- IFRS 17: Where to from here?
By Andrew Kay, Eamon Comerford | 29 May 2019
This presentation, given at the Society of Actuaries in Ireland’s annual convention (24th May 2019), includes updates on the latest developments including recent amendments to the IFRS 17 Standard and timeline.
- Good practices in the application of predictive analytics
By Eamonn Phelan, Eileen S. Burns | 28 May 2019
This presentation given at the Society of Actuaries in Ireland’s Annual convention (24th May 2019) provides insight into current activity amongst life insurers in Ireland and leading practices in predictive analytics and data science from a US perspective.
- Predictive analytics: Validating the black box
By Eibhlín O’Kane, Eoin O Baoighill | 28 May 2019
“Reveal hidden patterns in your data” and “Transform your data into meaningful insights” are phrases we often hear when it comes to predictive modelling.
- Milliman Data Science Survey
By Eamonn Phelan, Karl Murray, Gillian Tucker, Eamon Comerford | 20 March 2019
Life and health insurers and reinsurers are taking a growing interest in data science.
- Using predictive modeling to forecast large workers’ compensation costs: A case study
By Michael Paczolt | 04 March 2019
Nodal™, Milliman’s web-based predictive modeling and decision-support system, accurately identified 95% of high-cost claims for the Intergovernmental Risk Management Agency before they happened, reducing costs by over 15%.
- Industry body part coding is wrong - Part 1: Multiple body parts
By Michael Paczolt, William Torres | 11 February 2019
Multiple body part claims can be translated into specific combinations of body parts by extracting data from unstructured data using text mining algorithms.
- Insurers, spreadsheets and model risk
By Stuart Reynolds, William Smith, Jennifer Strickland | 05 February 2019
Milliman surveyed 183 actuaries and insurance professionals from over 70 different companies to discover how spreadsheets are used by life insurers and reinsurers to identify potential improvements to this tool.
- IFRS 17: Latest developments
By Andrew Kay, William C. Hines, Eamon Comerford, Amritpal Khangura | 14 November 2018
Andrew Kay, William Hines, Eamon Comerford and Amritpal Khangura discuss the latest developments regarding IFRS 17.
- Disruption without distortion: How to seamlessly integrate insurtech initiatives into the loss reserving process
By Thomas A. Ryan | 13 November 2018
How can insurers better manage the potential disruptive impact of insurtech initiatives?
- What could private flood insurance look like in New Jersey and New York?
By Nancy P. Watkins, John W. Rollins | 24 July 2018
Milliman recently collaborated with Risk Management Solutions, Inc. to model a potential private flood insurance market in New Jersey and New York.