Tag: actuarial science

The hybrid actuarial role reshaping insurance pricing

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...

Akur8 and CAS advance actuarial science with groundbreaking lasso credibility monograph

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

Pricing teams in a changing world: evolving backgrounds and expectations

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

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

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."
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