An Individual Claims History Simulation Machine
Open Access
- 29 March 2018
- Vol. 6 (2), 29
- https://doi.org/10.3390/risks6020029
Abstract
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.This publication has 12 references indexed in Scilit:
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