CEO John McGarry presents on predictive analytics for life insurance looking and theory and applications of survival analysis, https://www.soa.org/Files/Pd/2015/annual-meeting/pd-2015-10-annual-session-184.pdf
SOA 2015 Session 184 Presentation
Session 184: Survival Analysis Annual Meeting 2015
Introduction
- Survival analysis quantifies the risk of decrements from a population for one or more events
- Hazard ratio, relative risk to base
- Survival time, average time to event
- Survival rate, probability of survival to time
- Used across multiple disciplines
- Survival–Clinical Medicine
- Reliability/Failure -Engineering
- Event History –Sociology
- Duration –Economics
- Insurance
- Persistence
- Claim Continuation