Results 31 to 40 of about 1,040 (169)
Insurance Products Ratemaking and Insurance Company Financial Solvency Ratio Calculation via Potential Deviation Ratio Method [PDF]
تحقیقات مالی, 2019 Objective: The goal of this research is to calculate the amount which must be paid for a fair premium based on the principle of equity and the financial solvency ratio of an insurance company based on the principle of equivalence, via potential deviation
Saeed Shirkavand +2 more
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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 +2 more
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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).
openaire +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 +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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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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A posteriori ratemaking using bivariate Poisson models [PDF]
, 2017 Recently, different bivariate Poisson regression models have been used in the actuarial literature to make an a priori ratemaking taking into account the dependence between two types of claims.
Bermúdez, Lluís, Karlis, Dimitris
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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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