– Vol. 10, No. 2 (June 2024)

ASSESSING RIDGE REGRESSION AND PLS REGRESSION: A THOROUGH EXAMINATION

Felipe Andrade · June 2024 · pp. 1-18

In the realm of statistical modeling, a longstanding debate has persisted regarding Ridge Regression (RR) and Partial Least Squares (PLS) as preferred methodologies. Statisticians argue in favor of RR, rooted...

A COMPREHENSIVE EXAMINATION OF THE REPRESENTATIVE SCENARIO METHOD

Elena Alvarez, Carlos Mendes · June 2024 · pp. 19-25

The U.S. insurance industry is undergoing a significant transformation, marked by a shift from formulabased reserving to principle-based reserving (PBR). American Academy of Actuaries working groups are actively developing and...