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The Future of Risk Management ADOPTING ARTIFICIAL INTELLIGENCE IN FINANCIAL SERVICES: A RISK MANAGEMENT PERSPECTIVE A DISCUSSION OVER DINNER HOSTED BY VALERIE DU PREEZ (DUPRO ADVISORY & ACTUARTECH) AND ISAAC ALFON (CRESCENDO ADVISORS)   It was a beautiful Autumn’s day and we were joined by experts across the insurance...
Our actuarial forefathers made a breakthrough discovery. By studying data, they recognised patterns and determined that the past could be used to predict the future. Today, actuarial modelling is based on a similar concept. Introducing Actuarial Tables In the 14th Century, the Great plague was believed to have wiped...
Introduction An insurance company receives premiums, manages reserves and pays out claims. Traditionally actuaries have been using the claim data to assist them with calculations of premiums and reserves and to perform actual versus expected claims comparisons. Today we are also seeing how actuaries are playing a more prominent...