In this ultimate episode we build a cash matching - fund investing - simulated claims model to design a workers compensation fund. We feed simulated claims experience scenarios (generated by a Generalized Pareto Distribution using recent claims data) into a linear programming model whose objective is to minimize contributions to fund capital subject to forward funding vehicles and matching claims with funding outcomes several years into the future of the fund. We discuss AI, multi-objective goal programming, and an approach to reporting on alternative funding models using visual aids and Exploratory Data Analysis of simulated funding designs.
- 8 күн бұрын
LIVE SESSION 7: simulating optimal design of a self-insurance fund
- Рет қаралды 15
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