AAE Blogs

You should contact your intergalactic reinsurer!

25 June 2020

Esko Kivisaari
Immediate Past Chairperson AAE

 

The Covid-19 pandemic has caused widespread human suffering and huge economic damage. We are still not at the end of this affliction, and there is uncertainty as to when a vaccine will be widely available, and whether it will be in time to prevent a second wave.

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Do Ethics matter?

3 April 2020

José Mendinhos
AAE Board member

 

Traditionally – in the teaching of actuarial sciences and in actuarial associations – great emphasis is placed on technical aspects (which are indispensable), but not so much on ethical ones. More recently, aspects related to conduct have seen their importance grow. But do ethics matter?

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Commission White Paper on Artificial Intelligence

26 February 2020

Esko Kivisaari
Immediate Past Chairperson AAE

 

Some wise person has said that if a person would travel in time from the Middle Ages to the present, we would look like gods to them with our technology. This comes to mind when reading the Commission White Paper on Artificial Intelligence, published on 12 February.

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Actuview – European actuarial community at your fingertips

28 January 2020

Falco Valkenburg
Chairperson AAE

 

The three main Strategic Objectives of the AAE are clear guidelines for what we want to achieve as an association and also guides all other AAE activities, including the work we do within the committees and working groups, with our member associations and individual actuaries and our engagement with external stakeholders and partners.

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Why you should care about ethics in the use of data?

6 January 2020

Esko Kivisaari
Immediate Past Chairperson AAE

 

As European actuaries we are committed to the principles of our Code of Professional Conduct: integrity, competence and care, compliance, impartiality and communication. As an element of this “an actuary must not provide … information … that the actuary knows … is materially false or misleading, contains statements or information furnished recklessly or omits or obscures information required to be included and as a result is materially misleading”. Further on “an actuary must perform specific professional services only if the actuary is competent and appropriately experienced to do so…”. These are very demanding requirements generally, but perhaps even more so when we talk of novel data science and predictive analytics.

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