Intelligent and Other Computational Techniques in Insurance: Theory and Applications

INTELLIGENT AND OTHER COMPUTATIONAL TECHNIQUES IN INSURANCE: THEORY AND APPLICATIONS (Innovative Intelligence) book cover

INTELLIGENT AND OTHER COMPUTATIONAL TECHNIQUES IN INSURANCE: THEORY AND APPLICATIONS (Innovative Intelligence)

Author(s):Arnold F Shapiro (Editor), Lakhmi C Jain (Editor)

  • Publisher:‎ World Scientific Publishing Company
  • Publication Date:‎ December 26, 2003
  • Language:‎ English
  • Print length:‎ 668 pages
  • ISBN-10:‎ 9812387188
  • ISBN-13:‎ 9789812387189

Book Description

This book presents recent advances in the theory and implementation of intelligent and other computational techniques in the insurance industry. The paradigms covered encompass artificial neural networks and fuzzy systems, including clustering versions, optimization and resampling methods, algebraic and Bayesian models, decision trees and regression splines. Thus, the focus is not just on intelligent techniques, although these constitute a major component; the book also deals with other current computational paradigms that are likely to impact on the industry. The application areas include asset allocation, asset and liability management, cash-flow analysis, claim costs, classification, fraud detection, insolvency, investments, loss distributions, marketing, pricing and premiums, rate-making, retention, survival analysis, and underwriting.

Editorial Reviews

From the Publisher

Graduate students, academics, researchers and practitioners involved with actuarial science, insurance, statistics and management science.

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