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.
Feature
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?
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.
By Jeff Reeves
Americans are inherently optimistic about how we shape our futures. And oftentimes, we are naively so. We say we will take care of our bodies, and often don’t.