The effective management of uncertainty and complexity in premium pricing and reserve accumulation processes provide new challenges to the decision- and policy- makers. In this regard, the implementation of complex mathematical tools and advanced statistical techniques is highly acquired. Over...

In the last three decades, a variety of stochastic reserving models has been proposed in the general insurance literature mainly using (or reproducing) the eminent Chain-Ladder claims reserving estimates. In practice, when the data doesn't satisfy the Chain-Ladder assumptions, high prediction...