Category Archives: Risk Management
Challenges to the Actuarial Profession in 2014
It has been quite a year for our profession. This year is even more promising as we turn 100 years old. CAS President, Wayne Fisher, mentioned in the January Actuarial Review that we are in an environment of change, so, there must be a vast amount of interesting things going on right now that maybe only … Read more
Using R for Actuarial Work
In March 2013, the Comprehensive R Archive Network (CRAN) released a major new version of R, the free software programming language and environment for statistical computing and graphics. R 3.0.0 takes better advantage of 64-bit memory and allows data structures that exceed two billion records! R is useful for a number of tasks. Replicates most … Read more
Threats to the Actuarial Profession
The CAS Risk Management Committee (RMC) is charged with: looking at known risks that affect the actuarial profession and the CAS, and making recommendations to the CAS Board as to which are important and what can be done about them. While the RMC’s focus has been on known risks, as practicing professional actuaries we also … Read more