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Recent Challenges in Actuarial Science
Annual Review of Statistics and Its Application, 2021For centuries, mathematicians and, later, statisticians, have found natural research and employment opportunities in the realm of insurance. By definition, insurance offers financial cover against unforeseen events that involve an important component of ...
P. Embrechts, M. Wüthrich
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Insurance companies have always been dependent on reliable projections and hence on data-driven decisions. As digitalization is progressing in almost every industry, insurance companies may benefit in particular, because they already possess valuable historical data.
M. Seehafer+6 more
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Rapid advances in Artificial Intelligence and Machine Learning are creating products and services with the potential not only to change the environment in which actuaries operate, but also to provide new opportunities within actuarial science. These advances are based on a modern approach to designing, fitting and applying neural networks, generally ...
Ronald Richman
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