Schaumburg
Prudential Reliability of Large Language Models in Reinsurance: Governance, Assurance, and Capital Efficiency
This paper develops a prudential framework for assessing the reliability of large language models (LLMs) in reinsurance. A five-pillar architecture--governance, data lineage, assurance, resilience, and regulatory alignment--translates supervisory expectations from Solvency II, SR 11-7, and guidance from EIOPA (2025), NAIC (2023), and IAIS (2024) into measurable lifecycle controls. The framework is implemented through the Reinsurance AI Reliability and Assurance Benchmark (RAIRAB), which evaluates whether governance-embedded LLMs meet prudential standards for grounding, transparency, and accountability. Across six task families, retrieval-grounded configurations achieved higher grounding accuracy (0.90), reduced hallucination and interpretive drift by roughly 40%, and nearly doubled transparency. These mechanisms lower informational frictions in risk transfer and capital allocation, showing that existing prudential doctrines already accommodate reliable AI when governance is explicit, data are traceable, and assurance is verifiable.
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- Research Report > Experimental Study (1.00)
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On Large Language Models in Mission-Critical IT Governance: Are We Ready Yet?
Esposito, Matteo, Palagiano, Francesco, Lenarduzzi, Valentina, Taibi, Davide
Context. The security of critical infrastructure has been a pressing concern since the advent of computers and has become even more critical in today's era of cyber warfare. Protecting mission-critical systems (MCSs), essential for national security, requires swift and robust governance, yet recent events reveal the increasing difficulty of meeting these challenges. Aim. Building on prior research showcasing the potential of Generative AI (GAI), such as Large Language Models, in enhancing risk analysis, we aim to explore practitioners' views on integrating GAI into the governance of IT MCSs. Our goal is to provide actionable insights and recommendations for stakeholders, including researchers, practitioners, and policymakers. Method. We designed a survey to collect practical experiences, concerns, and expectations of practitioners who develop and implement security solutions in the context of MCSs. Conclusions and Future Works. Our findings highlight that the safe use of LLMs in MCS governance requires interdisciplinary collaboration. Researchers should focus on designing regulation-oriented models and focus on accountability; practitioners emphasize data protection and transparency, while policymakers must establish a unified AI framework with global benchmarks to ensure ethical and secure LLMs-based MCS governance.
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- Government > Regional Government > North America Government > United States Government (0.67)
- Information Technology > Artificial Intelligence > Natural Language > Large Language Model (1.00)
- Information Technology > Artificial Intelligence > Issues > Social & Ethical Issues (1.00)
- Information Technology > Artificial Intelligence > Machine Learning > Neural Networks > Deep Learning > Generative AI (0.34)
Lattice Generalizations of the Concept of Fuzzy Numbers and Zadeh's Extension Principle
The concept of a fuzzy number is generalized to the case of a finite carrier set of partially ordered elements, more precisely, a lattice, when a membership function also takes values in a partially ordered set (a lattice). Zadeh's extension principle for determining the degree of membership of a function of fuzzy numbers is corrected for this generalization. An analogue of the concept of mean value is also suggested. The use of partially ordered values in cognitive maps with comparison of expert assessments is considered.
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- Europe > Russia > Central Federal District > Moscow Oblast > Moscow (0.04)
- Europe > Poland > Masovia Province > Warsaw (0.04)
Multi-Valued Cognitive Maps: Calculations with Linguistic Variables without Using Numbers
A concept of multi-valued cognitive maps is introduced in this paper. The concept expands the fuzzy one. However, all variables and weights are not linearly ordered in the concept, but are only partially-ordered. Such an ap- proach allows us to operate in cognitive maps with partially-ordered linguis- tic variables directly, without vague fuzzification/defuzzification methods. Hence, we may consider more subtle differences in degrees of experts' uncer- tainty, than in the fuzzy case. We prove the convergence of such cognitive maps and give a simple computational example which demonstrates using such a partially-ordered uncertainty degree scale.
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AI to the Rescue
America is facing a health care crisis primarily due to its aging population. Physician shortages have come to the forefront recently, as many hospitals are overwhelmed due to the COVID-19 pandemic. In truth, our looming physician shortage is a generation in the making, as baby boomer doctors retire in droves. This is all occurring as lifespans are increasing--hence, there are fewer doctors to treat more patients. Exacerbating the problem is that medical schools are not churning out medical students fast enough due to capacity constraints, and it takes 12 to 15 years to train a doctor. Today, more than half of active physicians are older than 55, and by the year 2032, the Association of American Medical Colleges projects a shortfall of 122,000 doctors in the United States.
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- North America > United States > Illinois > Cook County > Schaumburg (0.04)
- Europe > Greece (0.04)
- Information Technology > Artificial Intelligence > Natural Language (1.00)
- Information Technology > Artificial Intelligence > Applied AI (0.94)
- Information Technology > Data Science > Data Mining (0.71)
- Information Technology > Artificial Intelligence > Machine Learning > Neural Networks > Deep Learning (0.47)
A Look at the Downsides of Artificial Intelligence
Artificial intelligence (AI), as we have seen in the past, is already established in the enterprise. Some professions, like human resources, have taken to it easily while others, particularly regulated industries, have been slower to write AI into their future. The fact of the matter is that AI is still a very new technology and it is still not clear what it will bring to the enterprise, or if what it brings will be positive. In fact, it does not take much digging to find people that are cautious, or against the deployment of AI with many arguing that its negative aspects will outweigh its benefits. Gustavo Pezzi is a computer science lecturer at BPP University London and a fellow of the Higher Education Academy.
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SDM September 2018 Page 52
SDM EXCLUSIVE ABOUT AI IN SECURITY It seems as though everyone's talking about artificial intelligence, but is everyone saying the same thing? With the impact AI will have and is already having on the security industry, let's make sure we're all on the same page. By Tim Scally, SDM Associate Editor Smart Get L Bill Hogan, president and CEO, owner, D/A Central Oak Park, Mich., says AI technology, which he prefers to call "augmented intelligence," is enhancing human experience through constant learning and should not be viewed as a threat. While not everyone finds the Russians completely trustworthy with regard to foreign intelligence, there is no denying that artificial intelligence is the next great frontier in which companies are racing to stake a claim. But before anyone plants a flag in the top of Mount AI, it's important to know what the mountain is.
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Accenture Beefs Up Financial Services Muscle With TargetST8 Buy
Accenture has acquired a financial services firm that specializes in using artificial intelligence and robotic process automation in corporate and commercial lending, the company said Wednesday. TargetST8 Consulting, which was founded in 2013, focuses exclusively on the financial markets, serving banks and investment firms in the U.S. and Europe, Accenture said. TargetST8 provides customers with digital lending solutions that include deploying artificial intelligence and robotic process automation, according to Accenture. "TargetST8 consultants are known for their deep expertise, innovative digital solutions and outstanding project delivery--particularly in their implementation of Finastra's Loan IQ solution," said Alan McIntyre, who leads Accenture's banking practice globally. "The addition of TargetST8 will enhance our ability to help our commercial and corporate lending clients improve their processes and transform their businesses."
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Science Jobs, Technology Jobs for Women and Minorities: Educational CyberPlayground
Computers and the Internet: Listening to Girls' Voices – Dorothy Ellen Wilcox concludes that "instead of socializing adolescent girls toward docility, non-hierarchical technology like the Internet may provide a discourse for development of higher-level cognitive skills and the ability to unmask inequities in power and politics."
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Machine learning tools pose educational challenges
IT and analytics managers struggling with all the data flooding into their organizations may find it hard to ignore the increased marketing push machine learning tools are getting from technology vendors. And for good reason: Running automated algorithms designed to learn on their own as they churn through large data sets can accelerate data mining and predictive analytics applications -- and give users information they might not get otherwise. But companies looking to take advantage of machine learning often face a substantial learning curve. For starters, a lot of big data infrastructure technologies -- Hadoop, the Spark processing engine and related open source software in particular -- typically underlie machine learning efforts. In many cases, that means building a suitable data processing and management architecture from scratch.
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- North America > United States > Illinois > Cook County > Schaumburg (0.05)
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- Banking & Finance > Insurance (0.48)
- Information Technology > Data Science > Data Mining > Big Data (1.00)
- Information Technology > Artificial Intelligence > Machine Learning (1.00)