Casualty Actuarial Society


Actuarial Review

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VOL 44, NO 2- MARCH-APRIL 2017

Published by the Casualty Actuarial Society

Inside this Issue

Predictive Prudence
By Annmaries Geddes Baribeau
Annmarie Geddes Baribeau wraps up her three part series on predictive analytics, this time focusing on the opportunities to fine-tune model applications and insurance operations.

Bayesian Dragons: A Cautionary Note
By John A. Major
This is the story of how I discovered moment-busting monsters lurking in the unexplored regions of Bayesian predictive distributions. Don't get me wrong. I'm a believer. I used to be a skeptic, but recently I saw the light. Bayesian methods, and Markov Chain Monte Carlo (MCMC) technology in particular, now have a special place in my toolbox.

President's Message: Education in a World of Constant Change
By Nancy Braithwaite
At this stage of my tenure, I can wholeheartedly declare that my presidential theme for the year is constant change. Since writing my last column, The CAS Institute announced its first credential, the Certified Specialist in Predictive Analytics (CSPA).

Editor's Note: Something for Everyone
By Grover Edie
A number of our members move into nonactuarial roles, including directing business units and heading up underwriting divisions.

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