What do risk managers see as the major risks confronting us in a not so far future? The 15th annual survey of emerging risks – sponsored by the CIA, Society of Actuaries, and Casualty Actuarial Society – provides insight into that question. Max Rudolph, FSA and author of the survey report, joins us to highlight the survey’s key findings.
Climate, Cyber and Financial Volatility Lead List of Emerging Risks
R vs. Python vs. EVERYTHING
Actuaries are travelling deeper into the fields of data science and machine learning, where open-source software is widely used. Two of the most popular open-source programming languages used by actuaries are R and Python. The topic of R vs. Python is already hotly debated by many professionals in the field of data science, and still discussed at length in many opinion- and fact-based articles...
AI ethics and regulation in insurance: Actuaries uniquely positioned for success
With the increasing use of AI within both the private and public sectors, regulations and laws to address the appropriate collection and use of data are being proposed and passed within Canada and across the world. Beyond the expected regulatory burden that will face companies using AI, there is an ethical component as well. Insurers have historically built their business on the idea of “fair...