Description: The Drake Risk and Insurance Workshop on Catastrophe Risk took place virtually on February 19, 2021, hosted by the School of Actuarial Science & Risk Management in the College of Business and Public Administration at Drake University. The purpose of this article is to share with the actuarial science community some experience in organizing this event amidst the COVID-19 pandemic.

Description: An introductory article describing how Bayesian statistics has evolved over the past 20 years and why it offers the actuarial discipline powerful tools to better understand and manage risk. Compared with traditional (frequentist) and black-box (machine learning) approaches, Bayesian analysis provides explainable models focused on distributions of estimates instad of simply point estimates.

Description: This article discusses the publication of the “Encyclopedia of Quantitative Risk Assessment”

Description: The Regulation and Taxation (Hong Kong version) e-Course gives you an overview of the regulatory environment of life and annuity insurance in Hong Kong, U.S. and Canada, with a special emphasis on how it impacts actuaries. You'll learn which government agencies regulate insurance and annuity products and why.

Description: The SOA has recognized the actuarial programs at Purdue University, West Lafayette, IN, and Robert Morris University, Moon Township, PA, as University-Earned Credit (UEC) Centers of Actuarial Excellence (CAE).

Description: Society of Actuaries Names New Recipients of James C. Hickman Scholars Program

Description: Expect to cover key points from the Living to 100 conference around living and social environments for the elderly. Following the review will be a discussion about implications related to LTCI plans and policies around living environments. It will conclude with a peak behind the curtain for pricing for CCRCs.

Description: We're introducing a new “cutting edge” wealth accumulation predictive framework, the predictive equity analytics (PEA) for life products (annuity, insurance, group employer benefits, retirement plan). PEA enables life insurers and policyholders to avoid market downturns and capture returns from equities (stocks, ETFs and mutual funds) predicted to increase in next one to three trade days via fund prediction advisory by insurers, additionally by individual policyholders. The capability does not exist in insurance markets nor in financial intermediary markets.