Human Bias in Decision-Making: Lessons for Actuaries from Everyday Games
Actuarial work revolves around probabilistic judgment, modeling uncertainty, and estimating future outcomes using data. But even the sharpest statistical minds …
The Role of Social Media in Actuarial Research and Data Collection
Actuaries rely on vast amounts of data to assess risks, predict trends, and develop models that guide financial and insurance …
How Actuarial Science Is Adapting to Climate Change Risks
Climate change has shifted from a distant concern to a pressing financial reality. Actuarial science, traditionally focused on assessing and …
The Evolution of Actuarial Models: From Traditional to Machine Learning Approaches
Actuarial science has always relied on data to assess risk and predict outcomes. Over time, the methods used to develop …