2023 Australasian Actuarial Education and Research Symposium

Han Li and Zhan Wang

The University of Melbourne and Azuria Partners, Sydney

Alternative data usage in life and health insurance

This is an SOA funded research initiative aiming to establish a framework for evaluating the effectiveness of various alternative datasets for life and health insurance. The research adopts a collaborative approach and invites market participants to interviews to discuss considerations in applying the framework to actuarial practice. The research has identified a few real-world examples and we include them as case studies.