About this book
This book first provides a review of various aspects of Bayesian statistics. It then investigates three types of claims reserving models in the Bayesian framework: chain ladder models, basis expansion models involving a tail factor, and multivariate copula models. For the Bayesian inferential methods, this book largely relies on Stan, a specialized software environment which applies Hamiltonian Monte Carlo method and variational Bayes.
Non-life insurance claims reserving models Bayesian claims reserving models Basis expansion models Payments per claim incurred method Multivariate claims reserving model Markov chain Monte Carlo methods Stan Copulas