Nested Stochastic Modeling for Insurance Companies

Abstract

As the insurance industry continues to move towards increasingly complex modeling of stochastic components, the computational burden of nested stochastic modeling grows exponentially. This monograph reviews major computational techniques and methedologies used in the industry and the academia to speed up nested simulations.

Runhuan Feng
Runhuan Feng

PhD, FSA, CERA

Professor

Director of Actuarial Science

H.P. Petit Professorial Scholar

State Farm Companies Foundation Scholar

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