Description: A description of the issue's contents.

Description: Discusses the use of a multi-tier Scalable Cloud Actuarial Infrastructure, SCAI, to meet capacity challenges for actuarial computing.

Description: This article explains how to create more maintainable models using abstractions by relating it to option, machine learning and machine intelligence models.

Description: Discusses preparations needed, and risks of not preparing, for the Year 2000.

Description: Insurance regulations are undergoing a paradigm shift in determining capital and reserves. With Solvency II in Europe and principle-based reserving in the United States, the old formula-based static approach is being replaced or supplemented by a principle-based dynamic method. This change requires enhanced modeling, stochastic simulation and sensitivity analysis, which pose challenges to insurers whose infrastructure has not been built for big computation. This paper introduces a method of building complicated models with small reusable modules and running them on a many-task computing platform to achieve high performance with simplicity. The paper presents an example of a term life insurance model built to take advantage of computer hardware for parallel computing at the task level.

Description: This article provides a list of insurance related Internet websites.

Description: Article from The Actuary, January 1972 – volume 6 - Issue 1 that discusses the potential of APL as a basic actuarial programming language, particularly the applications involving ACT. ACT is a notational language for use in a time-sharing environment and consists of a comprehensive set of macro functions defined in APL.

Description: The author notes: ‘as actuaries familiar with computers are thoroughly aware, the Halo notation the century-old life contingencies system we all learned as students has to be “linearized” strung out in a straight line for computer programming.’ This article describes a linearized notation that the author has used successfully for several years, for programming use only.