Non Life Insurance Pricing with Generalized Linear Models (EAA Lecture Notes)

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Non-Life Insurance Pricing with Generalized Linear Models (EAA Lecture Notes)

Publisher: Springer | ISBN: 3642107907 | edition 2010 | PDF | 174 pages | 1,1 mb

Non-life insurance pricing is the art of setting the price of an insurance policy, taking into consideration varoius properties of the insured object and the policy holder. Introduced by British actuaries generalized linear models (GLMs) have become today a the standard aproach for tariff analysis.The book focuses on methods based on GLMs that have been found useful in actuarial practice and pres a set of tools for a tariff analysis. Basic theory of GLMs in a tariff analysis setting is presented with useful extensions of standarde GLM theory that are not in common use. The book meets the European Core Syllabus for actuarial education and is written for actuarial students as well as practicing actuaries

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