Non-life Insurance Pricing With Generalized Lin... Apr 2026

: It formalizes the use of Generalized Linear Models (GLMs) as the industry standard for insurance pricing, replacing older, less flexible methods like the method of marginal totals.

: While covering essential theory, the text emphasizes "the art of setting the price" by including real-world Swedish insurance data (e.g., moped and auto insurance) to illustrate complex modeling scenarios. Non-life insurance pricing with generalized lin...

: Details how to analyze multiple rating factors (like vehicle weight or driver age) to determine their impact on key ratios like pure premiums. : It formalizes the use of Generalized Linear

: Explains how "log-link" functions are crucial for maintaining strictly positive expected values in pricing models. Non-life insurance pricing with generalized lin...