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.

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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. 36 – December 2023