Recent insurance posts

Numerical Issues

2022-10-23 | Actuarial exams, aggregate, compound distribution, insurance modeling

Discretizing Severity Distributions

View post

Aggregate Introduction

2022-10-15 | aggregate, compound distribution, insurance modeling, Python

Introduction aggregate is a Python package providing fast, accurate, and expressive data structures that make working with aggregate (also called compound) probability distributions easy and intuitive. It allows

View post

Actuarial Syllabi

2022-10-22 | Acturial exams, aggregate, compound distribution, insurance modeling

Sections relevant to aggregatge. IAA Link 7. ACTUARIAL MODELS 7.2.1 Recognize classes of distributions, including extreme value distributions, suitable for modelling the distribution of severity of loss and their relationships. (B4)

View post

Aggregate Introduction

2022-07-05 | aggregate, compound distribution, insurance modeling, Python

Series Outline Introduction Creating a simple aggregate distribution (throw of dice, fixed and Poisson freqs) About aggregate or compound loss distributions math and empirical examples; equal bucket size

View post

AI and Insurance

2019-05-20 | presentations, AI, insurance

New AI techniques help computers solve problems that people find easy but that computers have historically found difficult, such as image or voice

View post

Risk and Return

2022-02-20 | insurance, risk, return, principal agent problem, non, additive probability

There are no universally true statements about risk.

View post

CEOs Talk About Risk

2022-03-01 | risk, insurance

Evan Greeberg, Chubb Q4-2021 In my judgment, the calendar year or published combined ratio is the primary measure of underwriting performance that investors and management should focus on, because natural

View post

Non Bayesian Risk

2022-03-07 | pricing, insurance, risk, underwriting

Distortion risk measures When can a risk preference be represented by a certain functional form? EU, SEU, CEU, Savage etc.

View post

The Cost of Goods Sold

2022-02-25 | presentations, insurance, risk, pricing

John Major and Stephen Mildenhall, CARe Meeting, June 9, 2021

View post

Jri_prize

2022-02-24 | insurance

McShane, Eling, and Nguyen (2021) McShane, Eling, and Nguyen (2021) Denuit and Robert (2021) Denuit and Robert (2021) Sriram and Shi (2021) Sriram and Shi (2021) Denuit and Lu (2021) Denuit and Lu (2021) Herrmann and Hibbeln (2021) Herrmann and Hibbeln (2021) Anand, Tyler Leverty, and Wunder (2021)

View post

Towards the Quantitative Analysis of Quantitative Factors

2022-02-28 | pricing, insurance, risk, underwriting

Broad buckets of risk process risk; param risk; winner’s curse; PAT; ambiguity; morale hazard; info asymmetry

View post

The Insurance Stack in a Disrupted World

2017-11-15 | insurance, pricing, FinTech, InsurTech, disruption

DRAFT / work in progress! Value and Functional Organization in the Insurance Stack With Implications for the Traditional Insurer’s Place in a Disrupted World

View post