Why Go Spectral?
Why Go Spectral? Harnessing Spectral Pricing Rules in Strategic Portfolio Management explains the advantages of using spectral (SRM) pricing rules in insurance pricing and planning. Tailored for actuaries engaged in capital modeling, individual risk, reinsurance, and strategic planning, this presentation illustrates how SRM rules not only generalize traditional methods like CoXTVaR but also effectively address their limitations. Instead of prescribing a single solution, SRM methods offer a spectrum of results, each tailored to different risk appetites.
Illustrated with a compelling case study, the presentation demonstrates SRM’s utility in problems such as diversifying risk pricing and reinsurance evaluation. Readers will acquire the expertise to implement SRM in their work the ability to explain its results to business stakeholders.
Incorporate SRM rules in your pricing work to align more closely with your organization’s risk appetite and strategic goals!