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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2018-12-01
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Series: | Safety |
Subjects: | |
Online Access: | https://www.mdpi.com/2313-576X/4/4/57 |