Loss amount prediction from textual data using a double GLM with shrinkage and selection

DOI10.1007/S13385-021-00294-XzbMath1505.91335OpenAlexW3198541895MaRDI QIDQ2677931

Tapabrata Maiti, Scott Manski, Kaixu Yang, Gee Y. Lee

Publication date: 9 January 2023

Published in: European Actuarial Journal (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s13385-021-00294-x

zbMATH Keywords

loss reservingclaims predictiongamma double group Lassoinsurance analyticsword embedding matrixWord2vec

Mathematics Subject Classification ID

Applications of statistics to actuarial sciences and financial mathematics (62P05) Actuarial mathematics (91G05)

Uses Software

• glmnet
• gamair
• gglasso
• word2vec
• GloVe

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