Michel Leonard on Geopolitics, Inflation, and Actuarial Blind Spots

What do trade wars, tariffs, and extreme weather have in common? They’re not just headlines—they’re actuarial inputs. Michel Léonard joins Alicia Burke and Sara Chen (Actuarial Review) to talk about modeling the unpredictable, why actuaries need to rethink volatility, and how economic risk signals are evolving faster than our frameworks.