Description: This article gives you a different way to think about economics from a system science perspective and introduces concepts such as complexity, emergence, and interdependence. The concepts allow better conformity to the behavior of the markets and policyholder behavior.

Description: The article discusses the innovative integration of the SOA Research Challenge into the actuarial curriculum at the University of New South Wales (UNSW). This integration, part of the capstone course "Actuarial Theory and Practices," transforms the educational experience by focusing on hands-on problem-solving and mirroring professional actuarial work. Key topics covered include setting assumptions, understanding external environments, the modeling process, data quality, and risk management.

Description: A look at current AI usage and future use cases.

Description: Our previous article, “Introduction of Cashflow Matching Strategic Asset Allocation (SAA) Framework,” introduced the concept and included a real-world case study that developed a liability-driven investment strategy for a single line of business (LOB) for a life insurer. This article expands the framework and the case study from a single LOB to simultaneously optimize asset allocation across multiple LOBs. It discusses how this multi-line SAA framework can enable an insurance company to efficiently tag its asset holdings to each LOB, identify opportunities in the public and private asset markets to enhance risk-adjusted returns, and develop a deeper understanding of the trade-off between the degree of cashflow matching and risk-adjusted returns across LOBs.

Description: The world is facing a complex and rapidly evolving landscape of risks that threaten global stability and prosperity. From escalating geopolitical tensions and trade conflicts to the looming specter of economic downturns and disruptive technological change, a perfect storm of emerging risks is challenging governments, businesses, and individuals alike. As the interconnected nature of our globalized world amplifies the potential impact of these risks, it has become increasingly crucial for decision-makers to understand and proactively address the multifaceted challenges that lie ahead. This article will explore some of the key emerging risks and their implications, offering insights to help navigate these turbulent times.

Description: This article describes several uses of pension surplus assets and makes a case for maintaining and growing a surplus.

Description: A comprehensive webcast designed to bring together industry practitioners to discuss the current state of Model Risk Management (MRM) frameworks. This event will delve into the advancements in MRM, the challenges faced by professionals in the field, and emerging trends such as machine learning model validation that are set to shape the future of MRM. Engage with experts, share knowledge, and explore innovative solutions to enhance the effectiveness of your MRM framework.

Description: This video explains how cloud computing and APIs can help deploy AI solutions and their impact on the actuarial profession. It compares the old and new world of actuarial modelling using these technologies and discusses what actuaries should know about them. The video is presented by Arthur da Silva, FSA, MAAA the VP of Actuarial at Slope Software, a cloud-native actuarial platform.

Description: In this video Matt Emery, FSA, MAAA, CERA delves into advancing Value-Based arrangements between plans and providers to uplift healthcare services. These initiatives aim to cut costs, refine coding accuracy, bolster quality measures, streamline care coordination, and enrich member benefits. Success hinges on engaging members effectively, executing robust cost strategies, utilizing predictive models, targeting specific populations, structuring payment plans, and optimizing data exchange for superior healthcare outcomes and enduring partnerships. Contributors: Matt Emery FSA, MAAA, CERA; Mitchell Momanyi FSA, MAAA; Jon Forster ASA, MAAA

Description: This session is designed to inform you about the current state of mental health and mental health care in the United States, as well as future trajectories. By exploring topics such as plan design, provider network, provider reimbursement, and other relevant channels, this session aims to enlighten everyone on existing challenges and the strategies being employed to tackle them. Notably, this will include and highlight proposed changes to the mental health parity. Additionally, attendees will hear from a mental health provider/academic on these topics to gain a non-actuarial perspective.