IFoA Spring Conference 2022
A high level analysis of the practical considerations that are preventing the UK GI market from adopting machine learning (ML) techniques in reserving. This builds on the GI ML in Reserving Working Party’s previous survey of the UK market. It highlights the causes behind the lack of adoption of ML techniques in the UK market. Particular focus is given to: The time and resource constraints facing reserving actuaries……and the “Catch-22s” that develop as a result of these constraints.
- Available for IFoA members at the VLE site