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  • Classification Models
    "traditional rate making approach". Accordingly, the primary goal is to price insureds based on their expected ... the price of say auto insurance ought to vary in direct relation to the risk inherent in the par- ticular ...

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    • Authors: Arnold Shapiro, Oakley E Van Slyke, CHARLES A HACHEMEISTER, Joseph Ferriera
    • Date: Apr 1978
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods
  • Appropriate Standards for Profit Margins
    surplusto an individualpolicy, enoughsurplusto take care of the fact that you'll probably be paying out more ... businessand assume that the tail is just going to take care of itself. So when you're measuring surplus,you ...

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    • Authors: Stephen P D'Arcy, Charles McClenahan, Oakley E Van Slyke
    • Date: Apr 1994
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments; Modeling & Statistical Methods; Public Policy