This working party will conduct a systematic review of AI applications in actuarial science, leaning towards practitioner's perspective. The aim of this study would be to investigate whether the pricing/reserving/capital (actuarially driven departments in insurance companies) could improve their output through the use of AI-based tools and why. Both cases, where AI does not bring satisfiable results that would justify disruption and the converse should be examined, yielding a clear view of the direction of the actuarial profession. 

Chair: Karol Gawłowski 

Established: 2023

Published Content:

• The Actuary article: Gladiators, ready! Pricing models fight it out