The language of uncertainty permeates our lives. Whether a starting athlete is listed as questionable to play in the weekend game, or snow is likely i…
The Actuary’s “Terminology” series, developed in collaboration with the SOA Research Institute’s Catastrophe and Climate Research Steering Committee,…
Why is modeling policyholder behavior so damn hard, and what can we do about it? A bit of background on why I’m asking this. I recently had the privil…