Explainable artificial intelligence (xai) in insurance
Explainable Artificial Intelligence (XAI) models allow for a more transparent and
understandable relationship between humans and machines. The insurance industry …
understandable relationship between humans and machines. The insurance industry …
Collective reserving using individual claims data
The aim of this paper is to operationalize claims reserving based on individual claims data.
We design a modeling architecture that is based on six different neural networks. Each …
We design a modeling architecture that is based on six different neural networks. Each …
Micro-level prediction of outstanding claim counts based on novel mixture models and neural networks
A Bücher, A Rosenstock - European Actuarial Journal, 2023 - Springer
Predicting the number of outstanding claims (IBNR) is a central problem in actuarial loss
reserving. Classical approaches like the Chain Ladder method rely on aggregating the …
reserving. Classical approaches like the Chain Ladder method rely on aggregating the …
An individual claims reserving model for reported claims
A Gabrielli - European Actuarial Journal, 2021 - Springer
We present a claims reserving technique that uses claim-specific feature and past payment
information in order to estimate claims reserves for individual reported claims. We design …
information in order to estimate claims reserves for individual reported claims. We design …
Micro‐level reserving for general insurance claims using a long short‐term memory network
Detailed information about individual claims are completely ignored when insurance claims
data are aggregated and structured in development triangles for loss reserving. In the hope …
data are aggregated and structured in development triangles for loss reserving. In the hope …
Tariff Analysis in Automobile Insurance: Is It Time to Switch from Generalized Linear Models to Generalized Additive Models?
Z Díaz Martínez, J Fernández Menéndez… - Mathematics, 2023 - mdpi.com
Generalized Linear Models (GLMs) are the standard tool used for pricing in the field of
automobile insurance. Generalized Additive Models (GAMs) are more complex and …
automobile insurance. Generalized Additive Models (GAMs) are more complex and …
mCube: Multinomial Micro-level reserving Model
This paper presents a multinomial multi-state micro-level reserving model, denoted mCube.
We propose a unified framework for modelling the time and the payment process for IBNR …
We propose a unified framework for modelling the time and the payment process for IBNR …
Individual claims reserving using activation patterns
M Michaelides, M Pigeon, H Cossette - European Actuarial Journal, 2023 - Springer
A claim often impacts not one but multiple insurance coverages provided in the contract. To
account for this multivariate feature, we propose a new individual claim reserving model built …
account for this multivariate feature, we propose a new individual claim reserving model built …
[PDF][PDF] Explainable Artificial Intelligence (XAI) in insurance. Risks 10: 230
Explainable Artificial Intelligence (XAI) models allow for a more transparent and
understandable relationship between humans and machines. The insurance industry …
understandable relationship between humans and machines. The insurance industry …
Editorial on the Special Issue on Insurance: complexity, risks and its connection with social sciences
Over the last decade, insurance market has been characterized by significant changes. New
regulations, as Solvency II (European Commission 2009) and IFRS17 (European …
regulations, as Solvency II (European Commission 2009) and IFRS17 (European …