Latest actuarial science News, Insights & Analysis

FinTech News

Akur8 and CAS advance actuarial science with groundbreaking lasso credibility monograph

November 4, 2024

The Casualty Actuarial Society (CAS) has recently published an insightful new monograph entitled "Penalized Regression and Lasso Credibility."

In recent times, there has been a rapid evolution of the actuarial field amidst surging data volumes and technological advancements. Actuaries now grapple with extracting insights from diverse data sources, necessitating the integration of AI and machine learning. Despite increased demand, a talent shortage has prompted insurers to explore alternative pathways such as data science. AKUR8 delves into all of this, and more, in their recent report.

Company News

Pricing teams in a changing world: evolving backgrounds and expectations

November 23, 2023

In recent times, there has been a rapid evolution of the actuarial field amidst surging data volumes and technological advancements. Actuaries now grapple with...

FinTech News

Elevating insurance pricing models: Akur8 introduces derivative lasso for actuarial precision

November 10, 2023

In the realm of actuarial science, Akur8 has made a significant stride with the release of their latest research paper titled "Derivative Lasso: Credibility-Based Signal Fitting for GLMs."