Non-Life Insurance Pricing with Generalized Linear Models

• Main Authors: Ohlsson, Esbjr̲n. (Author), Johansson, Bjr̲n. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2010.
• Series: EAA Lecture Notes,
• Subjects: Mathematics.; Finance.; Economics > Statistics.; Quantitative Finance.; Statistics for Business/Economics/Mathematical Finance/Insurance.
• Online Access: https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-3-642-10791-7

Setting the price of a non-life insurance policy involves the statistical analysis of insurance data, taking into consideration various properties of the insured object and the policy holder. Introduced by British actuaries, generalized linear models (GLMs) have by now become a standard approach use...

Table of Contents:

• Non-life Insurance Pricing
• The Basics of Pricing with GLMs
• GLM Model Building
• Multi-Level Factors and Credibility Theory
• Generalized Additive Models
• Appendix A: Some Results from Probability and Statistics
• Appendix B: Some Results on Splines
• Appendix C: Some SAS Syntax.