Description: Although rate structures where low-cost cohorts subsidize high cost cohorts may be justified from a actuarial, marketing, or legal standpoint, the subsidization creates risks which must be understood and monitored. This article presents the concept of subsidization signature to measure and interpret the effects of rate subsidization, and to assess the sustainability of rating structures and the sensitivity of business mix assumptions.

Description: This article contains a brief synopsis and review of a book called APL The Language and Its Actuarial Applications which is an introduction to APL. Article from The Actuary, Volume 24, Issue 2

Description: This paper is a proof of a conjecture that appeared in a letter to the Editor of The Actuary. From the Actuarial Research Clearing House 1991 Vol.

Description: The author offers tips for e-mail etiquette.

Description: The predictive analytics application growth in the Asia-Pacific region has been gaining momentum.

Description: Editor’s Corner Technology Improves Our Lives

Description: A review of the Johns Hopkins Data Science Specialization courses with special emphasis on how they may be useful to actuaries.

Description: Up until recent past, the artificial intelligence portion of data science was looked upon cautiously due to its history of booms and flops . In the latest stream of events, major improvements have taken place in this field and now deep learning, the new leading front for Artificial Intelligence, presents a promising prospect for overcoming problems of big data.

Description: This article goes through some basic data exploration techniques to show how different approaches look.

Description: A summary of a survey the Society of Actuaries recently conducted of health payer and provider executives to glean insights into predictive analytics trends.