Uncertainty is a continuum that ranges from that which we are certain of at one end through to that which we are completely ignorant of at the other. This continuum may be divided into three broad categories: aleatory, epistemic and ontological uncertainty.
Humankind’s attitude to gold is bizarre. Chemically, it is uninteresting – it barely reacts with any other element. Yet, of all the 118 elements in the periodic table, gold is the one we humans have always tended to choose to use as currency. Why? Why not osmium or chromium, or helium, say – or maybe seaborgium?
Case Study: Read how we helped fast track a major South African Insurer with their IFRS 17 transition preparation for two of their main portfolios.
Called the “snail” by Italians and the “monkey tail” by the Dutch, it’s hard to remember (thanks to email addresses, Twitter handles and LinkedIn mentions) a time when the @ sign was just an obscure symbol on our keyboards. @ has even been inducted into the permanent collection of the Museum of Modern Art.
Pamela Hellig considers how actuaries can learn from the principles of bioethics in carrying out their fiduciary duties.
In the world of Artificial Intelligence (AI), why is it so challenging replicating common sense, intuition, judgement…all those mystical human abilities that we know are there but can’t quite define?
Pamela Hellig considers whether vaccination against COVID-19 and other diseases should be a rating factor for life insurance.