Description: Actuaries have a long history with stochastic modeling. Nested stochastic modeling is often used when the modeling components under each economic scenario are themselves determined by stochastic scenarios in the future. In this paper three methods have been suggested that can be added on top of existing enhancement methods to improve NSM efficiency.

Description: The purpose of this report is to examine, from an actuarial perspective, how well current evaluation techniques serve the needs of key decision-makers, such as payers, providers and consumers, and to provide guidance on how to apply the various techniques during the decision-making process. This evaluation will be based on two assessments prepared by the sponsor of this research, the Peterson Health Technology Institute (PHTI), a nonprofit initiative that provides independent evaluations of innovative digital health technologies to improve health and lower costs. Using evidence-based research, PHTI analyzes not only the clinical benefits of a new technology and its potential financial impact, but also the impact on equity, privacy and security.

Description: This is a collection of essays on this topic published by the Society of Actuaries Research Institute in 2024 which discusses the risks emerging from artificial intelligence (AI) widespread use, including short-term risks like privacy erosion and economic disruption, as well as long-term risks like existential threats and biased decision-making.

Description: The report is a framework for digital asset risks with insurance applications authored by Zhengming Li, Jianxi Su, Maochao Xu, and Jimmy Yuen. It discusses the growth and risks of digital assets, focusing on cyber risks and the development of insurance products to manage those risks.

Description: This report discusses the use of federated learning in the insurance industry and explores the benefits and challenges of this approach.

Description: Bias Awareness in Model Governance

Description: This primer paper seeks to introduce and update the actuarial profession to the topic of insurance policies and genetics and study the impacts on insurance and potential responses.

Description: This is a research paper titled "Searching for Simplicity: Using Behavioral Science to make Life Insurance Product Information Simple and Effective" published by the Society of Actuaries Research Institute in August 2024. It explores improving customer comprehension of life insurance products using behavioral science.

Description: On August 29, 2022, the SOA Research Institute assembled an industry expert panel to discuss current issues in actuarial technology. This was the third time such a panel was assembled, and most panelists had participated in the previous discussions.

Description: This report explores how artificial intelligence can be applied to investment and retirement planning, highlighting real-world applications, risks, and recommendations.