Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 The panel discussion covered: · The basic concepts underlying fuzzy logic · Current applications to risk classification and pricing · Possible future uses of fuzzy logic · The basic concepts underlying neural networks · Current applications of neural networks in life insurance · Possible future uses of neural networks

Description: This 1981 session focused on Recent Trends in Computer Technology including: i. What is the new hardware? 2. What opportunities are offered by the new hardware? a Administrative/service-oriented possibilities I Totality of information storage 2 Paperless administration/elimination of hard copy records 3 Effect on user 4 Different/flexible structure of information 5 On-line processing concurrent with data processing b Product-oriented possibilities i Universal life 2 Flexible premium annuities 3 Adjustable life 4 Retired lives reserve 5 Bank annuities 6 Variable life/annuities From Record of Society of Actuaries, Vol. 7, No. 3.