Statistical Learning Algorithms Applied to Automobile Insurance Ratemaking

C. Dugas, Y. Bengio, N. Chapados, P. Vincent, G. Denoncourt and C. Fournier
Additional contact information
C. Dugas: Department of Computer Science and Operations Research, Université of Montréal, CP 6128 succ Centre Ville, Montreal Quebec H3C 3J7, Canada
Y. Bengio: Department of Computer Science and Operations Research, Université of Montréal, CP 6128 succ Centre Ville, Montreal Quebec H3C 3J7, Canada
N. Chapados: Department of Computer Science and Operations Research, Université of Montréal, CP 6128 succ Centre Ville, Montreal Quebec H3C 3J7, Canada
P. Vincent: Department of Computer Science and Operations Research, Université of Montréal, CP 6128 succ Centre Ville, Montreal Quebec H3C 3J7, Canada
G. Denoncourt: Alpha Compagnie d'Assurances Inc, 430 St-Georges, Drummondville QC J2C 4H4, Canada
C. Fournier: Insurance Corporation of British Columbia, 151 West Esplanade, North Vancouver British Columbia V7M 3H9, Canada

Chapter 4 in Intelligent and Other Computational Techniques in Insurance:Theory and Applications, 2003, pp 137-197 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionConcepts of Statistical Learning TheoryHypothesis Testing: an ExampleParameter Optimization: an ExampleMathematical ObjectivesThe Precision CriterionThe Fairness CriterionMethodologyModelsConstant ModelLinear ModelTable-Based MethodsGreedy Multiplicative ModelGeneralized Linear ModelCHAID Decision TreesCombination of CHAID and Linear ModelOrdinary Neural NetworkHow Can Neural Networks Represent Nonlinear Interactions?Softplus Neural NetworkRegression Support Vector MachineMixture ModelsExperimental ResultsMean-Squared Error ComparisonsEvaluating Model FairnessComparison with Current PremiumsApplication to Risk Sharing Pool FacilitiesConclusionAppendixReferences

Keywords: Insurance; Actuarial Science; Neural Networks; Fuzzy Systems; Computational Intelligence; Computational Techniques; Life and Health Insurance; Property and Casualty Insurance (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (3)

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