Big data and risk classification: Understanding the actuarial and social issues is the CIA’s latest policy statement. In this episode of the podcast, Matt Buchalter, FCIA and Chris Cooney, FCIA speak about the need for this statement, the benefits that increased data collection can have on insurance ratemaking and society, how policyholder privacy is paramount, and how data collection is expected...
Episode 138: The use of predictive analytics in the P&C industry / Épisode 138 : L’utilisation de l’analytique prédictive dans le secteur des assurances IARD
One of the more interesting emerging areas in the actuarial world is predictive analytics, techniques of which include data modelling, machine learning, and artificial intelligence. But are we ready to embrace these forward-looking technologies? In this episode, Denise Cheung (FCIA), Megan Kang (ACIA), and Adam Goldfarb join us to discuss their research paper that examines the use of big data and...
Episode 137: Pride Month 2022 / Épisode 137 : Mois de la fierté 2022
June is Pride Month, and in recognition of this event, we are joined by CIA members Anne Soh, FCIA, ICD.D, and Uros Karadzic, FCIA, to talk about the significance of the month and what it means for the LGBTQ2SIA+ communities. We also discuss some of the initiatives the CIA has pursued through our Diversity, Equity, and Inclusion Advisory Group. (In English) Le mois de juin est le Mois de la...
Épisode 136 : Des méthodes alternatives pour la construction de tables de mortalité
La construction de tables de mortalité est une compétence pratiquée par les actuaires depuis le début de la profession. Par contre, rares sont les innovations majeures dans la manière dont ces tables sont construites. Dans cet épisode, Sylvain Goulet, FICA, se joint à Jean-François Lussier, FICA, pour discuter d’un nouveau document de recherche où un modèle additif généralisé et un modèle de...
Episode 135: Alternative mortality table construction methods
Construction of mortality tables has been a skill practiced by actuaries since the beginning of the profession. Major innovations in how these tables are built, however, have been uncommon. In this episode, Sylvain Goulet, FCIA, joins our host Ping-Teng Lin, FICA, to discuss a new research paper that uses a generalized additive model and a neural network model to rework the data that underlies...