Abstract
Assessing performances of different models is essential in modelling processes. Many measures exist to determine these performances and draw conclusions. This FAQctuary compares the behaviour of three measures on different datasets. The measures under consideration are the integrated concentration curve, the deviance and the area under the curve (AUC).
Sector: Insurance
Expertise: XX
Authors: Louise d’Oultremont,
Michel Denuit and Julien Trufin
Publisher: Detralytics
Date: April 2021
Language: English
Pages: 10
Reference : FAQctuary 2021-1
About the authors
Louise D'Oultremont
Louise is People Lead and part of the Talent Consolidation Program (TCP). Prior to joining Detralytics, Louise did an internship at Axa Belgium, where she was in the risk pricing team. After a few years at Detralytics, Louise developed a solid knowledge in actuarial sciences. In particular, she worked on pricing and reserving in the fields of non-life and health insurance.
Michel Denuit
Michel is an Honorary Scientific Advisor at Detralytics, as well as a professor in actuarial science at the Université Catholique de Louvain. He has international experience as a visiting professor, and has promoted many projects in collaboration with the industry. At Detralytics, Michel coaches young talents, provides cutting-edge training, fosters innovation and oversees R&D projects.
Julien Trufin
Julien is a Scientific Advisor at Detralytics, as well as a professor in Actuarial Science at the department of mathematics of the Université Libre de Bruxelles. Julien has experience as a consultant and a strong academic background developed at prominent institutions, including Université Laval (Canada), UCL, and ULB (Belgium). At Detralytics, Julien coaches young talents, provide cutting-edge training, fosters innovation and oversees R&D projects.
