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Non-Life Insurance Pricing with Generalized Linear Models - EAA Series (Paperback)
  • Non-Life Insurance Pricing with Generalized Linear Models - EAA Series (Paperback)

Non-Life Insurance Pricing with Generalized Linear Models - EAA Series (Paperback)

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Paperback 174 Pages / Published: 03/01/2015
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Non-life insurance pricing is the art of setting the price of an insurance policy, taking into consideration varoius properties of the insured object and the policy holder. Introduced by British actuaries generalized linear models (GLMs) have become today a the standard aproach for tariff analysis.

The book focuses on methods based on GLMs that have been found useful in actuarial practice and provides a set of tools for a tariff analysis. Basic theory of GLMs in a tariff analysis setting is presented with useful extensions of standarde GLM theory that are not in common use.

The book meets the European Core Syllabus for actuarial education and is written for actuarial students as well as practicing actuaries. To support reader real data of some complexity are provided at

Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN: 9783642107900
Number of pages: 174
Weight: 296 g
Dimensions: 235 x 155 x 10 mm
Edition: 1st ed. 2010, Corr. 3rd printing 2014


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 Siaulys, Zentralblatt MATH, Vol. 1194, 2010)

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