Property Insurance Analytics (ISE 547)
Loss ratio analysis, peril composition, and premium/loss aggregation using ISO property insurance data.
This project explores property insurance data provided by ISO (Insurance Services Office), focusing on the analysis of earned premiums and loss-adjusted expenses (LAE) across geographic granularities (state and ZIP code) and peril types (type of loss, TOL).
Key objectives include:
- Aggregating earned premium and loss+LAE by state and ZIP code across multiple policy years.
- Computing loss ratios to assess the financial performance of insurance portfolios.
- Analyzing the composition of losses by TOL (type of loss / peril) to understand which perils drive total claims.
- Building SAS-based workflows for reproducible, year-level and geography-level reporting.
This project is part of ISE 547 at USC.
Project Updates
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Personal vs. Commercial Insurance
A comparison of personal and commercial lines of property-casualty insurance: coverage, pricing, and data structure.