Stochastic Loss Reserving Using Generalized Linear Models
Download or Read eBook Stochastic Loss Reserving Using Generalized Linear Models PDF written by Greg Taylor and published by . This book was released on 2016-05-04 with total page 100 pages. Available in PDF, EPUB and Kindle.
| Author | : Greg Taylor |
| Publisher | : |
| Total Pages | : 100 |
| Release | : 2016-05-04 |
| ISBN-10 | : 0996889701 |
| ISBN-13 | : 9780996889704 |
| Rating | : 4/5 (01 Downloads) |
Book Synopsis Stochastic Loss Reserving Using Generalized Linear Models by : Greg Taylor
Book excerpt: In this monograph, authors Greg Taylor and Gráinne McGuire discuss generalized linear models (GLM) for loss reserving, beginning with strong emphasis on the chain ladder. The chain ladder is formulated in a GLM context, as is the statistical distribution of the loss reserve. This structure is then used to test the need for departure from the chain ladder model and to consider natural extensions of the chain ladder model that lend themselves to the GLM framework.
