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TagPublic affairs

AI ethics and regulation in insurance: Actuaries uniquely positioned for success

With the increasing use of AI within both the private and public sectors, regulations and laws to address the appropriate collection and use of data are being proposed and passed within Canada and across the world. Beyond the expected regulatory burden that will face companies using AI, there is an ethical component as well. Insurers have historically built their business on the idea of “fair...

DC plans in the decumulation phase: an opportunity to be seized

More and more pension plan participants are entering the decumulation phase of their lives, with a significant proportion of their retirement assets in a DC plan or savings plan such as an RRSP. Is there a way they can continue to reap the benefits of pooling assets for this second phase of their financial life? Some DC plan sponsors are currently addressing the issue and considering adopting...

COVID-19 Modelling: The Story Behind the Headline

Despite our ability to adapt and science’s best efforts to keep up, unpredictable variables have made forecasting the pandemic’s future outcomes a challenge. To understand the COVID-19 pandemic in the face of uncertain factors, the CIA put together a Pandemic Modelling Project Team to analyze scenarios for Ontario where key assumptions are varied, and to present outcomes of the pandemic in the...

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Canadian Institute of Actuaries
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