2024 The discriminating pricing actuary

The discriminating pricing actuary

Author: phjb

August undefined, 2024

WebErrata for Defining Discrimination in Insurance (September 23, 2024) Do you have feedback on the Race and Insurance Pricing Research Series or an idea for additional topics for research on this issue? The CAS research committees are interested in your input to potential research projects. WebOne of the more controversial recommendations in the NAIC’s Price Optimization White Paper is found in paragraph 48 which discusses unfairly discriminatory insurance rating practices that “adjust the current or actuarially indicated rates or premiums, whether included or not included in the insurer’s rating

Multidisciplinary collaboration on discrimination – not just “Nice …

WebThe Discriminating (Pricing) Actuary Video : Chris Dolman: Fei Huang, Edward (Jed) Frees: 1:30pm-2:30pm: Virtual Networking for those interested in international networking: 3:00pm-4:00pm: Concurrent: Claims Management and what Actuaries should know Presentation Video: Colin Yellowlees: Alisha Jones FIAA, Jacqui Goldfinch, Matt Battersby: WEEK 2 WebHugh Miller summarises the key takeaways from the cross-practice Concurrent session ‘The Discriminating (Pricing) Actuary’ at the 2024 All-Actuaries Virtual Summit. Insurance has … tendencias 2023 marketing

Presentations and Recordings Actuaries Institute

WebAug 25, 2024 · Abstract This is online supplement provides and extended abstract, a description of regulation by jurisdiction, several appendices, and an annotated bibliography. Keywords: Actuarial fairness; disparate impact; proxy discrimination; unisex classification; credit-based insurance scores; price optimization; genetic testing; big data; COVID-19 WebThe Discriminating (Pricing) Actuary Edward W. Frees 1, Fei Huang 2 Abstract: The insurance industry is built on risk classification, grouping insureds into homogeneous classes. Through actions such as underwriting, pricing, and so forth, it differentiates, or discriminates, among insureds. WebApr 9, 2024 · Volume 27, issue 1, 2024 Society of Actuaries and North American Actuarial Journal Announce New Editor pp. 1-1 The Editors The Discriminating (Pricing) Actuary pp. 2-24 Edward W. (Jed) Frees and Fei Huang Risk-Seeking Behavior and Its Implications for the Optimal Decision Making of Annuity Insurers pp. 25-46 Cuixia Chen, Yijia Lin and Ming … tendencias 2019 marketing digital

Insurance pricing: the proxy problem The Actuary

The discriminating pricing actuary

Research Paper Series on Race and Insurance Pricing

WebAug 6, 2024 · The Discriminating (Pricing) Actuary 1. INTRODUCTION. Discrimination is a topic that touches on the daily lives of almost every person. The word... 2. SOCIAL JUSTICE CONSIDERATIONS. What Is Actuarial Fairness? To understand what is unfair … WebJun 24, 2024 · Actuarial pricing refers to the process that actuaries use to determine the most effective price to set an insurance premium. Actuarial pricing involves assessing the potential risk of insuring clients and finding the price ranges that can accept this risk while still generating a profit.

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WebThe Discriminating (Pricing) Actuary EdwardW.(Jed)Frees UniversityofWisconsin-Madison,AustralianNationalUniversity FeiHuang UniversityofNewSouthWales … WebJul 27, 2024 · Nonrisk price discrimination has been common in personal lines insurance for at least 15 years in Europe, and more recently in the United States. It therefore seems …

WebAug 25, 2024 · Keywords: Actuarial fairness; disparate impact; proxy discrimination; unisex classification; credit-based insurance scores; price optimization; genetic testing; big data; … WebApr 8, 2024 · Actuarial Analyst, Actuarial Pricing in Bachelors, Full Time, Finance - General, Insurance with Morgan McKinley. Apply Today. Job Summary Singapore Contract BBBH841289 Mar 08, 2024 Competitive Job Description Morgan McKinley is working in partnership with a leading bank cu...

WebApr 14, 2024 · Actuarial Release 23-014 - Actuarial Information Available. As of April 14, 2024 the following information is now available on the FTP site: 2024 Actuarial Data Master for the 6/30 Filing Date, YTD, and Daily Files. 2024 Actuarial Data Master for the 6/30, 9/30, 11/30 Filing Date, YTD, and Daily Files. WebA selection of references 8 Sources I used to put this workshop together: • Mehrabi et al. (2024),A survey on bias and fairness in machine learning, ACM Computing Surveys • Caton & Haas (2024),Fairness in machine learning: a survey • E. Frees & F. Huang (2024),The discriminating (pricing) actuary, North American Actuarial Journal • M. Lindholm, R. …

WebThe Casualty Actuarial Society is committed to diversity, equity and inclusion in all aspects of actuarial work and has produced four CAS Research Papers to help guide the insurance …

WebThe Discriminating (Pricing) Actuary Edward W. Frees 1, Fei Huang 2 Abstract: The insurance industry is built on risk classification, grouping insureds into homogeneous … tendencias 2022 marketing digitalWebMar 15, 2024 · Methods for Quantifying Discriminatory Effects on Protected Classes in Insurance Approaches to Address Racial Bias in Financial Services: Lessons for the Insurance Industry. Was this article... tendencias del marketing digitalWebMay 26, 2024 · Roosevelt Mosley, FCAS, CSPA, a principal and consulting actuary at Pinnacle Actuarial Resources, outlined several possible ways to examine price discrimination. 1. Do nothing. This had been a standard industry response for decades but is not one anymore. tendencia otakuWebTo cite this article: R. Guy Thomas (2024): Discussion on “The Discriminating (Pricing) Actuary,” by Edward W. (Jed) Frees and Fei Huang, North American Actuarial Journal, DOI: 10.1080 ... tendencias del marketing digital 2021WebJan 30, 2024 · My review of “The Discriminating (Pricing) Actuary”, a paper by Edward. W. Frees and Fei Huang in 2024. ... Varying Levels of Discrimination. With no rules, actuaries are free to discriminate all they like. However laws and policies are often passed that can reduce certain discrimination, or even eliminate them entirely. ... tendências de marketing digitalWebApr 5, 2024 · The Casualty Actuarial Society (CAS) published two new reports March 31 to examine methods to identify and measure racial bias when pricing products like auto and … tendencias del marketing digital 2022 pdfWeb(1) The Discriminating (Pricing) Actuary (with Edward (Jed) Frees), NAAJ, 2024 (with Xi Xin), NAAJ, 2024 (This paper won the inaugural Carol Dolan Actuaries Summit Prize Socio … tendencias de marketing 2020