Terry Narine, FCIA, designs robust tool to capture ultimate extra deaths as a result of COVID-19.
The mathematical mechanism of biological aging
Western University researchers Bruce Jones, FCIA, and Xiaoming Liu discuss their paper which presents a model for both the aging process and mortality. Although the two are closely related, there has not yet been a mathematical model which connects aging to mortality. This paper, which proposes such a model, was funded by the CIA’s Research Council, through the Academic Research Grant Program.
COVID-19 and the oil shock: the case for a black swan event
By Terence Narine, FCIA The content of this article should not be construed as an actuarial opinion or guidance on actuarial work. I do not have experience in some of the practice areas mentioned in this article, so my comments are made from the perspective of someone outside these areas. A black swan event can be viewed like the 1-in-200-year flood that we risk managers agonize over; a rare...
COVID-19 Statistics and Analysis – Eckler and QED Actuaries and Consultants
This article originally appeared on the CIA COVID-19 Hub. Eckler and QED Actuaries and Consultants have developed a report that summarizes statistics on the COVID-19 pandemic. This report will be updated as frequently as daily, and the CIA will provide access to the latest version through the COVID-19 Hub under Links and Resources. Working with publicly available data, the...
A Claim Score for Dynamic Claim Counts Modelling
Jean-Philippe Boucher, Professor of Actuarial Science at the UQÀM Department of Mathematics, presents an overview of the research project, A Claim Score for Dynamic Claim Counts Modelling, of which he is co-author. Learn about claim scores in an auto insurance context, and how the bonus-malus approach compares to traditional approaches for establishing a merit-based pricing for the number of auto...
