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Session 18: AP - Using Predictive Models for Life Insurance Assumptions
Session 18: AP - Using Predictive Models for Life Insurance Assumptions Predictive modeling is a powerful ... powerful toolset for assumption setting (mortality, lapse, etc.). The multivariate approach has its advantages ...- Authors: Rosmery Cruz, Dihui Lai
- Date: Sep 2019
- Competency: Strategic Insight and Integration
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Management skills; Technology & Applications>Artificial intelligence & machine learning
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Big Data In Life Insurance—Does It Exist? If So, How Should We Handle It?
Big Data In Life Insurance—Does It Exist? If So, How Should We Handle It? Unstructured data is often ... confusion about Big Data in their article “Big Data In Life Insurance—Does It Exist? If So, How Should We Handle ...- Authors: Gang Richard Xu, Dihui Lai
- Date: Jul 2014
- Publication Name: Predictive Analytics and Futurism Newsletter
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Predictive Modeling Series Data Clustering and its Application in INsurance
similarities. Objects categorized in the same group are more similar to each other than to those in ... international traveling is of particular interest to life insurance companies. It is important to un- derstand ...- Authors: Dihui Lai
- Date: Dec 2014
- Publication Name: Predictive Analytics and Futurism Newsletter
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Appendix B: How to Build a Model
Appendix B: How to Build a Model This actually is a copy of an appendix of a research paper ... paper. Business intelligence;Logistic regression;Mortality modeling;Regression analysis 6442463172 7/1/2015 ...- Authors: Dihui Lai, Scott Rushing, Minyu Cao, Timothy Rozar, Qichun Xu
- Date: Jul 2015
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Technology & Applications>Analytics and informatics
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UseTree-based Algorithm for Predictive Modeling in Insurance
UseTree-based Algorithm for Predictive Modeling in Insurance In this article, we ... that consist mainly of continuous changes (e.g., mortality risks, claim incident), algorithms like GLM (generalized ...- Authors: Dihui Lai, Bingfeng Lu
- Date: Dec 2016
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Predictive Analytics
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Understanding Autoregressive Model for Time Series
we modeled the lapse behavior of a 10-year term life policy over the level period with an AR(1) model ... Figure 1 Forecasting the lapse rate of a 10-year term life policy over a level period by the AR(1) model. The ...- Authors: Dihui Lai, Bingfeng Lu
- Date: Jun 2017
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Forecasting; Predictive Analytics
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Spark: the Next-generation Processing Engine for Big Data
Spark: the Next-generation Processing Engine for Big Data Spark offers a way to get some dramatic ... care, financial services, telecommunica- tion and life sciences. However, the Map-reduce paradigm is ...- Authors: Dihui Lai, Qichun Xu
- Date: Dec 2015
- Competency: Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
- Publication Name: Predictive Analytics and Futurism Newsletter
- Topics: Modeling & Statistical Methods>Data mining; Modeling & Statistical Methods>Modeling efficiency