Data-enriched prediction of insurance risk

In this study, we examine the impact of big data and corresponding prediction techniques on insurance risk assessment. We demonstrate that both big data and the Least Absolute Shrinkage and Selection Operator (LASSO) approach, a modern predictor selection technique, effectively improve insurance ris...

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Bibliographic Details
Main Authors: Ruo Jia, Shaoran Li, Ye Yin
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2026-01-01
Series:Risk Sciences
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2950629825000189
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