Released in May 2020, this paper, jointly prepared by the CIA with the Society of Actuaries and the Casualty Actuarial Society, presents a new framework to analyze the potential cyber risks facing organizations. The report’s co-author Unal Tatar, and Fei Xie (FCIA), member of the project oversight group, join us for the discussion.
Released in late 2020, this research paper, prepared jointly with the Society of Actuaries, examines lapse and mortality experience on term insurance plans once they reach the end of the initial level premium period. Steve Schumacher, FSA, MAAA, one of the paper’s authors, joins us to discuss their findings and the implications for product pricing.
The five-year moving average of the Actuaries Climate Index (actuariesclimateindex.org) reached a new high for the tenth consecutive quarter, according to the latest data release that includes summer 2020. The five-year moving average now sits at 1.23 points above the reference period of 1961-1990.
Learn about the Real Time Delphi method for developing estimates of future economic variables.
Developing estimates of future economic variables is a core actuarial skill, which normally combines data analysis with professional judgment. A technique known as the Real Time Delphi method is another means by which to accomplish this, leveraging the judgment of experts to arrive at a consensus forecast. A recent joint study with the Society of Actuaries applied this process to four key...
Canadian Institute of Actuaries
360 Albert Street, Suite 1740
Ottawa, Ontario K1R 7X7
SeeingBeyondRisk@cia-ica.ca