Xie, Shengkun; Esposito, Emilio Xavier - In: Risks : open access journal 7 (2019) 2/42, pp. 1-20
equity of pure premium, as required by insurance regulation. To achieve this goal, the spatially-constrained clustering of … gap statistic are used to determine the initial number of clusters. This study illustrated the usefulness of the spatially-constrained … clustering approach in defining geographical rating territories for insurance rate regulation purposes. The significance of this …
