Rating Theory and Generalized Linear Models (GLM) — Actuarial Perspective

Introduction

What this guide covers

Introduction Introduction Predictive Modeling — Actuarial Science

Overview

Topics covered

• Introduction
• Tariffing Theory and GLM Models
• Introduction and Context of Actuarial Pricing
• The Structure of the Actuarial Premium
• The Methodological Tariffing Framework
• Unit of Exposure and Time at Risk

Related concepts

Main connections

• Generalized linear models (GLM)
• Poisson distribution
• Variance & standard deviation
• Maximum likelihood estimation
• Mean & expected value
• Residual analysis & diagnostics

Compatible notation

Mathematical sample in LaTeX

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