000			04506nam a22002417a 4500
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020			_a9780367769031
082			_a368.011 _bPAR
100			_aParodi, Pietro _918060
245			_aPricing in general insurance
250			_a2nd
260			_bCRC Press _aBoca Raton _c2023
300			_axli, 695 p.
365			_aGBP _b76.99
490			_aChapman & Hall/CRC Series in Actuarial Science
500			_aTable of content: 1. The Pricing Process: A Gentle Start. 2. Insurance and Reinsurance Products. 3. The Cover Structure. 4. The Insurance Markets. 5. Pricing in Context. 6. The Scientific Basis for Pricing: Risk Theory. 7. Familiarise Yourself with the Risk. 8. Data Requirements for Pricing. 9. Setting the Loss Inflation Assumptions. 10. Data Preparation. 11. The Burning Cost Approach. 12. What Is This Thing Called Modelling? A Gentle Introduction to Machine Learning. 13. Frequency Modelling: Adjusting for Claim Count IBNR. 14. Frequency Modelling: Selecting and Calibrating a Frequency Model. 15. Severity Modelling: Adjusting for IBNER and Other Factors. 16. Severity Modelling: Selecting and Calibrating a Severity Model. 17. Aggregate Loss Modelling. 18. Identifying, Measuring, and Communicating Uncertanity. 19. Setting the Premium. 20. The Pricing Cycle and Rate Change Calculations. 21. Experience Rating for Non-Proportional Reinsurance. 22. Exposure Rating for Property Insurance. 23. Liability Rating Using Increased Limit Factor Curves. 24. Pricing Considerations for Specific Lines of Business. 25. Catastrophe Modelling in Pricing. 26. Credibilty Theory. 27. Rating Factor Selection and Calibration: GLMs, GAMs, and Regularisation. 28. Multilevel Factors and Smoothing. 29. Pricing Multiple Lines of Business and Risks. 30. Insurance Structure Optimisation. 31. An Introduction to Pricing Models. [https://www.routledge.com/Pricing-in-General-Insurance/Parodi/p/book/9780367769031?srsltid=AfmBOoocHOK-zZNLnqUTHlVVuDCzlxzZEBiZNJ7CCDe1eukYKk2D28wa]
520			_aBased on the syllabus of the actuarial profession courses on general insurance pricing – with additional material inspired by the author’s own experience as a practitioner and lecturer – Pricing in General Insurance, Second Edition presents pricing as a formalised process that starts with collecting information about a particular policyholder or risk and ends with a commercially informed rate. The first edition of the book proved very popular among students and practitioners with its pragmatic approach, informal style, and wide-ranging selection of topics, including: Background and context for pricing Process of experience rating, ranging from traditional approaches (burning cost analysis) to more modern approaches (stochastic modelling) Exposure rating for both property and casualty products Specialised techniques for personal lines (e.g., GLMs), reinsurance, and specific products such as credit risk and weather derivatives General-purpose techniques such as credibility, multi-line pricing, and insurance optimisation The second edition is a substantial update on the first edition, including: New chapter on pricing models: their structure, development, calibration, and maintenance New chapter on rate change calculations and the pricing cycle Substantially enhanced treatment of exposure rating, increased limit factors, burning cost analysis Expanded treatment of triangle-free techniques for claim count development Improved treatment of premium building and capital allocation Expanded treatment of machine learning Enriched treatment of rating factor selection, and the inclusion of generalised additive models The book delivers a practical introduction to all aspects of general insurance pricing and is aimed at students of general insurance and actuarial science as well as practitioners in the field. It is complemented by online material, such as spreadsheets which implement the techniques described in the book, solutions to problems, a glossary, and other appendices – increasing the practical value of the book. (https://www.routledge.com/Pricing-in-General-Insurance/Parodi/p/book/9780367769031?srsltid=AfmBOoocHOK-zZNLnqUTHlVVuDCzlxzZEBiZNJ7CCDe1eukYKk2D28wa)
650			_aInsurance--Rates _919826
650			_aInsurance premiums _919827
650			_aPricing
942			_cBK _2ddc
999			_c7511 _d7511