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I had the great pleasure time to attend the Warsaw R meetup last Thursday. The organisers Olga Mierzwa and Przemyslaw Biecek had put together an event with a focus on R in Insurance (btw, there is a conference with the same name), discussing examples of pricing and reserving in general and life insurance.
Experience vs. DataI kicked off with some observations of the challenges in insurance pricing. Accidents are thankfully rare events, that’s why we buy insurance.
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