Bayesian Statistics Overview

This book first provides a review of various aspects of Bayesian statistics.

Claims Reserving Models

It then investigates three types of claims reserving models in the Bayesian framework: chain ladder models, basis expansion models involving a tail factor, and multivariate copula models.

Bayesian Inferential Methods

For the Bayesian inferential methods, this book largely relies on Stan, a specialized software environment which applies Hamiltonian Monte Carlo method and variational Bayes.