Howard Zail from Elucidor and Nefissa Sator from Forsides Actuary recently delivered a joint presentation to the Actuarial Society of New York on  “Solvency II and Predictive Analytics in LTC and Beyond:  How U.S. companies can improve Enterprise Risk Management (ERM) by using Advanced techniques developed for Solvency II and emerging predictive analytics methods”.  The presentation was …

Predictive Analytics Presentation on ERM to the Actuarial Society of New York Read More »

Here are some recent articles about data science that are worth reading: On Data Science education: Data Science should not be taught in business schools White House To Universities: We Need More Data Scientists Around the industry: IBM to open up Watson to third party developers Research Methods: How Science goes Wrong

Something interesting happened in the lead up to the presidential election.  Most of the mainstream media outlets were predicting a statistical dead heat between Obama and Romney, and only towards the end did some in the media start reporting that Obama had a razor thin margin. However, this so-called statistical tie was at odds with …

Bayesian Analytics and the Presidential Election Read More »

The attached opinion piece by Robert Samuelson in the Washington Post references an article by David H. Autor of MIT.  The article describes some of the problems of Social Security’s Disability Program and the failure of past reforms, and reviews three different proposals that attempt to mitigate the problems.