Results 31 to 40 of about 1,049 (171)
Modelling Motor Insurance Claim Frequency and Severity Using Gradient Boosting
Risks, 2023 Modelling claim frequency and claim severity are topics of great interest in property-casualty insurance for supporting underwriting, ratemaking, and reserving actuarial decisions. Standard Generalized Linear Models (GLM) frequency–severity models assume
Carina Clemente +2 more
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Supplementing Traditional Ratemaking w/ Advanced Telematics
, 2023 This project analyzes the sponsor company’s telematics program by tracking and projecting program growth, comparing telematics driving scores to common ratemaking attributes, and investigating the correlation of score to future loss experience.
LaCross, Matthew +2 more
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Market failure in the municipal economy
Ekonomia i Prawo, 2009 The aim of this paper is, firstly, to assess the main factors of market failure in the municipal economy and, secondly, to show its practical consequences for the regulatory framework.
Piotr Jeżowski
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FinTech, 2023 Longevity is without a doubt on the rise throughout the world due to advances in technology and health. Since 1960, Ghana’s average annual mortality improvement has been about 1.236%.
Samuel Asante Gyamerah +3 more
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Acta Universitatis Lodziensis. Folia Oeconomica, 2016 One of the basic variables used in the process of tariff calculation of premiums in motor hull liability insurance is the age of the insured. In this type of insurance offered by insurers operating on the Polish market, this variable is taken into ...
Anna Szymańska
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On automobile insurance ratemaking [PDF]
ASTIN Bulletin, 1968 Suppose that an automobile insurance plan is characterized by a double classification. The risks are thus divided into classes, i = 1, 2, …, p (e.g. defined by use of car and age of operator), and groups j = 1, 2, …, q (e.g. defined by licence and by accidents during the last three years).
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Personalization as a promise: Can Big Data change the practice of insurance?
Big Data & Society, 2020 The aim of this article is to assess the impact of Big Data technologies for insurance ratemaking, with a special focus on motor products.The first part shows how statistics and insurance mechanisms adopted the same aggregate viewpoint.
Laurence Barry, Arthur Charpentier
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MathematicsThis article proposes a novel application of the Bayesian variable selection framework for driver telematics data. Unlike the traditional LASSO, the Bayesian variable selection framework allows us to incorporate the importance of certain features in ...
Himchan Jeong, Minwoo Kim
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Actuarial Impacts of Loss Cost Ratio Ratemaking in U.S. Crop Insurance Programs
Journal of Agricultural and Resource Economics, 2011 This study examines the actuarial implications of the loss cost ratio (LCR) ratemaking methodology employed by the Risk Management Agency as a component of base rates for U.S.
Joshua D. Woodard +2 more
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Techniques for analyzing the impacts of certain electric-utility ratemaking and regulatory-policy concepts. Glossary [PDF]
, 1980 This document, Glossary, is the first in a series of reports to identify, describe, and apply techniques for analyzing the impacts of certain electric utility concepts. This report was developed with a focus on the currently evolving issues of ratemaking,
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