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Across the party line

Recurso electrónico / Electronic resource
MAP20200015079
Mitchell-Wallace, Kirsten
Across the party line / Kirsten Mitchell-Wallace
Sumario: Jo is a trainee actuary, and wonders if it is acceptable to calibrate' losses across 100,000 simulation years to five years of our in-house catastrophe loss data. She hasn't realised that we are using exposure-based cat modelling because we cannot use experience pricing for infrequent and severe events; the value of our claims data is limited. That's why the team has spent ages collecting, cleaning and augmenting the data describing our insured assets and is using a tool that incorporates science and engineering to model potential losses from a catalogue of synthetic events
En: The Actuary : the magazine of the Institute & Faculty of Actuaries. - London : Redactive Publishing, 2019-. - 01/04/2020 Número 3 - abril 2020 , p. 22-23
1. Modelos actuariales . 2. Cálculo actuarial . 3. Modelos predictivos . 4. Actuarios . I. Title.