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In most sub Saharan African countries,the mechanism for pricing auto-insurance policies is tariff based. This means that the key factor that influences price changes is usually based on regulation and legislative dynamics. Additionally, where ratemaking is risk based, analysis has in most cases...
Machine learning techniques have been used successfully in several areas such as banking and finance. These techniques are used mainly for prediction, classification and partitioning data into different groups according to a certain common characteristic. In this work, we are interested in...
In this paper we propose a quadratic predictor of the compound discounted renewal aggregate claims when taking into account dependence within the inter-occurrence times. We compare the accuracy of the proposed quadratic predictor to the simulated value of that sum, by using specific mixture of...
Implementing risk management to an entire organization, though being increasingly applied, may appear challenging, often perceived as requiring substantial effort with unclear benefits. This paper aims at providing road transport organizations and practitioners with key references and a roadmap...
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