A Posteriori Risk Classification and Ratemaking with Random Effects in the Mixture-of-Experts Model
含随机效应的专家混合模型:事后风险分类与保险费率制定
A well-designed framework for risk classification and ratemaking in automobile insurance is key to insurers' profitability and risk management, while also ensuring that policyholders are charged a fair premium according to their risk profile. In this paper, we propose to adapt a flexible regression model, called the Mixed LRMoE, to the problem of a posteriori risk classification and ratemaking, where policyholder-level random effects are incorporated to better infer their…