insurancerating - Analytic Insurance Rating Techniques
Functions to build, evaluate, and visualize insurance rating models. It simplifies the process of modeling premiums, and allows to analyze insurance risk factors effectively. The package employs a data-driven strategy for constructing insurance tariff classes, drawing on the work of Antonio and Valdez (2012) <doi:10.1007/s10182-011-0152-7>.
Last updated 1 months ago
actuarialactuarial-scienceinsurancepricing
5.94 score 69 stars 28 scripts 641 downloads
spatialrisk - Calculating Spatial Risk
Methods for spatial risk calculations. It offers an efficient approach to determine the sum of all observations within a circle of a certain radius. This might be beneficial for insurers who are required (by a recent European Commission regulation) to determine the maximum value of insured fire risk policies of all buildings that are partly or fully located within a circle of a radius of 200m. See Church (1974) <doi:10.1007/BF01942293> for a description of the problem.
Last updated 3 months ago
actuarial-scienceinsurancesolvency-iispatial
5.15 score 19 stars 30 scripts 615 downloads