Contingencies

The Economic Impact of Extreme Cyber Risks

By Martin Eling

From ransomware outbreaks to multisector IT failures, the framework outlined in the article estimates potential losses from extreme cyber events and shows why insurers, risk managers, and policymakers must act before these disruptions set off a chain reaction across the economy.

Designing Fairness in Insurance Pricing

By Fei Huang and Xi Xin

Artificial intelligence and big data can sharpen risk predictions—but they can also hide bias. Actuaries are developing models that make fairness measurable, actionable, and central to modern insurance.

Bringing Actuarial Expertise to Capitol Hill

During the Academy’s annual Capitol Hill Visits, volunteers meet with congressional and regulatory staff to share objective, nonpartisan analysis on pressing policy issues. Their input informs decisions, raises the profession’s profile, and deepens volunteers’ understanding of how their work shapes public outcomes.

IFRS 17—How Discounting Shapes Financial Outcomes

By Michael Winkler and Sunil Kansal

Find out how IFRS 17 discount rates determine present value and influence reported liabilities, as well as the practical challenges insurers face in deriving and applying them across markets.

Actuarial Job Seeker: Breaking Boundaries

By Barbara Bryant

How actuarial rigor, combined with technology, communication, and risk-taking, is opening doors to nontraditional careers.

Actuarial Job Seeker: The AI Effect—A Developing Story for Actuarial Careers

By Sally Ezra

Find out how artificial intelligence is reshaping roles, skills, and the very structure of the profession—and how actuaries can thrive in this evolving landscape.