Analyzing Large Workers’ Compensation Claims Using Generalized Linear Models and Monte Carlo Simulation

Insurance practitioners rely on statistical models to predict future claims in order to provide financial protection. Proper predictive statistical modeling is more challenging when analyzing claims with lower frequency, but high costs. The paper investigated the use of predictive generalized linear...

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Bibliographic Details
Main Authors: Fatemeh Davoudi Kakhki, Steven A. Freeman, Gretchen A. Mosher
Format: Article
Language:English
Published: MDPI AG 2018-12-01
Series:Safety
Subjects:
Online Access:https://www.mdpi.com/2313-576X/4/4/57