Results 31 to 40 of about 6,133 (181)

A Priori Ratemaking Selection Using Multivariate Regression Models Allowing Different Coverages in Auto Insurance

Risks, 2021
A comprehensive auto insurance policy usually provides the broadest protection for the most common events for which the policyholder would file a claim.
Emilio Gómez-Déniz, Enrique Calderín-Ojeda   +1 more
doaj   +1 more source

Forecasting Mortality Rates with a Two-Step LASSO Based Vector Autoregressive Model

Risks, 2022
This paper proposes a two-step LASSO based vector autoregressive (2-LVAR) model to forecast mortality rates. Within the VAR framework, recent studies have developed a spatial–temporal autoregressive (STAR) model, in which age-specific mortality rates are
Thilini Dulanjali Kularatne, Jackie Li, Yanlin Shi   +2 more
doaj   +1 more source

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, Gracinda R. Guerreiro, Jorge M. Bravo   +2 more
doaj   +1 more source

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
doaj   +1 more source

Measurement and Impact of Longevity Risk in Portfolios of Pension Annuity: The Case in Sub Saharan Africa

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, Janet Arthur, Saviour Worlanyo Akuamoah, Yethu Sithole   +3 more
doaj   +1 more source

The Application of Bühlmann-Straub Model to the Estimation of Net Premium Rates Depending on the Age of the Insured in the Motor Hull Liability Insurance

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
doaj   +1 more source

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
doaj   +1 more source

Regulatory Highlights – The Year 2016 In Review and Implications for 2017 [PDF]

, 2017
The Public Utility Commission of Texas (“PUCT” or “Commission”) started out last year much the same way that it is starting out this year—the key item on its agenda will be the sale of Oncor Electric Delivery, LLC out of the EFH bankruptcy—however this ...
Liebmann, Diana
core   +1 more source

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, Bruce J. Sherrick, Gary D. Schnitkey   +2 more
doaj   +1 more source

Bayesian Approach to Simultaneous Variable Selection and Estimation in a Linear Regression Model with Applications in Driver Telematics

Mathematics
This 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
doaj   +1 more source