The Actuary December 2021

The November puzzles and the solutions are viewable in PDF format only.

Mr Piyush Majmudar (pictured, on left, with Tan Suee Chieh) passed away on 4 November 2021, just short of 90 years old. He qualified as a Fellow of the Institute of Actuaries in 1968 , becoming part of the early generation of actuaries in India.

Adeetya Tantia reflects on increasing concern around data privacy, and whether it may halt the predicted personalisation of insurance pricing

Mohammad Khan, Francisco Sebastian and Andrew Corner share the Ogden Discount Rate Working Party’s findings on a potential new rate, and whether the insurance sector is prepared for one

Servaas Houben and Ronald Ketellapper explore the challenges of financial supervision in small countries, looking in particular at Curaçao

The COP26 climate summit achieved more than some expected, but less than was required. Chris Seekings reports on the challenges and opportunities for the actuarial profession

Game theory is no basis for decision-making when it comes to normative issues such as vaccination, says Ronald Meester

Laurent Dupont shares the lessons of a recent TechSprint concerning the explainability of ‘black box’ models

Richard Hartigan discusses the possibility of an insurance policy without exclusions

Amiad Ben-Meir and David Zaray-Mizrahi set out the successes and failures of long-term care insurance in Israel, and the lessons learnt by the country’s insurance sector along the way