On the use of case estimate and transactional payment data in neural networks for individual loss reserving
arXiv:2601.05274v1 Announce Type: cross Abstract: The use of neural networks trained on individual claims data has become increasingly popular in the actuarial reserving literature. We consider how to best input historical payment data in neural network models. Additionally, case estimates are also available in the format of a time series, and we extend our analysis to assessing their predictive power. In this paper, we compare a feed-forward neural network trained on summarised transactions to a recurrent neural network […]