Computer Pioneer
Bibliographic Data
| ID | 23601577 |
|---|---|
| Authors | Robert A Nowlan (Southern Connecticut State University, corresponding author) |
| Year | 2017 |
| Pages | 513-525 |
| Publication date | 2017-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | CHAPTER |
| Venue | Masters of Mathematics (SOURCE_BOOK) |
| Publisher | SensePublishers (PUBLISHER) |
| DOI | 10.1007/978-94-6300-893-8_32 |
| OpenAlex | W4231291883 |
| ISBN | 9789463008938 |
| Language | EN |
| References cited | 2 |
In the insurance industry probabilities of events must be determined, so that rates are established. These differ for policyholders contracting same insurance policies depending on several analyzable rating factors. As part of the analytical procedures, Actuaries use statistics to estimate and manage risk when evaluating policy applications and setting premium rates. Based on probability, some individuals pose a higher risk and are more probable to file claims. 1 These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Actuarial science · Business · Econometrics · Economics · Insurance industry · Insurance premium · Computer Science · Insurance and Financial Risk Management
| Citation velocity | historical |
|---|---|
| Highly cited | No |