Raymond S. Nichols

Independent Consulting Actuary @Raymond Nichols, Consulting Actuary

West Hartford, CT, US

Developed an independent casualty actuarial consulting practice. This practice provides actuarial and management services to international, federal, state and municipal government agencies, insurance companies, managing general agents, reinsurance brokers, and other insurance organizations. Completed projects in reinsurance, medical malpractice insurance loss portfolio transfers, condominium association insurance rates, highly protected property risk insurance rates, workers’ compensation self-insurance programs, private passenger automobile insurance systems, insurance company loss reserves, general liability rates, company valuations, and other studies. Engaged as an expert witness in the U.S. Supreme Court case, Atlantic Mutual v. Commissioner. Completed international actuarial projects in Vietnam and Hong Kong. Recently engaged as an expert witness in a large international arbitration case in Switzerland concerning D&O liability claims. Engaged by regulators to help in risk-based financial examination of a Class XV insurer. Helped develop a national actuarial standard of practice, ASB 36: Statement of Actuarial Opinion Regarding Property/Casualty Loss and Loss Expense Reserves.