What is the role of mathematics in computational efficiency?
THE ROLE OF MATHEMATICS IN COMPUTATIONAL EFFICIENCY
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by Alexandre BOUMEZOUED
|Alexandre BOUMEZOUED is Principal, R&D Director at Milliman
Although actuaries have a longstanding relationship with stochastic simulations, insurance portfolio valuations and economic capital calculations are still viewed as a computational burden.
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. 36 – December 2023