The Fairness of Machine Learning in Insurance: New Rags for an Old Man?

@article{Barry2022TheFO,
  title={The Fairness of Machine Learning in Insurance: New Rags for an Old Man?},
  author={Laurence Barry and Arthur Charpentier},
  journal={ArXiv},
  year={2022},
  volume={abs/2205.08112}
}
Since the beginning of their history, insurers have been known to use data to classify and price risks. As such, they were confronted early on with the problem of fairness and discrimination associated with data. This issue is becoming increasingly important with access to more granular and behavioural data, and is evolving to reflect current technologies and societal concerns. By looking into earlier debates on discrimination, we show that some algorithmic biases are a renewed version of older… 

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