2025.1 Actuarial Research Conference Proceedings

Distribution sponsored by The Education and Research Section of the Society of Actuaries.

This publication is provided for informational and educational purposes only. The Society of Actuaries makes no endorsement, representation or guarantee with regard to any content, and disclaims any liability in connection with the use or misuse of any information provided herein. This publication should not be construed as professional or financial advice. Statements of fact and opinions expressed herein are those of the individual authors and are not necessarily those of the Society of Actuaries.

© 2025 Society of Actuaries. All rights reserved.

Society of Actuaries
8770 W Bryn Mawr Ave, Suite 1000
Chicago, IL 60631

Editorial direction by:
Charles S. Fuhrer
The Segal Company
1920 'N' Street NW, Ste. 500
Washington, DC 20036

Arnold F. Shapiro
Pennsylvania State University
Smeal College of Business
359 Business Building
University Park, PA 16802

Editor's Comments | List of Participants | Program | Sponsors

Table of Contents

Application of Deep Reinforcement Learning in Asset Liability Management
T. Wekwete (Abstract) (Presentation)

Comparative Analysis of Recent Implementations of Gradient Boosting for Decision Trees in Insurance Applications
D. Chevalier (Presentation)

Model Misspecification and Data-Driven Model Ranking Approach for Insurance Loss and Claims Data
H. Keung, T. Ng (Abstract)

Pooling Functional Disability and Mortality in Long-Term Care Insurance and Care Annuities: A Matrix Approach for Multi-State Pools
A. Villegas (Abstract)

Q-credibility for Compound Losses Under Dependent Risk Profiles for Frequency and Severity
K. Tang, E. Cheung, J. Woo (Abstract)

The Role of Insurance in Climate Change Mitigation: An Assessment Using the Dynamic Integrated Climate-Economy (DICE) Model
E. Fang (Presentation)

Til’ Death Do Us Part: Widowhood, Loneliness, and Healthcare Utilization
T. Graziano (Abstract) (Presentation)