
Methodology and Bias - Marcuson Inflation Survey: Q1 2024
We are delighted to launch this quarter’s survey, pulling together opinions on current inflation and its future outlook for the non-life insurance sector.
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Senior Actuarial Analyst
Jack is a student actuary who joined Marcuson Consulting Ltd in September 2021. He graduated from Durham University with a BSc Hons in Physics. Since starting at Marcuson Consulting Ltd, he has provided support in reserving for Part VII transfers, expert witness assignments and audits.
Insights

We are delighted to launch this quarter’s survey, pulling together opinions on current inflation and its future outlook for the non-life insurance sector.
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Having been underwhelmed by my first three forays into the application of AI to actuarial functions, all hopes were pinned on Google’s new offering. Google entered the arena later than its rivals, with “Bard AI”…
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My first two experiments with Bing AI had been somewhat of a failure. (See earlier posts Part 1 and Part 2.) In my third investigation, I thought it could be interesting and relevant to see if it could look at…
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In my last post on my profile, I explored BingAI and concluded it was a long way from being a useful tool for writing actuarial reports. In Part 2, I’ll be looking at how Chat GPT performs at writing code.
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“AI is transforming actuarial practice in many ways. Actuaries who embrace AI will be able to leverage its benefits while mitigating its risks. Actuaries who ignore or resist AI will risk becoming obsolete or…
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