• Corpus ID: 18429744

Neural Networks Ν. Glms in Pricing General Insurance

@inproceedings{Chairman2004NeuralN,
  title={Neural Networks Ν. Glms in Pricing General Insurance},
  author={Julian Lowe Chairman and Louise Pryor},
  year={2004}
}
1. Executive Summary Neural Networks are often referred to, with awe, as some mysterious representation of the human brain that can "solve" problems. They have also been referred to in previous GISG papers as having potential applications to general insurance pricing or reserving. The purpose of this paper is to remove some of this awe by explaining what Neural Networks are, how they compare with traditional statistical models, and consider what scope there is for their use in general insurance… 
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