Bayesian Claims Reserving Methods in Non-life Insurance with Stan : An Introduction

This book first provides a review of various aspects of Bayesian statistics. It then investigates three types of claims reserving models in the Bayesian framework: chain ladder models, basis expansion models involving a tail factor, and multivariate copula models. For the Bayesian inferential methods, this book largely relies on Stan, a specialized software environment which applies Hamiltonian Monte Carlo method and variational Bayes.

• | Author: Guangyuan Gao
• | Publisher: Springer
• | Publication Date: Jan 17, 2019
• | Number of Pages: 205 pages
• | Language: English
• | Binding: Hardcover
• | ISBN-10: 9811336083
• | ISBN-13: 9789811336089