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Record W4401768637 · doi:10.62051/thzkve81

Comprehensive Risk Assessment and Underwriting Investment Decision-Making Based on the EWM-TOPSIS Method

2024· article· en· W4401768637 on OpenAlexaboutno aff
Xiang Wang, Taiwei Gao, Zeyu Li

Bibliographic record

VenueTransactions on Economics Business and Management Research · 2024
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicInsurance and Financial Risk Management
Canadian institutionsnot available
Fundersnot available
KeywordsActuarial scienceUnderwritingProperty insuranceProfit (economics)BusinessTOPSISInsurance policyRisk analysis (engineering)Casualty insuranceOperations researchEconomicsEngineering

Abstract

fetched live from OpenAlex

The escalating frequency of extreme weather events poses a critical challenge for both property owners and insurers. Not only is property insurance becoming more costly, but it is also increasingly difficult to obtain. This article discusses how the best construction of the property insurance system to solve the profit crisis of the insurance company, The first task is to evaluate the serious weather in the area. Through search for related documents, the article determines the five remarkable features that describe serious weather events (temperature, precipitation, carbon dioxide concentration, humidity, air pressure), and then establish a risk evaluation system. In response to these indicators, use the EWM-TOPSIS method to evaluate 20 regions. The results of the K-MEANS cluster analysis are used to divide these areas into three categories: high risk, medium risk and low risk. By calculating the mathematical expectation of the insurance profit, it is expected to determine whether the area is worth investing, and put forward insurance pricing strategies in different risk areas, and develop insurance pricing models in different risk areas. Finally, two regions that have undergone two major weather events on different continents (Toronto in Canada and Queensland in Australia) use models to prove the feasibility of investment. The article also proposes that insurance owners can take some measures to affect the decision -making of insurance. Overall, through this model, it can help determine the areas that are most suitable for investment.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.922
Threshold uncertainty score0.835

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0010.000
Scholarly communication0.0010.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.081
GPT teacher head0.350
Teacher spread0.269 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2024
Admission routes1
Has abstractyes

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