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afi-insurance-pricing

Code used as base for a talk on "Pricing models for insurance" given at AFI.

The two main files in src are:

  • AFI_Pricing_Modelling.ipynb: Contains the notebook that contains the analysis and modelling covered during the talk.
  • libafi_SGamez.py: Contains some preprocessing and visualization utilities.

Dataset

Data description from the R package. Available at: https://github.com/dutangc/CASdatasets/blob/master/pkg/man/freMTPL.Rd

freMTPLfreq (policy data) contains 10 columns:

  • PolicyID: The policy ID (used to link with the claims dataset).

  • ClaimNb: Number of claims during the exposure period.

  • Exposure: The period of exposure for a policy, in years.

  • Power: The power of the car (ordered categorical).

  • CarAge: The vehicle age, in years.

  • DriverAge: The driver age, in years (in France, people can drive a car at 18).

  • Brand: The car brand divided in the following groups: A- Renaut Nissan and Citroen, B- Volkswagen, Audi, Skoda and Seat, C- Opel, General Motors and Ford, D- Fiat, E- Mercedes Chrysler and BMW, F- Japanese (except Nissan) and Korean, G- other.

  • Gas: The car gas, Diesel or regular.

  • Region: The policy region in France (based on the 1970-2015 classification).

  • Density: The density of inhabitants (number of inhabitants per km2) in the city the driver of the car lives in. freMTPLsev contains 2 columns:

  • PolicyID: The occurence date (used to link with the contract dataset).

  • ClaimAmount: The cost of the claim, seen as at a recent date.

Acknowledgements

I would like to thank Luis Guerra for recommending me to give that talk, and sharing with me the contents of his previous sessions. I would also like to thank the AFI managment team for letting me share this code.

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