Title :
Notice of Retraction
Analysis on application of data mining upon rate making and risk analysis in insurance
Author :
Jianbing Xiahou ; Yang Mu
Author_Institution :
Software Sch., Xiamen Univ., Xiamen, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
In this paper, we analysis data of insurance on motor vehicles of some branch of PICC P&C(Peoples Insurance Company of China). We compare the results of data mining approach and traditional approach, to demonstrate the advantage of the former. Data mining approach can process some parts of rate making automatically, adjust rate structure and build a rational rate making system in insurance. In addition, It contributes to the recognition of high-risk customer, thus the loss rate will be controlled.
Keywords :
data mining; insurance data processing; risk analysis; Peoples Insurance Company of China; data mining; insurance; motor vehicles; rate making; risk analysis; Accidents; Data analysis; Data mining; Exponential distribution; Gaussian distribution; Insurance; Law; Pricing; Risk analysis; Vehicles; Data mining; Rate making; risk analysis;
Conference_Titel :
Computer Engineering and Technology (ICCET), 2010 2nd International Conference on
Conference_Location :
Chengdu
Print_ISBN :
978-1-4244-6347-3
DOI :
10.1109/ICCET.2010.5485538
