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Category Archives: data
When Data Cannot Do Insurance
Here is David Brooks on what Data can’t do: Data struggles with the social. Your brain is pretty bad at math (quick, what’s the square root of 437), but it’s excellent at social cognition. People are really good at mirroring each other’s … Continue reading
Posted in data, insurance
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Will Google Write Catastrophe Insurance?
Catastrophe insurance is the sexy part of my industry: lots of data and “analytics” and in tune with the information age. It’s also alternated between the most and least profitable line of business in the business. Here’s what you need … Continue reading
Posted in data, entrepreneurship, insurance
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THUMP [PG's head into the sand]
There’s this old joke that I really like: One night a police officer sees an economist looking around a park bench near a light. “What happened?” asks the police officer. “I lost my keys but I’m having a really hard … Continue reading
Posted in data, economics, entrepreneurship
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Big Data To Cure Cancer? Matter of Time
I almost can’t believe this is happening. Incredibly exciting. Get used to these kinds of projects. In 2007, Ian Clements was given a year to live. He was diagnosed with terminal metastatic bladder cancer. Ian began charting, quantifying, and recording as much of his life … Continue reading
Posted in data, science
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Links on Data
CalculatedRisk rounds up some links on how data collection can come under political fire, which is, of course, terrifying. He also tells this story: The Depression led to an effort to enhance and expand data collection on employment, and I was … Continue reading
Posted in data, economics
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The Next Revolution Approaches
Bold headline, non? Well, have a rummage through these links and you tell me if this is a big deal. First the economist gives us a story about patenting and medicine (may be gated). The bottom line here is that natural … Continue reading
Posted in data, economics, science
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Science (?) And My Insurance BS Test
Richard Feynman defines science as the study of nature and engineering as the study of things we make. I like that logic and it makes the idea of an insurance company hiring a Chief Science Officer faintly ridiculous. Science today … Continue reading
Posted in data, economics, insurance, insurance business strategy
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When Borrowing Dominates
David Merkel has another thought-provoking post. I like when people put real data up. Here is his chart: So the stock market is being driven by inflation expectations. Hm… Let me put on my Monday Morning QB hat and think … Continue reading
Posted in data, economics
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Higgs and Stats
Every time there is some science news, I always hold my breath until SWAB comments. And on this issue Ethan Siegel does not disappoint. I highly recommend reading him if you’re interested in great science writing. Anyway, I’ve been pretty … Continue reading
Posted in data, math
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Monte Carlo Simulation Implemented ENTIRELY in Excel (no VBA macros)
When I moved to NY from our Toronto office I was a bit hamstrung by needing to log into a remote server to use the stochastic software we tend to run our simulations with. Not that it didn’t work, but … Continue reading
Posted in data, programming
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