CIA Co-sponsors Predictive Modelling Guide

Co-sponsorship from the CIA has resulted in a new book that will benefit the Actuarial Foundation of Canada and offer actuaries and others a refresher on the latest data mining techniques.

The CIA and Casualty Actuarial Society (CAS) sponsored the release of Predictive Modeling Applications in Actuarial Science: Volume One, the first in a two-part series published by Cambridge University Press. It is written for practising actuaries at all levels and looks at data mining and advanced statistical topics.

Glenn Meyers, a Fellow of the CAS and a co-editor of the book, said: "Businesses are fully embracing the benefits of predictive modelling, many of which are outlined in this set. As CAS members continue to deepen our collective expertise, we are poised to continue to play a leading role in the application of these cutting edge technologies moving forward."

Proceeds from sales of the book will go to the Actuarial Foundation of Canada and its U.S. counterpart, the Actuarial Foundation. It is available through Amazon and Cambridge University Press. Volume two is expected in the fall of 2015.

Canadian Institute of Actuaries/Institut canadien des actuaires