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February 24th, 2025 Newsletter

March 3, 2025 by
GIS UIUC

Gamma Iota Sigma 


Week 6!


 

Hello, everyone!

Hope you had a great weekend! Big thanks to everyone who joined our chapter last week. This Thursday, we’re hosting a game night, and we’d love to see you there!

Also, the GIS Chicago Alumni Chapter has invited us to visit their companies in Chicago! We’ll be welcomed by executives at Lockton, Market, and Ascot, with lunch provided. Fill out this form to help us choose a date for this amazing opportunity!


Best,

Gamma

​

 

Article of the Week

Understanding Market Dynamics

 

This article highlights how financial markets are driven by belief formation rather than purely mathematical models. Traditional risk models assume rational decision-making, but real-world markets are shaped by social networks, uncertainty, and evolving information. Stability arises within like-minded groups, but major shifts occur when new ideas spread widely. Actuaries must recognize these social influences to improve risk modeling and avoid blind spots. Market prices are not just numbers—they reflect collective human behavior and changing perceptions.


You can find the full article here




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