Page 4 - General Features News Today

With the demise of defined benefit and the rise of defined contribution in pensions, Francisco Sebastian says it’s a rocky road ahead for UK finance

In the fierce competition of personal lines pricing, gradient boosting machines are increasingly the modelling method of choice, say Jacky Tam, Umar Burhanudin and Curtis Yuen

NHS England’s year-old Integrated Care Systems aim to make it more preventative, less reactive. Now, alongside the cry for more health professionals, there’s one for more actuaries – David McDwyer explains.

Host with the most – the cloud hosts the IT you want; it also offers a host of knock-on benefits. Aristides Zenonos describes the key choices, and the latest developments.

Brain-like neural networks are at the forefront of data modelling – but the results are like humans: no two are the same. Jack Harrington says initialisation is key to dealing with this problem of reproducibility.

When you’re dealing with data volumes on an insurers’ scale, what’s the best way to manage them? Yiannis Parizas and Phanis Ioannou serve up the newer NoSQL against the tried-and-tested SQL

She literally wrote the book on banks behaving badly. A decade on, it’s more relevant than ever. Now with a new edition on the presses, US academic Anat Admati tells Nico Aspinall why the industry continues to learn nothing from history

Juan Ignacio de Oyarbide and Federico Chiacchiarini explain how credibility theory can smooth geographical risk factors in pricing.

Universal Basic Income: back in favour around the world, as a potential way to address poverty and inequality. It’s not without its risks, though. Pedro Medford explains his research model for Barbados

With the UK’s FCA Consumer Duty newly in force, Mikołaj Skraburski and Dawid Kopczyk look at how actuaries can build pricing processes that carefully balance accuracy and transparency