We intend to raise the awareness on how Data Science can be leveraged on in the context of insurance pricing and how to go from theory to practice, from scripting to deploying your model.
This…
This article shows how machine learning techniques can boost model performance in terms of prediction accuracy and flexibility. These benefits may come with some setbacks: loss of interpretability…
The Insurance Capital Standard (ICS) represents a crucial development in the global regulatory landscape for Internationally Active Insurance Groups (IAIGs), with the International Association of…
Dive into the world of actuarial modelling with FIS® Prophet, as this article explores the intricacies of this powerful tool. Uncover the key features propelling FIS ® Prophet’s popularity among…
Actuarial modelling plays a pivotal role in the decision-making processes of insurance and reinsurance companies, encompassing functions such as pricing, reserving, capital projections and…
The European Parliament and Council have reached their agreement on the amendments to the Solvency II Directive. The revised Directive will be passed to the member states to be adopted.
This article focuses on giving an overview of the Insurance Capital Standard (ICS), a capital framework which has been developed by International Association of Insurance Supervisors (“IAIS”).
The Bermuda Monetary Authority (BMA) is set to introduce major regulatory changes impacting Bermuda-based reinsurers. Recognized globally for its business-friendly environment, Bermuda is revising…
In July 2023, ACPR launched its second climate stress test which targets insurers. Focused on market risk and underwriting risk in various insurance lines, the exercise includes three long-term…
On the 25th June 2020, the International Accounting Standard Board (IASB) has published several amendments to IFRS 17. These amendments address many of the concerns raised by the industry and aim at…
