EAA Series

Non-Life Insurance Pricing with Generalized Linear Models

Authors: Ohlsson, Esbjörn, Johansson, Björn

  • Written for actuaries and actuariel students
  • Meets the European Core Syllabus for actuarial education
  • Additional real data for deeper understanding available
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Buy this book

eBook $54.99
price for USA (gross)
  • ISBN 978-3-642-10791-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $69.99
price for USA
  • ISBN 978-3-642-10790-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this Textbook

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 used for pricing in many countries. The book focuses on methods based on GLMs that have been found useful in actuarial practice. Basic theory of GLMs in an insurance setting is presented, with useful extensions that are not in common use. The book can be used in actuarial education designed to meet the European Core Syllabus and is written for actuarial students as well as practicing actuaries. To support the readers, it contains case studies using real data of some complexity that are available on the www.

Reviews

From the reviews:

“This book presents the basic theory of generalized linear models (GLMs) in a tariff analysis setting and also gives some useful extension of standard GLM theory. Many theoretical results of this book are supplemented by several examples and numerical illustrations. Plenty of useful exercises finish each chapter of the book. The textbook is intended for practicing actuaries and actuarial students with a background in mathematics and mathematical statistics.” (Jonas Šiaulys, Zentralblatt MATH, Vol. 1194, 2010)

Table of contents (5 chapters)

  • Non-Life Insurance Pricing

    Ohlsson, Esbjörn (et al.)

    Pages 1-14

  • The Basics of Pricing with GLMs

    Ohlsson, Esbjörn (et al.)

    Pages 15-38

  • GLM Model Building

    Ohlsson, Esbjörn (et al.)

    Pages 39-69

  • Multi-Level Factors and Credibility Theory

    Ohlsson, Esbjörn (et al.)

    Pages 71-99

  • Generalized Additive Models

    Ohlsson, Esbjörn (et al.)

    Pages 101-133

Buy this book

eBook $54.99
price for USA (gross)
  • ISBN 978-3-642-10791-7
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $69.99
price for USA
  • ISBN 978-3-642-10790-0
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Non-Life Insurance Pricing with Generalized Linear Models
Authors
Series Title
EAA Series
Copyright
2010
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-10791-7
DOI
10.1007/978-3-642-10791-7
Softcover ISBN
978-3-642-10790-0
Series ISSN
1869-6929
Edition Number
1
Number of Pages
XIII, 174
Topics