In this paper, we compare different spatial models for modelling the risk premium for water damage insurance on the level of the policyholder. We evaluate four models that take the spatial variability into account: (1) the Intrinsic Conditional Auto-Regressive (ICAR) model; (2) the Besag, York,...

Customer relationship management and marketing analytics have become critical for nonlife insurers operating in highly competitive markets. As it is easier to develop an existing customer than to acquire a new one, cross-selling and retention are key activities. In this research, we focus on...

In this paper, we consider a two-dimensional risk process in which the companies split each claim and premium in a fixed proportion. It serves as a classical framework of a quota-share reinsurance contract for a given business line. Such a contract reduces the insurer's exposure to the...