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Machine Learning in Actuarial Pricing by Alexandros Papadopoulos is a document available to read on EtoBox.

What is Machine Learning in Actuarial Pricing about?

This document discusses applying machine learning techniques to actuarial and pricing workflows in the insurance industry. It addresses concerns about limited data by noting that machine learning can limit noise from thin data and be used on smaller datasets. It also notes that machine learning can provide a starting point for analysis rather than final recommendations. The document advocates for using machine learning to produce an "efficient frontier" of outputs under different assumptions to allow for bu

Author

Alexandros Papadopoulos

Language

EN