Description: This paper provides provide mathematically-founded insights for how climate change and water access will impact Californian agriculture in the coming decades.

Description: View information about the 2019.1 Actuarial Research Conference Proceedings.

Description: The Proof-of-Stake (PoS) consensus from blockchain technology has recently gained significant attention due to its advantages in energy efficiency, decentralize on, and scalability. While PoS validators stake to validate transactions and resolve disputes, the same mechanism has been introduced to decentralized insurance for risk and claim assessment purposes. Although stakers have a financial incentive to act honestly because they have staked their own funds as collateral, the existing pricing mechanisms in decentralized insurance networks do not adequately account for the underlying riskiness, resulting in consistent losses for the business. In this paper, we explore a new on-chain pricing model that takes both the market demand and staking capacity into consideration. While it mitigates the underpricing problem, the new mechanism relies solely on staking pool managers’ experti􀆟se to uncover riskiness and may cause unintended managerial behaviors related to capacity management and competition.

Description: This paper's objectives are to reduce the variation of life expectancy due to changes in the closing out method and give more homogeneous old age mortality surface for the Algerian population. The paper will also provide readers with a general methodology to extend mortality to old ages for the Algerian population starting from adult mortality data.

Description: This presentation focuses on IBNR in life settlements.

Description: This presentation provides evidence that a decline in interest rates in the negative interest rate environment produces a much more serious consequence on life insurers than that in the positive interest rate environment.