scholarly journals A practitioners approach to individual claims models for bodily injury claims in german non-life insurance

2022 ◽  
Author(s):  
Marcel Wiedemann ◽  
Daniel John
Keyword(s):  
Life Insurance ◽  
Practical Experience ◽  
Point Of View ◽  
Liability Insurance ◽  
Practical Point ◽  
Bodily Injury ◽  
Insurance Portfolio ◽  
Essential Question ◽  
Motor Insurance

AbstractThe aim of our paper is to discuss the difficulties non-life actuaries are currently facing from a practical point of view. Based on this, we show that individual claims models are the key to address these difficulties and discuss how such models give actuaries a new and very powerful tool to explore further fields of application. Moreover, we address a very essential question: What data is needed for developing individual claims models? For bodily injury claims in German motor liability insurance, we shall derive specific attributes based on a detailed discussion of the legal background. All our ideas are based on practical experience for a large German motor insurance portfolio.

Actuarial Aspects of Motor Insurance

1968 ◽  
Vol 18 (03) ◽  
pp. 185-206
Author(s):  
P. D. Johnson
Keyword(s):  
United Kingdom ◽  
Life Insurance ◽  
Practical Experience ◽  
Minimum Requirement ◽  
The United Kingdom ◽  
The Future ◽  
Motor Insurance ◽  
Selection Of

In the United Kingdom the customary approach to non-life insurance has been to rely more on the practical experience and flair of the underwriter than on a statistical examination of the experience. In some branches of non-life insurance an office is able to make adequate adjustments to its rates on the basis of claim ratios (i.e. the amounts of claims divided by the premiums) for fairly broad groups. In the more competitive branches such as motor insurance the experience needs to be examined in much greater detail, not merely to satisfy the minimum requirement of guarding against selection of the better risks by other insurers, but more positively in order to find out the extent to which the risk varies with each of the existing rating factors and any possible alternatives. Also, because of the rapidity with which conditions are liable to change, the experience studied must be as up to date as possible if reasonably reliable estimates of the future are to be made.

Tertiary Nitrification Pilot Plants on Parisian Waste Water

1990 ◽  
Vol 22 (1-2) ◽  
pp. 347-352 ◽  
Author(s):  
C. Paffoni ◽  
B. Védry ◽  
M. Gousailles
Keyword(s):  
Waste Water ◽  
Metropolitan Area ◽  
Fixed Bed ◽  
Point Of View ◽  
Operating Conditions ◽  
Research Center ◽  
Daily Output ◽  
Practical Point ◽  
Fixed Bed Reactors

The Paris Metropolitan area, which contains over eight million inhabitants, has a daily output of about 3 M cu.meters of wastewater, the purification of which is achieved by SIAAP (Paris Metropolitan Area Sewage Service) in both Achères and Valenton plants. The carbon pollution is eliminated from over 2 M cu.m/day at Achères. In order to improve the quality of output water, its tertiary nitrification in fixed-bed reactors has been contemplated. The BIOFOR (Degremont) and BIOCARBONE (OTV) processes could be tested in semi-industrial pilot reactors at the CRITER research center of SIAAP. At a reference temperature of 13°C, the removed load is approximately 0.5 kg N NH4/m3.day. From a practical point of view, it may be asserted that in such operating conditions as should be at the Achères plant, one cubic meter of filter can handle the tertiary nitification of one cubic meter of purified water per hour at an effluent temperature of 13°C.

ALBUMINURIA FROM A LIFE-INSURANCE POINT OF VIEW

BMJ ◽  
1908 ◽  
Vol 1 (2453) ◽  
pp. 54-55
Author(s):  
R. L. Guthrie
Keyword(s):  
Life Insurance ◽  
Point Of View

scholarly journals On the Design of Outdoor Leader-Follower UAV-Formation Controllers from a Practical Point of View

IEEE Access ◽  
2021 ◽  
pp. 1-1
Author(s):  
Lucas Vago Santana ◽  
Alexandre Santos Brandao ◽  
Mario Sarcinelli-Filho
Keyword(s):  
Point Of View ◽  
Practical Point

scholarly journals Applications of Clustering with Mixed Type Data in Life Insurance

Risks ◽  
2021 ◽  
Vol 9 (3) ◽  
pp. 47
Author(s):  
Shuang Yin ◽  
Guojun Gan ◽  
Emiliano A. Valdez ◽  
Jeyaraj Vadiveloo
Keyword(s):  
Life Insurance ◽  
Clustering Algorithm ◽  
Early Stage ◽  
Financial Statements ◽  
Life Insurers ◽  
Insurance Portfolio ◽  
Policy Information ◽  
Spatial Attributes ◽  
Type Data ◽  
Significant Mortality

Death benefits are generally the largest cash flow items that affect the financial statements of life insurers; some may still not have a systematic process to track and monitor death claims. In this article, we explore data clustering to examine and understand how actual death claims differ from what is expected—an early stage of developing a monitoring system crucial for risk management. We extended the k-prototype clustering algorithm to draw inferences from a life insurance dataset using only the insured’s characteristics and policy information without regard to known mortality. This clustering has the feature of efficiently handling categorical, numerical, and spatial attributes. Using gap statistics, the optimal clusters obtained from the algorithm are then used to compare actual to expected death claims experience of the life insurance portfolio. Our empirical data contained observations of approximately 1.14 million policies with a total insured amount of over 650 billion dollars. For this portfolio, the algorithm produced three natural clusters, with each cluster having lower actual to expected death claims but with differing variability. The analytical results provide management a process to identify policyholders’ attributes that dominate significant mortality deviations, and thereby enhance decision making for taking necessary actions.

Quantitative Analysis of Microstructure and Modeling of Sintering

2009 ◽  
Vol 624 ◽  
pp. 1-18 ◽  
Author(s):  
Jean Marc Chaix
Keyword(s):  
Image Analysis ◽  
Input Data ◽  
3D Imaging ◽  
Point Of View ◽  
Size Distributions ◽  
Practical Point ◽  
The Past ◽  
Modeling Techniques ◽  
Mean Size ◽  
Sintering Mechanisms

Microstructure is the key scale to understand and describe sintering mechanisms and their consequences at the macroscopic level. As modeling techniques are continuously developing, the need for input data and comparison with more and more accurate descriptions of the evolution is expected to create a growing demand for quantitative microstructure data. Image analysis is the classic way to get these data. This paper reviews the practical use and progresses of this old technique in the sintering literature during the past and recent years. The place of basic tools and more recent ones, such as 3D imaging, are discussed from a practical point of view accounting from sintering models needs: mean size and size distributions in pores and grains, homogeneity, sintering trajectories…

Technology and the management imagination

2005 ◽  
Vol 13 (3) ◽  
pp. 533-563 ◽  
Author(s):  
Fred Phillips
Keyword(s):  
Corporate Culture ◽  
Point Of View ◽  
Local Culture ◽  
Social Consensus ◽  
Practical Point ◽  
Research Questions ◽  
Crisis Managers

This paper explores the evolution of the techno-management imagination (TMI). This is the process by which, in times of crisis, managers think not just out of the box, but out of the very reality in which the box resides. Tacit social consensus, also known as corporate culture, can lead to a shared, implicit, and incorrect view that certain actions are impossible. TMI transcends local culture, accessing technological solutions that are unknown and/or unimagined. Members of the organization tend to call such solutions “magic”. The paper looks at social, perceptual, and managerial aspects of magic from a practical point of view that is grounded in research. It examines the risks of TMI, and concludes with suggested perspectives and research questions for management scientists and cognitive scientists.

Towards a New Model of Conversion Careers: the Impact of Personality and Contingency Factors

Exchange ◽  
2005 ◽  
Vol 34 (2) ◽  
pp. 149-166 ◽  
Author(s):  
Henri Gooren
Keyword(s):  
Religious Conversion ◽  
Religious Affiliation ◽  
Point Of View ◽  
Small Scale ◽  
Central Question ◽  
Roman Catholicism ◽  
Guatemala City ◽  
Practical Point ◽  
The Poor ◽  
The Impact

AbstractThe central question of this article — why people may change their religious affiliation or become disaffiliated — is relevant from both an academic and a practical point of view. The article makes first an inventory of existing literature on religious conversion. Next I sketch the contours of the new conversion careers approach I am currently working on. I make some comparisons with a region that is not usually mentioned in the literature on conversion: Latin America. These comparisons are based on my earlier fieldwork on Roman Catholicism, Pentecostalism, and Mormonism in Costa Rica and Guatemala (H. Gooren, Rich among the Poor: Church, Firm, and Household among Small-scale Entrepreneurs in Guatemala City, Amsterdam: Thela Thesis 1999).

DURATION OF ACARICIDAL ACTION OF THE DRUG «KENEM» AND ECONOMIC JUSTIFICATION FOR THE PROTECTION OF CATTLE FROM IXODIC MITES

Habarshy ◽  
2021 ◽  
pp. 50-60
Author(s):  
A.B. Myrzhiyeva ◽  
M.Zh Suleimenov ◽  
Uslu Ugur ◽  
A.S. Ibazhanova ◽  
L.O Zhanteliyeva L.O
Keyword(s):  
Economic Feasibility ◽  
Point Of View ◽  
Scientific Article ◽  
Special Equipment ◽  
Practical Point ◽  
Acaricidal Efficacy ◽  
Economic Justification ◽  
Long Duration ◽  
Similar Drug ◽  
The Cost

The scientific article presents the duration of acaricidal effect of «Kenem» drug, and its economic feasibility for protecting cattle against ixodic ticks. As a result of the study, the acaricidal efficacy and the duration of the residual acaricidal effect of drugs are important components in the planning of anti-tick measures. From a practical point of view, the economic feasibility of treating cattle against ixodic ticks in the presented conditions of acaricides in the southern regions is considered important. Despite the fact that the cost of the drug per 100 head exceeds the cost of a similar drug by 1 788.15 tenge, the frequency of its use is less, and additional installations are not required. This is due to the long duration of residual acaricidal effect of Kenem, which is 30 days, which allows to reduce the number of therapeutic measures.When calculating the economic feasibility for the use of acaricides to protect cattle against ixodic ticks, the most convenient way to prevent the sucking of ixodic ticks to animals is the local application of Kenem, which does not require special equipment and special skills of technical staff. Drug duration is 30 days, therefore the cost of its use for the entire season of active ticks per 1 animal is 44% cheaper, compared to veteran, i.e. 1,421.4 tenge.

Warm-up as part of a training session

2021 ◽  
pp. 89-98
Author(s):  
Е.И. Чучкалова ◽  
О.Г. Маскина
Keyword(s):  
Higher Education ◽  
Training Session ◽  
Practical Experience ◽  
Structural Features ◽  
Educational Process ◽  
Point Of View ◽  
Educational Organizations ◽  
Business Training ◽  
Warm Up ◽  
Teachers And Students

Статья посвящена организации учебного процесса в высшей школе. Авторы, в частности, считают, что лекционные и практические занятия должны начинаться и заканчиваться разминкой, подразумевающей выполнение коротких упражнений. С помощью специально проведенного исследования в работе анализируются структурные особенности учебных разминок, уточняются их отличия от бизнес-разминок, применяемых в ходе тренингов, а также рассматривается с содержательной и организационной точек зрения специфика применения разминок в высшей школе. Выводы сделаны с учетом мнения преподавателей и студентов, уже имеющих опыт участия в разминках. Научная новизна публикации заключается в расширении представлений о возможностях, которые открываются при использовании разминок в учебном процессе. В статье проведена их классификация по различным критериям: виду активности, массовости, желаемому результату, формату проведения. Кроме того, автор обобщил собственный практический опыт использования инструментов бизнес-тренингов, накопленный в ходе подготовки бакалавров и магистрантов, привел примеры наиболее популярных упражнений в каждой группе матрицы разминок. Особое внимание уделено разминкам, сопровождающим вебинары, что продолжает оставаться чрезвычайно актуальным в свете современного перехода на смешанный формат обучения в профессиональном образовании. Статья предназначена для преподавателей и студентов высших и средних профессиональных образовательных организаций. The article focuses on the organization of the educational process in higher education. The author, in particular, believes that lectures and practical classes should begin and end with a warm-up, which implies doing short exercises. With the help of specially conducted research, the paper analyzes the structural features of training warm-ups, clarifies their differences from business warm-ups used during training, and also considers the specifics of using warm-ups in higher education from a substantive and organizational point of view. The conclusions are made considering the opinions of teachers and students who already have experience of doing warm-ups. The scientific novelty of the publication lies in bringing better understanding of the opportunities that open up with using warm-ups in the educational process. The article classifies them according to various criteria: the type of activity, mass character, the desired result, the format of the event. In addition, the author summarized his own practical experience of using business training tools during the preparation of bachelors and undergraduates gave examples of the most popular exercises in each group of the warm-up matrix. Special attention is paid to the warm-ups accompanying webinars, which continues to be extremely relevant in the light of the modern transition to a mixed format of training in vocational education. The article is intended for teachers and students of higher and secondary professional educational organizations.

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