Home equity insurance policies, policies insuring homeowners against declines in the price of their homes, would bear … some resemblance both to ordinary insurance and to financial hedging vehicles. A menu of choices for the design of such … insurance company in effect serves as a retailer to homeowners of short positions in real estate futures markets or of put …

In insurance rate-making, the use of statistical machine learning techniques such as artificial neural networks (ANN …) is an emerging approach, and many insurance companies have been using them for pricing. However, due to the complexity of … model specification and its implementation, model explainability may be essential to meet insurance pricing transparency for …