Description: On November 30, 2021, the SOA Research Institute assembled an industry expert panel to discuss current issues in actuarial technology. Each participant who volunteered to be part of the discussion was selected because of their management-level responsibilities for the application of technology in an actuarial context. The group was diverse in terms of employment, including company actuaries from life, health, and property/casualty backgrounds, as well as consultants from various kinds of firms. This document summarizes the discussion that occurred during the three-hour meeting. To encourage candor during the discussion, participants were assured that this report would not attribute comments to individuals or companies, so no names appear in the body of the report. The names of those who participated are included at the end of the report.

Description: The popular press plays an important role in public perception regarding automated vehicles. In contrast to the excitement generated two to three years ago, we are now in a period of “reverse hype” with most articles focused on the slow pace of development and concerns regarding possible negative impacts on traffic congestion and growth of suburbs. To help describe current trends and highlight differences between the cars we see on the street today and driverless vehicles, this report relies on three market-related definitions; safe, self-driving and driverless.

Description: This paper shows at a relatively low cost, computer assisted instructional techniques can materially improve both classroom instruction and independent study. This discussion is limited to the material used in a Penn State mathematics of finance course. From Actuarial Research Clearing House 1993, VOL. 1.

Description: This is a general discussion reviewing the adaptation of machines and procedures for small companies utilizing the punch card method. The discussion also explores the topic of a waiver for premium disability in all policies and if current term premiums make fair provision for their share of overhead expenses. From Transactions of Society of Actuaries 1951, Vol. 3, No. 6.

Description: On August 29, 2022, the SOA Research Institute assembled an industry expert panel to discuss current issues in actuarial technology. This was the third time such a panel was assembled, and most panelists had participated in the previous discussions. Each participant volunteering for being part of the discussion was selected because of their management-level responsibilities for the application of technology in an actuarial context. The group was diverse in terms of employment, including company actuaries from life, health, and property/casualty backgrounds, as well as consultants from various kinds of firms. This panel included participants from outside the U.S. as well.

Description: The Society of Actuaries (SOA) Research Institute released an updated report summarizing current issues regarding actuarial technology. In March 2022, for a second time, the SOA Research Institute gathered a panel of insurance industry experts for an update on current actuarial technology topics to help identify directions for future research efforts. This report summarizes their discussions on the Actuarial operating model, technology risk and open-source software.

Description: A brief overview of recent AIT research papers in summarized format.

Description: This discussion is about the specific applications of computers and the greatest effect in reducing cost of operation. From Transaction of Society of Actuaries 1961 Vol. 13 pt. 2

Description: This was a call for papers on the subject of 'Computers: The State of the Art and Its Implications for The Actuarial Profession,' for presentation at The 16th Actuarial Research Conference be held at University of Manitoba, Winnipeg, August 27-29, 1981. From ACTUARIAL RESEARCH CLEARING HOUSE 1980 VOL. 2.

Description: 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.