Department of Mathematics Calendar

Back to Listing

The Department of Mathematics Calendar has moved to Webtools. Anyone may submit an event by clicking the "+" button (upper right). Note: the Sponsor field is required. Just type "n/a"

All events will be reviewed before acceptance. Please email Shelby Koehne if you have any questions about submitting an event.

Note: you may search past and future events by clicking on the magnifying glass icon on the main Calendar page.

For an archive of past events: https://math.illinois.edu/research/seminars-department-calendar

Actuarial Science and Financial Mathematics Seminar: Fairness and Discrimination in Actuarial Pricing

Event Type
Seminar/Symposium
Sponsor
n/a
Virtual
wifi event
Date
Mar 4, 2022   3:00 pm  
Speaker
Arthur Charpentier, UQAM
Contact
Frank Quan
E-Mail
zquan@illinois.edu
Views
11

Abstract: This talk will be based on two recent papers. In the first one "The Fairness of Machine Learning in Insurance: New Rags for an Old Man?" (co-author Laurence Barry), we present an overview of issues actuaries face when dealing with discrimination. Since the beginning of their history, insurers have been known to use data to classify and price risks. As such, they were confronted early on with the problem of fairness and discrimination associated with data. This issue is becoming increasingly important with access to more granular and behavioural data, and is evolving to reflect current technologies and societal concerns. By looking into earlier debates on discrimination, we show that some algorithmic biases are a renewed version of older ones, while others seem to reverse the previous order. Paradoxically, while the insurance practice has not deeply changed nor are most of these biases new, the machine learning era still deeply shakes the conception of insurance fairness. In the second one "A fair pricing model via adversarial learning" (co-authors Vincent Grari, Sylvain Lamprier and Marcin Detyniecki), we suggest a technique to construct a fair pricing model using maximal correlation based techniques and adversarial learning.

 

Meeting ID: 792 221 9559
Password: 043910

URL: https://illinois.zoom.us/j/7922219559?pwd=OFk4d0FwMWFNTnlIdXFJbytaN09Qdz09

(If there is a problem with the URL, please try to join the meeting with Meeting ID and Password.)

 

About: Arthur Charpentier, PhD, is professor at UQAM, Montreal, Canada, and Fellow of the French Institute of Actuaries. He is member of the editorial board of the ASTIN Bulletin, author of several research articles and editor of Computational Actuarial Science with R. He is also the former director of the Data Science for Actuaries program of the French Institute of Actuaries.

link for robots only