Clemente, Carina; Guerreiro, Gracinda R.; Bravo, Jorge … - In: Risks : open access journal 11 (2023) 9, pp. 1-20
Modelling claim frequency and claim severity are topics of great interest in property-casualty insurance for supporting underwriting, ratemaking, and reserving actuarial decisions. Standard Generalized Linear Models (GLM) frequency-severity models assume a linear relationship between a function...