Open access
Oct 2026
Forecasting Variable Insurance Surrender Rates in Korea: Explainable Machine Learning and Macro‐financial Transmission
Out‐of‐sample SHAP analysis indicates that business cycle conditions, interest rates, surrender‐history variables, and selected insurance‐industry characteristics receive substantial but product‐specific predictive attribution.
Changki Kim, Keonwoong Shin, E. Thompson
· Asia‐Pacific Journal of Fina... · 0 citations