Jamotten, Charlotte; Hainaut, Donatien; Hames, Thomas - In: Risks : open access journal 12 (2024) 9, pp. 1-28
The K-means algorithm and its variants are well-known clustering techniques. In actuarial applications, these …-established clustering methods to complex insurance datasets containing both categorical and numerical variables. To achieve this, we propose … heterogeneous insurance data. Additionally, we adapt spectral clustering, a technique based on graph theory that accommodates non …