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

Description: This digest of special presentation by the Committee on New Recording Means and Computing Devices reviews progress in technology and describes the approach to an electronic operating system for Ordinary insurance. This discussion highlights and describes Punch Card Computer operation and Magnetic Tape computers.

Description: Actuarial systems access and change controls are hot topics these days as modeling continues to increase in complexity and as new modeling regulations may begin to crest over the horizon. Many companies are currently in the process of either formalizing their actuarial system access and change control protocols, or are reevaluating and strengthening their existing control processes in response to identified deficiencies or in conjunction with new actuarial system implementations. With these undertakings in mind, this article discusses a number of valuable components commonly incorporated in formal systems access and change control protocols. Also discussed are leading practices identified in the SOA publication “Actuarial Modeling Controls: A Survey of Actuarial Modeling Controls in the Context of a Model-Based Valuation Framework (December 2012)”, and from the Institute and Faculty of Actuaries.

Description: This article describes how to model variable annuities using a GPU along with some of the stumbling blocks.

Description: APL is both a unique form of mathematical notation and a programming language. As a notation it has intrinsic appeal and gives rise to many elegant and ingenious definitions of mathematical concepts. As a programming Language, or system, it also provides the user with instant evaluation of these concepts. The combination is extremely powerful, and some interesting applications may be demonstrated with respect to annuities.

Description: This paper documents the R language and its applications.

Description: This paper is a sequel to Shapiro et. al. in that it discusses a similar role for CAI in topics specific to the text Actuarial Mathematics, by Bowers et. al 1986. The topics covered are the previous topics of actuarial notation, basic concepts, and what-if analysis, along with some new ideas for the presentation of stochastic models.

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

Description: Panelists present a basic overview of the internet and its potential uses. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: The purpose of this paper was to describe some of the actuarial aspects of one company's electronic system and to discuss the underlying analyses and comparison of alternatives that led to the selection of particular electronic procedures to solve certain actuarial problems. Followed by several discussion papers submitted