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Estimating Probability of a Cyber-Security Breach
Information technology is the engine that drives the U.S. economy, giving it a competitive advantage in global ... ) ( / ) ( ) ( / ) P B P A BP B A P B P A B P U P A U = + (1) where ( )P B is overall prior probability ...- Authors: Society of Actuaries, Arkady Shemyakin, Meghan Anthony, Maria Ishmael, Erik William Santa, Natalie Vandeweghe, Gary Stanull
- Date: Dec 2016
- Competency: Strategic Insight and Integration
- Publication Name: Risk Management
- Topics: Enterprise Risk Management; Health & Disability>Health information technology; Modeling & Statistical Methods>Bayesian methods; Predictive Analytics; Technology & Applications>Analytics and informatics
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Is Predictive Modeling the Answer?
Is Predictive Modeling the Answer? Important tools used in property & casualty P&C ... model policyholder behavior risks in variable annuity VA contracts. In this article, a case study is ...- Authors: David Weinsier, Guillaume Briere-Giroux
- Date: Aug 2011
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Risk Management
- Topics: Annuities>Variable annuities; Predictive Analytics
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Proactively Managing Life Insurance Risks
situation for life (mortality) and health products, it does pose a challenge for annuity (longevity) products ... products. Using payout annuity as an example, if the real- time tracking and data analytics tells an ...- Authors: Feng Sun, Amy Tran
- Date: Aug 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Effective decision-making; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Risk Management
- Topics: Enterprise Risk Management; Experience Studies & Data>Mortality; Life Insurance>Product development - Life Insurance; Predictive Analytics
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Modern Bayesian Statistics for Actuaries
distributions rather than point estimates of the posterior's mean or mode. We are often interested in the distribution ... regression, but as complex as modeling a product’s complete feature set explicitly. Simpler mental model ...- Authors: Alec Loudenback
- Date: Oct 2023
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: Risk Management
- Topics: Enterprise Risk Management; Predictive Analytics
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Statistiques bayésiennes modernes pour les actuaires
convient de surveiller des diagnostics uniques pour s’assurer que l’échantillonnage a posteriori a fonctionné ... point de vue pratique, l’approche bayésienne tend à s’aligner davantage sur notre façon intuitive de raisonner ...
- Authors: Alec Loudenback
- Date: Oct 2023
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: Risk Management
- Topics: Enterprise Risk Management; Predictive Analytics
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The Perils and Prospects of Predictive Analytics
The Perils and Prospects of Predictive Analytics Many life and health insurers are beginning ... that may have predictive power with respect to mortality. These new data resources might include credit ...- Authors: Mark W Griffin
- Date: Dec 2018
- Publication Name: Risk Management
- Topics: Predictive Analytics