaptation, National Climate Change Adaption Research Facility (Australia), September 2013.

    Musulin, Rade T., Climate change adaptation and the insurance system, Asia Insurance Review, June 2013.

    Winspear, N.; Musulin, R.; Sharma, M., Earthquake catastrophe models in disaster response planning, risk mitigation, and financing in developing countries in Asia, Geological Society of London Special Publications, 2012.

    Musulin, R., Sounding Off on Soundness, Actuarial Update, American Academy of Actuaries, May 2012.

    Musulin, Rade T., Understanding CAT risk in captives, Asia Insurance Review, July 2011.

    Walker, G. and Musulin, R., Incentives for Mitigation - Who pays, Who benefits?, New Zealand Society of Earthquake Engineering, March 2010.

    Musulin, Rade T., Dealing with the Axis of Financial Destruction: Demographics, Destruction, and Disasters, Proceedings of the Aon Benfield Hazards Conference, September 2009.

    Musulin, Rade T., Actuarial (R)evolution, Actuary Australia, Actuaries Institute, April 2008.

    Musulin, Rade T., International Activity Beckons Actuaries Abroad - Australia, Actuarial Update, American Academy of Actuaries, March 2008.

    Pielke, R.; Gratz, J.; Landsea, C.; Collins, D.; Saunders, M.; and Musulin, R., Normalized Hurricane Damage in the United States: 1900–2005, Natural Hazards Review (American Society of Civil Engineers), February 2008.

    Musulin, Rade T., Insurance Downunder, Florida Trend Magazine, November 2006.

    Musulin, R., Do Advanced Catastrophe Models Pull the Plug on Risk Pools?, Actuarial Update, American Academy of Actuaries, September 2006.

    Musulin, Rade T., Actuarial Soundness" and Public Insurance Entities, Actuarial Update, American Academy of Actuaries, January 2006.

    Musulin, Rade T., Extreme Weather: Bad Luck or New Norm?, Actuarial Update, American Academy of Actuaries, October 2005.

    Musulin, Rade T., Technology Alters Loss Forecasting, Actuarial Update, American Academy of Actuaries, August 2005.

    Musulin, Rade T. and Rollins, John W., Frequency Matters, Best Review Magazine, January 2005.

    Musulin, Rade T. and Grawe, George Regulatory Improvement for Florida Consumers: A Proposal to Benefit Consumers and Bring More Capacity to the Market, Submission to the Florida Office of Insurance Regulation, March 2004.

    Musulin, Rade T., Terrorism Coverage: Economic Security Is Important, Too, Florida Underwriter, February 2003. Discusses issues surrounding the Federal Terrorism Risk Insurance Act.

    Musulin, Rade T., Let's Give Credit Where Credit is Due, National Underwriter, August 2002.

    Musulin, Rade T., Terrorism Cover: An Axis of Uncertainty, National Underwriter, March 2002.

    Musulin, Rade T., Sound Bites and Fuzzy Math, Contingencies Magazine, American Academy of Actuaries, November 2001.

    Musulin, Rade T., Courting Natural Disaster, Actuarial Update, American Academy of Actuaries, September 2001.

    Musulin, Rade T. and Rollins, John W., Optimizing a Multi-Season Catastrophe Program With Public and Private Components, Casualty Actuarial Society Forum, Summer 2001. The paper was selected as one of two winners of the Reinsurance Call Paper Prize.

    Musulin, Rade T., Would a Federal Role in Disaster Protection be a Catastrophe?, Contingencies Magazine, American Academy of Actuaries, November 2000.

    Pielke Jr.; Roger A.; Landsea, Christopher W.; Musulin, Rade T.; and Downton, Mary, Evaluation of Catastrophe Models Using a Normalized Historical Record: Why it is needed and how to do it, Journal of Insurance Regulation, Winter 1999.

    Musulin, Rade T., Taming the Big Cats, Best's Review Magazine, March 1999.

    Musulin, Rade T., Can Our Children Afford Affordable Property Insurance?, Emphasis Magazine, Tillinghast-Towers Perrin, Summer 1997, pp. 2-6.

    Musulin, Rade T., Issues in the Regulatory Acceptance of Computer Modeling for Property Insurance Ratemaking, Journal of Insurance Regulation, Spring 1997, pp. 342-359. This paper won the Spencer Kimball Award for the best paper of 1997 in the JIR. The NAIC President Pomeroy presented the award at the NAIC Summer Meeting in Boston, June, 1998. NAIC Article and Photo of Presentation.

    Musulin, Rade T., Review of “Measuring and Managing Catastrophe Risk”, Journal of Actuarial Practice, Summer 1996.