The impact of the European artificial intelligence act on actuaries: Between challenges and opportunities
by Clara Sikorski
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Clara SIKORSKI serves as the Global Data Privacy Director at Milliman | ||
The European Artificial Intelligence Act 2024/1689 (‘AI Act’) came into effect on August 1, 2024, with a phased implementation from 2025 to 2027. For actuaries, specialists in statistical analysis and risk modelling, this regulation introduces new obligations primarily concerning data governance, model fairness, and algorithmic transparency.
Disclaimer:
This article represents the opinion of the author, and not necessarily the opinion of the AAE.
This article was published in The European Actuary No. 41 – March 2025
