actuaries Archives - Carrier Management

Intelligent Automation in Loss Reserving: Why Actuaries Need Help From Robot Analysts

Among the many things that have changed how the actuarial field functions is an underlying movement to automate. By integrating cognitive computing capabilities into their actuarial processes, ...

Carrier Groups Ready Proposal for Federal Pandemic Loss Fund–Not PRIA

Property/casualty insurance industry carrier groups are working to develop a proposed federal program to replace revenues lost by businesses shut down during pandemics like COVID-19, but it won't be ...

Actuaries, Data Scientists at Odds: Novarica

With roughly one-in-three insurance companies expanding or piloting data science units in 2016, they may be facing an unanticipated problem—friction between their actuaries and data scientists, ...

Making the Economics of Telematics Work for Auto Insurers

The crossroads of auto insurance these days is telematics, the use of an electronic device to monitor how an automobile is being driven. The device monitors where a car is and how it is being driven, ...

Price Optimization: A Dangerous Method?

Last year, right around Halloween, I started noticing some odd goings on at the professional association for actuaries, the Casualty Actuarial Society (CAS). As a Fellow in the CAS, I was receiving ...

Actuaries Regain Best Job Title

Actuaries are back on the top of an annual ranking of best jobs, retaking the crown from software engineers, who held the title for two years running—and trouncing newspaper reporters who have the ...

CFO Attacks Industry Reserve-Cheating Theory

The chief financial officer of ACE Group challenged the popular theory that property/casualty insurers "cheat" on loss reserves as they work through market cycles during a presentation at an industry ...