<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN">
<html><body style='font-family: Verdana,Geneva,sans-serif'>
<div>Dear colleagues,</div>
<div>
<p>You are cordially invited to the general <span class="m_5448320135740532138m_6472383400221921050il">seminar</span> organized by the Department of Mathematics, Atılım University.<br /><br />Our speaker is<strong> Kasırga Yıldırak </strong>from Hacettepe University.</p>
<p>The title of his talk is <strong>"<span style="font-size: small;">Agricultural Insurance Portfolio Risk Assessment</span>"</strong>. </p>
<p>You can find the abstract of the talk below.</p>
</div>
<div>
<p><strong> Abstract:</strong></p>
<div>
<div>
<h1 class="m_5546359529024213407entry-title"><strong><span style="font-size: small;">10 years of claims data collected by Turkish Agricultural Insurance Pool (TARSIM) is analyzed to build a portfolio risk management model for internal reporting, reinsurance pricing and actuarial pricing.</span><span style="font-size: small;">In order to reduce the dimension of data, product specific clusters, so called hazard regions, for hail, frost, flood, fire and storm are formed. Layer based spherical clustering methods where the layers are composed of location, number of policies issued, damage ratio and damage probability are used employing distance based spherical k-means, density based finite mixture von-Mises Fisher. Information obtained from clusters is used to build the loss distribution associated with entire portfolio. Loss distribution is estimated by Poisson-Gamma actuarial portfolio risk model to compute the economic capital, risk contributions, expected maximum loss and probable maximum loss.</span></strong></h1>
</div>
</div>
<div><strong> </strong></div>
<div>
<div><strong>Date: April 18, 2018</strong></div>
<p><strong>Time: <span class="m_5448320135740532138aBn"><span class="m_5448320135740532138aQJ"><span class="aBn"><span class="aQJ">15:40</span></span></span></span></strong></p>
<p><strong>Place: FEF 404</strong></p>
<div>With my best regards,</div>
<div> </div>
<div>Burcu Gülmez Temür</div>
</div>
</div>
<div> </div>
<div> </div>
<p><span style="color: #444444; font-family: 'Open Sans', sans-serif; font-size: 16px;"> </span></p>
</body></html>