Stochastic models and methods for quantifying extreme events are of interest in numerous disciplines. Within this paper, statistical prediction of extreme claims or losses in insurance industry is considered based on upper record values, which describe successively largest observations in a...

In this paper, we developed a Shiny-based application called AutoReserve. This application serves as a tool used for a variety of types of loss reserving. The primary target audience of the app is personal auto actuaries, who are professionals in the insurance industry specializing in assessing...

Unemployed workers suffer from poor health conditions, a fact which is documented by a large number of studies covering objective health measures, satisfaction with health status and mortality. This paper contributes to the literature with an empirical analysis of sick leave micro-data from...