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Showing result 1 - 5 of 22 essays matching the above criteria.

  1. 1. Generalized Bühlmann-Straub credibility theory for correlated data

    University essay from Stockholms universitet/Matematiska institutionen

    Author : Mikael Andblom; [2023]
    Keywords : credibility theory; credibility estimator; credibility blending; Bühlmann-Straub; correlated data; uncertainty-based credibility; actuarial science; insurance mathematics;

    Abstract : In this thesis, we first go through classical results from the field of credibility theory. One of the most well-known models in the field is the Büuhlmann-Straub model. The model is relatively straightforward to apply in practice and is widely used. A major advantage of the model is its simplicity and intuitive dependency on its model parameters. READ MORE

  2. 2. Evaluation of the Variance in the Premium Provision Estimate : Handling Inhomogeneous and Decreasing Risk in Premium Provision Purposes

    University essay from Umeå universitet/Institutionen för matematik och matematisk statistik

    Author : Eric Egelius; Anna Methander; [2021]
    Keywords : Premium Provision; Reserves; Insurance; Claim Frequency; Inhomogeneous Risk; Claim Severity; Hidden Fault; Title Transfer Insurance; Premiereserv; Reserv; Försäkring; Skadefrekvens; Inhomogen Risk; Skadekostnad; Dolda Fel; Säljaransvarsförsäkring;

    Abstract : The costs related to events of losses within non-life insurance are stochastic and a prerequisite of running a successful insurance business is to predict risks and future costs. From both a business- and regulatory perspective, it is of high interest to have a genuine understanding of the precision and the sensitivity of the estimated costs and future risks. READ MORE

  3. 3. Combined Actuarial Neural Networks in Actuarial Rate Making

    University essay from KTH/Matematisk statistik

    Author : Axel Gustafsson; Jacob Hansén; [2021]
    Keywords : Insurance; insurance pricing; rate making; pure premium modelling; generalised linear model; neural network; combined actuarial neural network; black box model interpretability; Försäkring; försäkringsprissättning; tariffanalys; pure premium modellering; generalised linear model; neurala nätverk; kombinerat aktuariskt neurala nätverk; black box modelltolkning;

    Abstract : Insurance is built on the principle that a group of people contributes to a common pool of money which will be used to cover the costs for individuals who suffer from the insured event. In a competitive market, an insurance company will only be profitable if their pricing reflects the covered risks as good as possible. READ MORE

  4. 4. Combined Actuarial Neural Networks in Actuarial Rate Making

    University essay from KTH/Matematisk statistik

    Author : Axel Gustafsson; Jacob Hansen; [2021]
    Keywords : Insurance; insurance pricing; rate making; pure premium modelling; generalised linear model; neural network; combined actuarial neural network; black box model interpretability; Försäkring; försäkringsprissättning; tariffanalys; pure premium modellering; generalised linear model; neurala nätverk; kombinerat aktuariskt neurala nätverk; black box modelltolkning;

    Abstract : Insurance is built on the principle that a group of people contributes to a common pool of money which will be used to cover the costs for individuals who suffer from the insured event. In a competitive market, an insurance company will only be profitable if their pricing reflects the covered risks as good as possible. READ MORE

  5. 5. DATA QUALITY CONSEQUENCES OF MANDATORY CYBER DATA SHARING BETWEEN DUOPOLY INSURERS

    University essay from Umeå universitet/Institutionen för matematik och matematisk statistik

    Author : Olof Reinert; Tobias Wiesinger; [2020]
    Keywords : Cyber insurance; Information transmission; Game theory; Cournot market; Nash Equilibrium; Cyberförsäkring; Informationsdelning; Spelteori; Cournot-marknad; Nashjämvikt;

    Abstract : Cyber attacks against companies are becoming more common as technology advances and digitalization is increasing exponentially. All Swedish insurance companies that sell cyber insurance encounter the same problem, there is not enough data to do good actuarial work. READ MORE