GRA · Insurance Nexus
Spatial financeWhere capital meets hazard, exposure and transition
STEM foundation of Insurance Nexus
The science, technology, engineering and mathematics Insurance Nexus rests on. Each method has a canonical page in the STEM Commons, hosted by the Global Centre for Risk and Innovation (GCRI), and a page here on how it is applied in this field.
STEM foundation of Insurance Nexus in four parts.
The methods behind the field.
- 01Actuarial mathematicsLoss reserving with development triangles · Experience rating and credibilitySteward · Actuarial and Quantitative RiskApplied here
- 02Teoriya nirxên tund û xetera dûvêLarge-loss pricing for excess layers · Tail measures for solvency capitalSteward · Reinsurance and CatastropheApplied here
- 03Îhtîmal û statîstîkFrequency and severity modelling · Bayesian updating of assumptionsSteward · Systems Science and ModellingApplied here
- 04Zanista avhewa û atmosferêClimate-conditioned hazard catalogues · Supervisory climate stress scenariosSteward · Climate and HazardsApplied here
- 05Zîrekiya çêkirî û fêrbûna makîneyêExposure enrichment from imagery · Fraud and claims triage · Fairness testing of pricing modelsSteward · Artificial Intelligence and Autonomous SystemsApplied here
The STEM methods Insurance Nexus applies, and why.
- Actuarial mathematics in insuranceRole in Insurance NexusActuarial mathematics is the core discipline of insurance: it turns claims experience, exposure and assumptions into premiums, reserves and capital.
- Extreme value theory for insurance tailsRole in Insurance NexusExtreme value theory gives the tail of the loss distribution its shape: how large a rare event loss may be, how losses accumulate in a bad year, and how uncertain those estimates become beyond the record.
- Insurance statistics and claims modellingRole in Insurance NexusProbability and statistics provide the language of insurance: frequency and severity, dependence, credibility and uncertainty.
- Climate science for insurance hazardRole in Insurance NexusClimate and atmospheric science explains how the hazards that drive insured loss are changing: storms, floods, heat, drought, wildfire and sea level.
- Machine learning in insuranceRole in Insurance NexusArtificial intelligence and machine learning are used in insurance to read images and documents, detect fraud, triage claims, enrich exposure data and segment risk.
Each Insurance Nexus method is described once in the STEM Commons at GCRI and applied here to insured and uninsured loss, insurability and the capital view of catastrophe risk.
Grounding makes claims checkable.
When a finding names the methods it depends on, a reader can see its assumptions and limits, and an expert in that method can challenge it.
Where this page’s references lead.
Sazî û belgeyên ku ev rûpel li hember wan tê xwendin. Rewş û çap diguherin; her girêdan diçe ba saziya derxistinê.
Pages in STEM foundation of Insurance Nexus.
Pirs û bersiv.
What is a steward platform?
Ji vê rûpelê delîl bidin.
rêzeya Pergalên Stratejîk is the Consortium’s quarterly publication. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work.
- E-nameGateway GW-GRAJi vê rûpelê bişîninDelîl, rastkirin, doz, rêbaz, nirxandin, wergerandin an têketina profîlê. Bi nîşana vê rûpelê digihîje, ji ber vê yekê edîtorê xwediyê wê wê bistîne.
- ZenodoDepoya vekirîWê razînin û ji civakê re bişîninTomara xwe li Zenodo bi ORCID iD ya xwe biweşînin, paşê wê li wir ji civaka Reports re bişînin. Kurator wê vedikolin; DOI ya we dimîne.
- rêzeya Pergalên StratejîkGlobal Risks AllianceHemû rêyên beşdariyê bibîneCureyên beşdariyê, her yek çawa tê nirxandin, tu çi navlêkirinê distînî, lîsans û tiştê ku qet nayê qebûlkirin.
Tu carî daneyên şexsî, hûrgiliyên binesaza hesas an tiştekî ku mafê we yê parvekirinê tune ne neşînin. Beşdarî berî bikaranînê tê nirxandin; şandina wê nivîskarî an mafên edîtorî nade û sponsorî tu carî encamekê nakire.
Bring an exposure or capital question to the Alliance.
Agahî û pirs îro vekirî ne. Pirsek referansekê distîne û gava piştî wê dide nasîn; serlêdan, drav, veqetandina hesabkirinê û tomarkirin tenê dema ku tîm, mercên wê û kapasîteya vekolînê hebin vedibin.
Belgeyên hiqûqî.
Nexşe, dane û jimarên vê malperê ji bo çarçoveyê û agahiyên giştî têne nîşandan. Ew ne şîret, ne pêşbînî û ne hişyarî ne; sînorên agahiyê di Daxuyaniyên Berpirsiyariyê û Daxuyaniyên Daneyê de hatine diyarkirin.