Many times, in programming, we need our programs to execute a particular part of code depending upon certain conditions. This is called conditional execution. The function is mostly performed using If, Ifelse and Elif in python.
The article focusses on using the skills you have gained so far or on learning new skills like Excel, Python, R, Data Visualisation and applying these skills to projects to become tomorrow’s Actuary.
To learn from a Python course, consider enrolling in an online class from websites like edX, Udemy, and Udacity. The courses are available starting from just $7.
The one of the best GitHub repo we found on coronavirus is data from John Hopkins University CSSE. Use the provided link to set up your own analysis on COVID-19
Python is an open-source, high-level programming language created by Guido Van Rossum and first released in 1991. Python is rapidly becoming the go-to language due to ease of writing and …
In every programming language there are many different variables are required to store data that you will be used within a program and those variables are assigned with a type …
United states has 2 Actuarial societies namely:1. Casualty Actuarial Society (CAS)2. soa” 15967 target=”_blank”>soa" 15967 target="_blank">Society of Actuaries (SOA) Key distinction between CAS AND SOA While this article is meant to explain …
Contents of Introduction to R In this Introduction to R, we are going to introduct you to the below components. We are going to cover basic understanding of What is R, …
CM1 is one of the most basic and important paper and is widely applicable in real life. It is a combination of CT1 & CT5 and now also includes excel …
6 Strategies for Overcoming Failures in Actuarial Science
As the new curriculum 2019 has been released, there are major debates over the changes in the structure of both the Actuarial Societies (IFOA vs IAI). There were many students …
Actuarial Failure. Can you tell me one successful person, who got successful without facing failure in life? If everyone fails, will that be considered as failure or step in learning. …
The first question occur to mind what is granualarity and how is it that important for a General Insurance business? Breaking down Granularity Granularity is subdivision. If the business is …
This is a short summary explaining Industry Loss Warranties (ILWs). ILW is explained in detailed in Actuarial SP7 subject (formerly ST7). Definition of ILW Industry loss warranties (ILWs) are a type of reinsurance contract where the basis of cover is not indemnity, i.e. repayment of actual losses suffered. Protection is based on the total loss arising from an event to the entire insurance industry rather than individual insured company’s own losses. Trigger Event for ILWs The original size of the industry loss is used as a trigger for eligibility to a recovery. …