Insurance analytics: prediction, explainability and fairness

This article was written jointly with Kjersti Aas (Norwegian Computing Center & Norwegian University of Science and Technology), Fei Huang (University of New South Wales) and Ronald Richman (Old Mutual Insure & University of the Witwatersrand), for the introduction of a special issue of the Annals of Actuarial Science. .The expanding application of advanced analytics in insurance has generated numerous opportunities, such as more accurate predictive modelling powered by Machine Learning and ...