Björkwall, Susanna; Hössjer, Ola; Ohlsson, Esbjörn; … - In: Insurance: Mathematics and Economics 49 (2011) 1, pp. 27-37
In this paper, we continue the development of the ideas introduced in England and Verrall (2001) by suggesting the use of a reparameterized version of the generalized linear model (GLM) which is frequently used in stochastic claims reserving. This model enables us to smooth the origin,...