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Clustering in Ratemaking: Applications in Territories Clustering

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Clustering in Ratemaking: Applications in Territories Clustering

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    1. Clustering in Ratemaking: Applications in Territories Clustering 15th-18th June 2008 Ji Yao

    2. © Zurich - May 2008 2 Clustering in Ratemaking: Applications in Territories Clustering INTRODUCTION Introduces clustering and its application in insurance ratemaking Reviews clustering methods and their applicability in insurance ratemaking Proposes the EAH clustering method and illustrates this method step-by-step using U.K. motor data Discusses some other considerations in clustering Questions

    3. © Zurich - May 2008 3 Clustering in Ratemaking: Applications in Territories Clustering OVERVIEW OF CLUSTERING

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