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1 result(s) for "micro-level stochastic reserving"
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An individual claims history simulation machine
An individual claims history simulation machine
by Gabrielli, Andrea , Wüthrich, Mario V in chain-ladder , claims cash flows , claims reserving
2018
The aim of this project is to develop a stochastic simulation machine that generates individual claims histories of non-life insurance claims. This simulation machine is based on neural networks to incorporate individual claims feature information. We provide a fully calibrated stochastic scenario generator that is based on real non-life insurance data. This stochastic simulation machine allows everyone to simulate their own synthetic insurance portfolio of individual claims histories and back-test thier preferred claims reserving method.
Journal Article
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