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1. Clustering in Ratemaking: Applications in Territories Clustering 15th-18th June 2008
Ji Yao
2. © Zurich - May 2008 2 Clustering in Ratemaking: Applications in Territories Clustering INTRODUCTION
Introduces clustering and its application in insurance ratemaking
Reviews clustering methods and their applicability in insurance ratemaking
Proposes the EAH clustering method and illustrates this method step-by-step using U.K. motor data
Discusses some other considerations in clustering
Questions
3. © Zurich - May 2008 3 Clustering in Ratemaking: Applications in Territories Clustering OVERVIEW OF CLUSTERING