The world is increasingly interconnected by virtue of rapid international travel, digital communication and an integrated global economy. Both the war in Ukraine and COVID-19 are reminders that events somewhere in the world can quickly lead to local effects everywhere. For those who need to make predictions about the future, such as actuaries, this poses a significant challenge. In the May issue of the Actuary, we discuss:

• The challenges of interconnectivity
• Key considerations to make sense of apparent, complex uncertainty
• Exploring the possibilities of future events and their consequences
• The effects of interacting events

Read the full article here.