By Kurt J. Wrobel
We truly live in the information age. We have access to much more information than at any other time in human history—whether it takes the form of videos, pictures, emails, text, or just raw data.
By Kurt J. Wrobel
By Shiraz Jetha
Causes of prolonged periods of high unemployment can range from economic mismanagement—such as over-expansion of money supply—to broad-based underlying structural changes.
By Carlos Fuentes
“Winning or Losing the Game?” (Contingencies, July/August 2016) introduced certain basic ideas of game theory to analyze the economics of integrated health care systems.
Outer Space for All: In the new age of commercial spaceflight, risk will be an individual’s to bear
By Alyssa Oursler
Exactly 47 years after the Soviet Union sent Sputnik into orbit, the creatively named SpaceShipOne spacecraft became the first privately built vehicle to reach space.
Risk Is Not a Four-Letter Word: Shifting societal attitudes have changed how we contemplate this integral concept
By Hilary Salt
Discussions about risk are everywhere around us. As measurers and managers of risk, this should be good news for actuaries—more work for us, more opportunities in areas outside our traditional fields, and greater social recognition.
How to Survive – and Thrive – Amid Regulatory Change: A look at how companies can adapt to a shifting environment
By Linda Lankowski, Kevin Piotrowski, and Benjamin Slutsker
Regulatory change is not a new concept. In fact, some might argue Benjamin Franklin’s quote should have been “in this world nothing can be said to be certain, except death, taxes, and regulatory change.”
By Roy Goldman
It’s 1954 and air travel is quickly replacing rail travel. You are the chief actuary of the Insurance Company of North America [INA].
By Adam Benjamin
Perhaps the question is better phrased this way: What happens when intelligence and self-awareness are no longer traits that belong exclusively to the natural world?
The Future of the ACA: Why any reforms to the health care law need to take key provisions into account
By Neil Sandhoefner
Actuaries work with probability and statistics every day, and I’m willing to bet that even though we all know an exponential distribution like the backs of our hands, a good number of us were surprised by the outcome we saw on Nov. 8, 2016.
By Arnold Dicke and Leonard Mangini
Actuaries have several new responsibilities under principle-based reserving, and many resources to draw upon.