Stan in Insurance Workshop
Stan in Insurance Workshop Tuesday 17 July 2018
[08:30-09:00] Registration
[9:00 - 10:30] Eric Novik
- Intro to Stan, including:
- Coding linear regression to assess wine quality
- Demonstrating important parts of the Stan program
- Doing some basic posterior predicting checking
- Introduction to calibration and model comparison
- Introduction to making decisions with Bayesian models
[10:30 - 11:00] Coffee
[11:00 - 12:30] Paul-Christian Bürkner
- From classical GLMs to multi-level models
- Comparing classical GLMs with bayesian GLMs using rstanarm
- Building more complex multi-level models using brms
- Examples from pricing and claims reserving
[12:30 - 13:30] Lunch
[13:30 - 14:30] Mick Cooney & Jake Morris
- Case studies from the insurance industry
- Loss development curves in Stan (Mick Cooney)
- Hierarchical compartmental reserving models (Jake Morris)
[14:30 - 15:00] Coffee
[15:00 - 17:00] Working in groups with support of the presenters
- Work on your own problems or work through on of the following examples: