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Generalized Linear Models for Insurance Data (International Series on Actuarial Science)

Amazon.com Price: $67.00 (as of 12/05/2019 17:48 PST- Details)

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This is the only book actuaries want to bear in mind generalized linear models (GLMs) for insurance applications. GLMs are used in the insurance industry to enhance critical decisions. Until now, no text has introduced GLMs in this context or addressed the problems specific to insurance data. The usage of insurance data sets, this practical, rigorous book treats GLMs, covers all standard exponential circle of relatives distributions, extends the methodology to correlated data structures, and discusses contemporary developments which go beyond the GLM. The issues in the book are specific to insurance data, such as model selection in the presence of large data sets and the handling of varying exposure times. Exercises and data-based practicals lend a hand readers to consolidate their skills, with solutions and data sets given on the companion website. Even though the book is package-independent, SAS code and output examples feature in an appendix and on the website. As well as, R code and output for all of the examples are provided on the website.

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Generalized Linear Models for Insurance Data (International Series on Actuarial Science)

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