Construction of mortality tables has been a skill practiced by actuaries since the beginning of the profession. Major innovations in how these tables are built, however, have been uncommon. In this episode, Sylvain Goulet, FCIA, joins our host Ping-Teng Lin, FICA, to discuss a new research paper that uses a generalized additive model and a neural network model to rework the data that underlies...
Economic scenario generators can be a useful tool in modelling and forecasting, and can also be used to effectively reflect the risks associated with climate change. In this episode, economist Sohini Chowdhury joins us once again to explain how economic scenario generators can be used by insurance companies and pension plans, and what impact climate can have on these scenarios.
The CIA is guided by a set of principles. The first, in both order and importance, states: “In carrying out its activities and programs, the Institute holds the duty of the profession to the public above the needs of the profession and its members.” This has been an area of much discussion for members and stakeholders. What duty does the profession hold to the public? How do we define the notion...
The inter-related and combined influences of climate and cities – temperature, moisture, infrastructure, and ultimately people – on urban extreme weather events needs to be better understood. This is especially so as many cities adapt too slowly to keep pace with our changing climate.
Volunteers of the CIA and new Fellows were celebrated at a ceremony today, taking place alongside National Volunteer Week. The CIA Legacy Awards are held annually to commemorate the extraordinary work of the CIA’s volunteers, and they have expanded significantly since the first event in 2001.
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