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Recent articles

A look at the job market for Canadian actuaries

As the profession emerges from COVID-19, working arrangements have entered a new paradigm, and this change in the status quo has implications for both employers and job seekers within the industry. Additionally, other factors – such as IFRS 17 and competition from data science – have impacts of their own. In this episode, Adrian Czernick joins us to talk about the current state of affairs...

Finding the balance: Personalization of risk and risk pooling

Blake Hill, FCIA, member of the CIA Single Topic Task Force on Risk Classification

The latest buzz phrase in the insurance industry is “embedded insurance,” which presents an opportunity to seamlessly offer protection in real time given a proactive approach to risk management. Underpinning embedded insurance is the ability to personalize insurance. This requires that customers understand the necessity of sharing more data with their insurance providers.

Actuarial evidence with a twist

About 10 years ago I received a call from a lawyer looking for help in determining the expected number of members in a class action. It was a historical action dating back to the 1940s. My mandate was to determine the number of Indigenous children who attended one of several schools from the 1940s to the 1990s. That number, then, was to be split between surviving and deceased students as of 2010...

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Canadian Institute of Actuaries
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