The Travelling Salesman Problem (TSP) asks: “Given a list of cities and the distances between each pair of cities, what is the shortest possible route that visits each city and returns to the origin city?” This seemingly simple question is important in operations research and theoretical computer science.
The necessity of strong actuarial leadership to the success of transformation projects is well established. Once the leaders are on board, what can they do to get buy-in from their teams?
You may associate Pythagoras with right-angled triangles, but have you heard the rumour that he was also, you know, a megalomaniacal murderer?
History has shown us that the key objectives of corporate transformation projects are very often not met (a fact to which many studies attest), but are there factors present in actuarial teams specifically that can make or break actuarial transformation projects?
Our client had selected a software provider for their IFRS 17 solution. MBE was able to reduce the total estimated spend from R40 m to R7 m.
There may not be a gold standard for beauty, but there may be a banknote standard for beauty, which is set by the judges of the prestigious International Bank Note Society (IBNS) Bank Note of the Year award. Uganda, Kazakhstan, Trinidad and Tobago and New Zealand have all won the award in recent years. But […]
Andries Beukes explores the reasons why transformation projects often fail in actuarial teams – and what we can do to give them the best chance of succeeding.