Explainable artificial intelligence (xai) in insurance

E Owens, B Sheehan, M Mullins, M Cunneen, J Ressel… - Risks, 2022 - mdpi.com
Explainable Artificial Intelligence (XAI) models allow for a more transparent and
understandable relationship between humans and machines. The insurance industry …

[Retracted] Algorithm of Classroom Teaching Quality Evaluation Based on Markov Chain

T Yuan - Complexity, 2021 - Wiley Online Library
The Markov chain model teaching evaluation method is a quantitative analysis method
based on probability theory and stochastic process theory, which establishes a stochastic …

A hybrid deep learning method for optimal insurance strategies: Algorithms and convergence analysis

Z Jin, H Yang, G Yin - Insurance: Mathematics and Economics, 2021 - Elsevier
This paper develops a hybrid deep learning approach to find optimal reinsurance,
investment, and dividend strategies for an insurance company in a complex stochastic …

[HTML][HTML] Optimal risk sharing and dividend strategies under default contagion: A semi-analytical approach

M Qiu, Z Jin, S Li - Insurance: Mathematics and Economics, 2023 - Elsevier
We investigate the risk control and dividend optimization problem of an insurance group in a
general setting and propose an innovative semi-analytical approach to the problem. The …

The balance property in neural network modelling

MV Wüthrich - Statistical Theory and Related Fields, 2022 - Taylor & Francis
In estimation and prediction theory, considerable attention is paid to the question of having
unbiased estimators on a global population level. Recent developments in neural network …

On optimality of barrier dividend control under endogenous regime switching with application to Chapter 11 bankruptcy

W Wang, X Yu, X Zhou - Applied Mathematics & Optimization, 2024 - Springer
Motivated by recent developments in risk management based on the US bankruptcy code,
we revisit the De Finetti's optimal dividend problem by incorporating the reorganization …

A survey of numerical solutions for stochastic control problems: Some recent progress

Z Jin, M Qiu, KQ Tran, G Yin - Numerical Algebra, Control and …, 2022 - aimsciences.org
This paper presents a survey on some of the recent progress on numerical solutions for
controlled switching diffusions. We begin by recalling the basics of switching diffusions and …

Generating a decision support system for states in the USA via machine learning

H Ünözkan - Expert Systems with Applications, 2024 - Elsevier
In literature, many studies try to analyze healthcare usage and generated decision support
systems. In this paper, the aim is to generate a decision support system for insurance …

Blended insurance scheme: A synergistic conventional-index insurance mixture

J Zhang - Insurance: Mathematics and Economics, 2024 - Elsevier
Conventional indemnity-based insurance (“conventional insurance”) and index-based
insurance (“index insurance”) represent two primary insurance types, each harboring distinct …

Reinsurance with neural networks

A Arandjelović, J Eisenberg - arXiv preprint arXiv:2408.06168, 2024 - arxiv.org
We consider an insurance company which faces financial risk in the form of insurance
claims and market-dependent surplus fluctuations. The company aims to simultaneously …