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Insurance ratemaking using a combined quantile regression machine learning approach

MARC record
Tag12Value
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001  MAP20260012285
003  MAP
005  20260422174219.0
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040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎6
100  ‎$0‎MAPA20260007311‎$a‎Zanzouri, Souleima
24510‎$a‎Insurance ratemaking using a combined quantile regression machine learning approach‎$c‎Souleima Zanzouri, Manel Kacem and Lotfi Belkacem
520  ‎$a‎The article analyzes the process of ratemaking in non-life insurance through the combination of quantile regression and machine learning techniques. A two-stage approach is proposed that first models the probability of a claim and subsequently the aggregated claim amount, using advanced models such as random forest, gradient boosting, XGBoost, and neural networks applied to quantile regression. The empirical study, based on real automobile insurance data, shows that these models allow for a better capture of extreme risks and improve the accuracy of premium estimation. In addition, model performance is evaluated using statistical metrics, and practical implications for actuarial ratemaking are discussed
650 4‎$0‎MAPA20080564322‎$a‎Tarificación
650 4‎$0‎MAPA20080573935‎$a‎Seguros no vida
650 4‎$0‎MAPA20080592011‎$a‎Modelos actuariales
650 4‎$0‎MAPA20080581886‎$a‎Primas de seguros
650 4‎$0‎MAPA20170005476‎$a‎Machine learning
7001 ‎$0‎MAPA20260007328‎$a‎Kacem, Manel
7001 ‎$0‎MAPA20260007335‎$a‎Belkacem, Lotfi
7730 ‎$w‎MAP20077000239‎$g‎16/03/2026 Tomo 30 Número 1 - 2026 , 51 p.‎$x‎1092-0277‎$t‎North American actuarial journal‎$d‎Schaumburg : Society of Actuaries, 1997-