
At the risk of this being an annual event, I am once again trying to make a connection between actuarial science and baseball.
By Mayur Shah, FCIA For life insurance and reinsurance companies, mortality tables are foundational in the pricing and valuation of products. Actuaries have historically relied on traditional methods to build these tables, using data points such as gender, smoking status, age and duration. However, as data science techniques have advanced, there is a significant opportunity to re-imagine the task...