The Canadian Institute of Actuaries (CIA) supports the federal government’s objective to ensure that all Canadians have access to affordable prescription drugs.
Canada’s actuaries support drug coverage for all Canadians by improving existing systems
An Alternate View of Future Mortality
A seemingly inexorable trend of mortality improvement has emerged over the past century. Declining rates of population mortality in the developed western world have been variously attributed to several causes.
CIA statement – Big data’s position in insurance ratemaking
Earlier this year, the Canadian Institute of Actuaries (CIA) issued a statement on the growing interest in using big data in insurance ratemaking.
Finding the balance: Personalization of risk and risk pooling
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.
Improving the Canadian insurance industry through big data
A new statement from the Canadian Institute of Actuaries (CIA), Big data and risk classification: Understanding the actuarial and social issues, says that using big data derived from new technologies can contribute to the healthy functioning of insurance markets.
