Description: A look at the near future and far future of various elements of Actuarial Models as defined through ASOP 51. What is driving the complexity for inputs, calculations, and outputs. Howe will actuaries handle these challenge?

Description: The University of Wisconsin–Madison used its Centers of Actuarial Excellence grant to develop technology enhanced learning (TEL) tools that would be distributed publicly to supplement the actuarial education classroom experience.

Description: This article discusses new develpments in computer technology including artificial intelligence, use of stochastic models and use of quantum mechanics in building computers.

Description: Discusses using the tseries package in the R computer language for developing historical series of data.

Description: This article discusses gaining a competitive advantage by reducing new-business processing costs using point-of-sale technology.

Description: Python has become the fastest-growing major programming language in the world. It has surged in popularity over the last decade, following the development of its industry-leading capabilities in data science, machine learning and artificial intelligence, and it is now one of the most globally popular and widely used languages. In this article, I discuss some of the reasons for its popularity and explain why many actuaries and insurers have started using Python.

Description: LOMA has published two additional reports on EDP Software and Services. Reports Nos. 14 and 15 in this series were reviewed in The Actuary of September 1972

Description: A new wave of life insurance buyers is finally here - but are we ready? In this article, Richard De Sousa shares proprietary research about the Millenial generation, its beliefs related to life insurance, and its preferences when it comes to learning about, purchasing, and engaging with life insurance products, advisors and companies. Also explored is the foundational role that technology and wellness play in driving the kind of experience that will attract millenial buyers. After reading this article, you will better understand the characteristics of this new generation as well as the innovative companies that are targeting them, and learn about different and novel ways to better engage with customers and enhance the value of your own products and services.