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When constructing parametric models to predict the cost of future claims, several important details have to be taken into account: (i) models should be designed to accommodate deductibles, policy limits, and coinsurance factors, (ii)…

统计方法学 · 统计学 2024-02-22 Chudamani Poudyal , Qian Zhao , Vytaras Brazauskas

Statistical modeling of claim severity distributions is essential in insurance and risk management, where achieving a balance between robustness and efficiency in parameter estimation is critical against model contaminations. Two \( L…

统计方法学 · 统计学 2024-12-16 Chudamani Poudyal , Gokarna R. Aryal , Keshav Pokhrel

With some regularity conditions maximum likelihood estimators (MLEs) always produce asymptotically optimal (in the sense of consistency, efficiency, sufficiency, and unbiasedness) estimators. But in general, the MLEs lead to non-robust…

统计方法学 · 统计学 2024-02-22 Chudamani Poudyal

Insurance loss data are usually in the form of left-truncation and right-censoring due to deductibles and policy limits respectively. This paper investigates the model uncertainty and selection procedure when various parametric models are…

统计方法学 · 统计学 2024-02-01 Qian Zhao , Sahadeb Upretee , Daoping Yu

Low-rank tensor models are widely used in statistics. However, most existing methods rely heavily on the assumption that data follows a sub-Gaussian distribution. To address the challenges associated with heavy-tailed distributions…

统计方法学 · 统计学 2025-09-16 Xiaoyu Zhang , Di Wang , Guodong Li , Defeng Sun

We consider the problem of robustifying high-dimensional structured estimation. Robust techniques are key in real-world applications which often involve outliers and data corruption. We focus on trimmed versions of structurally regularized…

机器学习 · 统计学 2017-08-22 Eunho Yang , Aurelie Lozano , Aleksandr Aravkin

The primary objective of this scholarly work is to develop two estimation procedures - maximum likelihood estimator (MLE) and method of trimmed moments (MTM) - for the mean and variance of lognormal insurance payment severity data sets…

统计方法学 · 统计学 2024-02-22 Chudamani Poudyal

The subject of tail estimation for randomly censored data from a heavy tailed distribution receives growing attention, motivated by applications for instance in actuarial statistics. The bias of the available estimators of the extreme value…

统计方法学 · 统计学 2017-05-19 Jan Beirlant , Gaonyalelwe Maribe , Andrehette Verster

Estimation of the extreme value index under right censoring is a fundamental problem in extreme value theory, with important applications in finance, insurance, and reliability. Classical integral estimators for Pareto-type tails typically…

统计理论 · 数学 2026-05-14 Abdelhakim Necir , Nour Elhouda Guesmia , Djamel Meraghni

There has been a surge of interest in developing robust estimators for models with heavy-tailed and bounded variance data in statistics and machine learning, while few works impose unbounded variance. This paper proposes two type of robust…

机器学习 · 统计学 2022-10-12 Lihu Xu , Fang Yao , Qiuran Yao , Huiming Zhang

This paper provides some extended results on estimating parameter matrix of several regression models when the covariate or response possesses weaker moment condition. We study the $M$-estimator of Fan et al. (Ann Stat 49(3):1239--1266,…

统计理论 · 数学 2022-09-08 Kangqiang Li , Songqiao Tang , Lixin Zhang

We consider (robust) inference in the context of a factor model for tensor-valued sequences. We study the consistency of the estimated common factors and loadings space when using estimators based on minimising quadratic loss functions.…

统计方法学 · 统计学 2023-08-29 Matteo Barigozzi , Yong He , Lingxiao Li , Lorenzo Trapani

In this paper, we propose a class of high breakdown point estimators for the linear regression model when the response variable contains censored observations. These estimators are robust against high-leverage outliers and they generalize…

统计理论 · 数学 2008-12-18 Matías Salibian-Barrera , Víctor J. Yohai

Truncated linear regression is a classical challenge in Statistics, wherein a label, $y = w^T x + \varepsilon$, and its corresponding feature vector, $x \in \mathbb{R}^k$, are only observed if the label falls in some subset $S \subseteq…

统计方法学 · 统计学 2022-08-26 Constantinos Daskalakis , Patroklos Stefanou , Rui Yao , Manolis Zampetakis

This paper presents a score-based weighted likelihood estimator (SWLE) for robust estimations of generalized linear model (GLM) for insurance loss data. The SWLE exhibits a limited sensitivity to the outliers, theoretically justifying its…

统计方法学 · 统计学 2022-04-25 Tsz Chai Fung

Numerous robust estimators exist as alternatives to the maximum likelihood estimator (MLE) when a completely observed ground-up loss severity sample dataset is available. However, the options for robust alternatives to MLE become…

统计方法学 · 统计学 2024-02-22 Chudamani Poudyal

We consider estimation of the extreme value index and extreme quantiles for heavy-tailed data that are right-censored. We study a general procedure of removing low importance observations in tail estimators. This trimming procedure is…

统计理论 · 数学 2021-05-13 Martin Bladt , Hansjoerg Albrecher , Jan Beirlant

A robust estimator for a wide family of mixtures of linear regression is presented. Robustness is based on the joint adoption of the Cluster Weighted Model and of an estimator based on trimming and restrictions. The selected model provides…

统计方法学 · 统计学 2015-02-05 L. A. Garcia-Escudero , A. Gordaliza , F. Greselin , S. Ingrassia , A. Mayo-Iscar

The classical B\"{u}hlmann credibility model has been widely applied to premium estimation for group insurance contracts and other insurance types. In this paper, we develop a robust B\"{u}hlmann credibility model using the winsorized…

应用统计 · 统计学 2024-07-23 Qian Zhao , Chudamani Poudyal

Analysis of random censored life-time data along with some related stochastic covariables is of great importance in many applied sciences like medical research, population studies and planning etc. The parametric estimation technique…

统计理论 · 数学 2019-05-09 Abhik Ghosh , Ayanendranath Basu
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