scholarly journals Individual Loss Reserving Using a Gradient Boosting-Based Approach

Risks ◽  
2019 ◽  
Vol 7 (3) ◽  
pp. 79 ◽  
Author(s):  
Pigeon ◽  
Duval
Keyword(s):  
Generalized Linear Models ◽  
Linear Models ◽  
Gradient Boosting ◽  
Insurance Company ◽  
Practical Applications ◽  
Individual Level ◽  
Loss Reserving ◽  
Boosting Algorithm ◽  
Property And Casualty Insurance

In this paper, we propose models for non-life loss reserving combining traditionalapproaches such as Mack’s or generalized linear models and gradient boosting algorithm in anindividual framework. These claim-level models use information about each of the payments madefor each of the claims in the portfolio, as well as characteristics of the insured. We provide an examplebased on a detailed dataset from a property and casualty insurance company. We contrast sometraditional aggregate techniques, at the portfolio-level, with our individual-level approach and wediscuss some points related to practical applications.

scholarly journals eNetXplorer: an R package for the quantitative exploration of elastic net families for generalized linear models

2018 ◽  
Author(s):  
Julián Candia ◽  
John S. Tsang
Keyword(s):  
Generalized Linear Models ◽  
Linear Models ◽  
Statistical Significance ◽  
Model Fitting ◽  
Predictive Performance ◽  
R Package ◽  
Research Area ◽  
Elastic Net ◽  
Feature Identification ◽  
Practical Applications

AbstractBackgroundRegularized generalized linear models (GLMs) are popular regression methods in bioinformatics, particularly useful in scenarios with fewer observations than parameters/features or when many of the features are correlated. In both ridge and lasso regularization, feature shrinkage is controlled by a penalty parameter λ. The elastic net introduces a mixing parameter α to tune the shrinkage continuously from ridge to lasso. Selecting α objectively and determining which features contributed significantly to prediction after model fitting remain a practical challenge given the paucity of available software to evaluate performance and statistical significance.ResultseNetXplorer builds on top of glmnet to address the above issues for linear (Gaussian), binomial (logistic), and multinomial GLMs. It provides new functionalities to empower practical applications by using a cross validation framework that assesses the predictive performance and statistical significance of a family of elastic net models (as α is varied) and of the corresponding features that contribute to prediction. The user can select which quality metrics to use to quantify the concordance between predicted and observed values, with defaults provided for each GLM. Statistical significance for each model (as defined by α) is determined based on comparison to a set of null models generated by random permutations of the response; the same permutation-based approach is used to evaluate the significance of individual features. In the analysis of large and complex biological datasets, such as transcriptomic and proteomic data, eNetXplorer provides summary statistics, output tables, and visualizations to help assess which subset(s) of features have predictive value for a set of response measurements, and to what extent those subset(s) of features can be expanded or reduced via regularization.ConclusionsThis package presents a framework and software for exploratory data analysis and visualization. By making regularized GLMs more accessible and interpretable, eNetXplorer guides the process to generate hypotheses based on features significantly associated with biological phenotypes of interest, e.g. to identify biomarkers for therapeutic responsiveness. eNetXplorer is also generally applicable to any research area that may benefit from predictive modeling and feature identification using regularized GLMs.Availability and implementationThe package is available under GPL-3 license at the CRAN repository, https://CRAN.R-project.org/package=eNetXplorer

scholarly journals Penghitungan Premi Asuransi Kendaraan Bermotor Menggunakan Generalized Linear Models dengan Distribusi Tweedie

2021 ◽  
Vol 3 (2) ◽  
pp. 115-127
Author(s):  
Tri Andika Julia Putra ◽  
Donny Citra Lesmana ◽  
I Gusti Putu Purnaba
Keyword(s):  
Generalized Linear Models ◽  
Exponential Family ◽  
Linear Models ◽  
Insurance Company ◽  
Number Of Children ◽  
Multiple Data ◽  
Pure Premium ◽  
Premium Price ◽  
Tweedie Distribution ◽  
The Cost

ABSTRAKSeorang aktuaris mempunyai tugas penting dalam menentukan harga premi yang sesuai untuk setiap nasabah dengan risiko dan karakteristik yang berbeda. Banyak variabel yang dapat mempengaruhi harga premi. Oleh karena itu, aktuaris harus mengetahui variabel-variabel yang berpengaruh signifikan terhadap premi. Tujuan dari penelitian ini adalah untuk menentukan variabel yang dapat mempengaruhi besaran premi murni menggunakan distribusi campuran dalam menentukan besarnya premi melalui Generalized Linear Models (GLM) serta menentukan model harga premi yang sesuai berdasarkan variabel-variabel yang mempengaruhinya. Salah satu analisis statistik yang dapat digunakan untuk memodelkan premi asuransi adalah Generalized Linear Models. GLM merupakan perluasan dari model regresi klasik yang dapat mengakomodasi fleksibilitas untuk menggunakan beberapa distribusi data tetapi terbatas pada distribusi keluarga eksponensial. Dalam model GLM, premi diperoleh dengan mengalikan nilai ekspektasi bersyarat dari frekuensi klaim dan biaya klaim. Berdasarkan penelitian yang telah dilakukan diketahui bahwa frekuensi klaim dan besarnya klaim mengikuti distribusi Tweedie. Dari kedua model tersebut diketahui bahwa variabel yang mempengaruhi premi murni adalah jumlah anak, pendapatan per bulan, status pernikahan, pendidikan, pekerjaan, penggunaan kendaraan, besarnya bluebook yang dibayarkan, dan jenis kendaraan nasabah. Hal ini menunjukkan bahwa model GLM merupakan model yang representatif dan berguna bagi perusahaan asuransi. ABSTRACTIt is an important task for an actuary in determining the appropriate premium price for each customer with different risks and characteristics. Many variables can affect the premium price. Therefore, actuaries must determine the variables that significantly affect the premium. The purpose of this study is to determine the variables that can affect the amount of pure premium using a mixed distribution in determining the amount of premium through Generalized Linear Models (GLM) and determine the appropriate premium price model based on the variables that influence it. One of the statistical analyzes that can be used to model insurance premiums is the Generalized Linear Models. GLM is an extension of the classic regression model that can accommodate the flexibility of its users to use multiple data distributions but is limited to the exponential family distribution. In the GLM model, the premium is obtained by multiplying the conditional expected value of the frequency of claims and the cost of claims. Based on the research that has been done, it is known that the frequency of claims and the size of claims follow the Tweedie distribution. From the two models, it is known that the variables affecting the pure premium are the number of children, monthly income, marital status, education, occupation, vehicle use, the number of bluebooks paid, and the type of vehicle from the customer. This shows that the GLM model is a representative and useful model for the insurance company business.

RATEMAKING OF DEPENDENT RISKS

2017 ◽  
Vol 47 (3) ◽  
pp. 875-894
Author(s):  
J. M. Andrade e Silva ◽  
M. de Lourdes Centeno
Keyword(s):  
Power Function ◽  
Generalized Linear Models ◽  
Regression Models ◽  
Linear Models ◽  
Negative Binomial ◽  
Laguerre Polynomial ◽  
Random Variable ◽  
Insurance Company ◽  
Dependent Risks ◽  
The Mean

AbstractWe start by describing how, in some cases, we can use variance-related premium principles in ratemaking, when the claim numbers and individual claim amounts are independent. We use quasi-likelihood generalized linear models, under the assumption that the variance function is a power function of the mean of the underlying random variable. We extend this approach to the cases where the claim numbers are correlated. Some alternatives to deal with dependent risks are presented, taking explicitly into account overdispersion. We present regression models covering the bivariate Poisson, the generalized bivariate negative binomial and the bivariate Poisson–Laguerre polynomial, which nest the bivariate negative binomial. We apply these models to a portfolio of the Portuguese insurance company Tranquilidade and compare the results obtained.

Effect of Different Dentifrices, Bleaching with 35% Hydrogen Peroxide, and Red Wine on Surface Color and Roughness of Bovine Enamel

2020 ◽  
Vol 02 ◽  
Author(s):  
RM Garcia ◽  
WF Vieira-Junior ◽  
JD Theobaldo ◽  
NIP Pini ◽  
GM Ambrosano ◽  
...  
Keyword(s):  
Hydrogen Peroxide ◽  
Generalized Linear Models ◽  
Repeated Measures ◽  
Red Wine ◽  
Linear Models ◽  
Artificial Saliva ◽  
Surface Color ◽  
Dental Bleaching ◽  
Surface Alteration ◽  
Bovine Enamel

Objective: To evaluate color and roughness of bovine enamel exposed to dentifrices, dental bleaching with 35% hydrogen peroxide (HP), and erosion/staining by red wine. Methods: Bovine enamel blocks were exposed to: artificial saliva (control), Oral-B Pro-Health (stannous fluoride with sodium fluoride, SF), Sensodyne Repair & Protect (bioactive glass, BG), Colgate Pro-Relief (arginine and calcium carbonate, AR), or Chitodent (chitosan, CHI). After toothpaste exposure, half (n=12) of the samples were bleached (35% HP), and the other half were not (n=12). The color (CIE L*a* b*, ΔE), surface roughness (Ra), and scanning electron microscopy were evaluated. Color and roughness were assessed at baseline, post-dentifrice and/or -dental bleaching, and after red wine. The data were subjected to analysis of variance (ANOVA) (ΔE) for repeated measures (Ra), followed by Tukey ́s test. The L*, a*, and b* values were analyzed by generalized linear models (a=0.05). Results: The HP promoted an increase in Ra values; however, the SF, BG, and AR did not enable this alteration. After red wine, all groups apart from SF (unbleached) showed increases in Ra values; SF and AR promoted decreases in L* values; AR demonstrated higher ΔE values, differing from the control; and CHI decreased the L* variation in the unbleached group. Conclusion: Dentifrices did not interfere with bleaching efficacy of 35% HP. However, dentifrices acted as a preventive agent against surface alteration from dental bleaching (BG, SF, and AR) or red wine (SF). Dentifrices can decrease (CHI) or increase (AR and SF) staining by red wine.

Economic burden of readmission due to postoperative cerebrospinal fluid leak in Chinese patients

2020 ◽  
Vol 9 (16) ◽  
pp. 1105-1115
Author(s):  
Shuqing Wu ◽  
Xin Cui ◽  
Shaoyu Zhang ◽  
Wenqi Tian ◽  
Jiazhen Liu ◽  
...  
Keyword(s):  
Cerebrospinal Fluid ◽  
Generalized Linear Models ◽  
Economic Burden ◽  
Linear Models ◽  
Chinese Patients ◽  
Cerebrospinal Fluid Leakage ◽  
Index Hospitalization ◽  
Real World Data ◽  
Factors Associated ◽  
Hospitalization Cost

Aim: This real-world data study investigated the economic burden and associated factors of readmissions for cerebrospinal fluid leakage (CSFL) post-cranial, transsphenoidal, or spinal index surgeries. Methods: Costs of CSFL readmissions and index hospitalizations during 2014–2018 were collected. Readmission cost was measured as absolute cost and as percentage of index hospitalization cost. Factors associated with readmission cost were explored using generalized linear models. Results: Readmission cost averaged US$2407–6106, 35–94% of index hospitalization cost. Pharmacy costs were the leading contributor. Generalized linear models showed transsphenoidal index surgery and surgical treatment for CSFL were associated with higher readmission costs. Conclusion: CSFL readmissions are a significant economic burden in China. Factors associated with higher readmission cost should be monitored.

Determination of Enzyme or Binding Constants Using Generalized Linear Models, with Particular Reference to Michaelis–Menten Models

1989 ◽  
Vol 78 (5) ◽  
pp. 413-416
Author(s):  
Gerald Van Belle ◽  
Sue Leurgans ◽  
Pat Friel ◽  
Sunwei Guo ◽  
Mark Yerby
Keyword(s):  
Generalized Linear Models ◽  
Linear Models ◽  
Binding Constants

scholarly journals Sensuator: A Hybrid Sensor–Actuator Approach to Soft Robotic Proprioception Using Recurrent Neural Networks

Actuators ◽  
2021 ◽  
Vol 10 (2) ◽  
pp. 30
Author(s):  
Pornthep Preechayasomboon ◽  
Eric Rombokas
Keyword(s):  
Neural Networks ◽  
Recurrent Neural Networks ◽  
Linear Models ◽  
Open Loop ◽  
Proof Of Concept ◽  
State Estimator ◽  
Loop Control ◽  
Practical Applications ◽  
Soft Actuator ◽  
The Cost

Soft robotic actuators are now being used in practical applications; however, they are often limited to open-loop control that relies on the inherent compliance of the actuator. Achieving human-like manipulation and grasping with soft robotic actuators requires at least some form of sensing, which often comes at the cost of complex fabrication and purposefully built sensor structures. In this paper, we utilize the actuating fluid itself as a sensing medium to achieve high-fidelity proprioception in a soft actuator. As our sensors are somewhat unstructured, their readings are difficult to interpret using linear models. We therefore present a proof of concept of a method for deriving the pose of the soft actuator using recurrent neural networks. We present the experimental setup and our learned state estimator to show that our method is viable for achieving proprioception and is also robust to common sensor failures.

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