Actuarial Innovation & Technology Research Reports

2019

  • A Tour of AI Technologies in Time Series Prediction
    July
    In this report, we will try to provide an in-depth review of current Machine Learning and Deep Learning models and will explain how those models works and their possible applications in the actuarial field.
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  • Emerging Data Analytics Techniques with Actuarial Applications
    July
    The aim of this research is to survey emerging data analytics techniques and discuss their evolution and growing use in the actuarial profession. Data analytics’ applications in life and non-life insurance will also be provided.
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  • Cloud Computing and Machine Learning Uses in the Actuarial Profession
    July
    Actuarial modeling has gone through several distinct phases largely defined by the underlying technology platform. Today, cloud computing is again redefining the technology foundations of actuarial modeling and related processes.
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  • Behavioral Science Report
    June
    Situated at the intersection of psychology, neuroscience, sociology, and economics, behavioral economics (BE) centers on applying an honest understanding of human behavior to practical problems.
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  • Insurance Regulatory Issues in the United States
    May
    This research examines the intersection of U.S. insurance ratemaking and analytics techniques in advanced modern rating systems and associated regulatory considerations in the U.S.
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  • Technology In Microinsurance
    May
    This literature review provides insights on emerging technologies that interact with the actuarial profession within the space of microinsurance for the purpose of establishing a frame of reference for actuaries to use in their work.
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  • Cancer Genomics
    May

    The treatment of advanced cancer is undergoing a major paradigm shift. Traditional pillars of cancer treatment – surgery, radiation, and chemotherapy – are moving to two new efficacious approaches: tumor genomics and immunotherapy. This analysis report introduces SOA stakeholders to these brand-new areas, examines the growing clinical evidence, and sets initial projections for cost effectiveness.

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  • Big Data and the Future Actuary 
    April  
    The purpose of this report is to review the existing literature on how today’s unprecedented access to data is reshaping the capabilities of insurance actuaries. Topics covered in this report include the ways in which actuaries are using non-traditional data sources, how this is likely to evolve into the future, and how the typical roles, technologies, and skillsets of the future actuary will look different than they do today.
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  • Top Actuarial Technologies of 2019 
    April 
    This research study aims to understand the current and planned use of various technology types and tools and to highlight those technologies that are anticipated to grow the fastest among actuaries in 2019. It also explores the growing set of emerging technologies and discusses perspectives on the abilities of actuaries to adopt them.
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  • Machine-Learning Methods for Insurance Applications - A Survey 
    January  
      
    The Society of Actuaries is pleased to make available a research report that provides a literature survey of methodologies applying machine learning to insurance claim modeling.

2018

  • The Development Of WeChat Marketing 
    December  
    WeChat is gradually becoming the main force of insurance online marketing for insurance products in China. With the popularization of WeChat communication technology, more and more insurance companies have started to use the WeChat platform.
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  • Market Framework and Outlook for Automated Vehicle Systems 
    November 
    The surface transportation industry is in the early stages of a series of profound changes, stimulated by the development of increasingly sophisticated driving safety and automation technologies.
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  • The Impact Of Genetic Testing On Life Insurance Mortality 
    October 
    The Society of Actuaries (SOA) Reinsurance Section, Product Development Section and the Committee on Life Insurance Research, are pleased to make available new research exploring genetic testing and U.S. life insurance mortality.

2017