Risks (Dec 2021)

Quantum Support Vector Regression for Disability Insurance

  • Boualem Djehiche,
  • Björn Löfdahl

DOI
https://doi.org/10.3390/risks9120216
Journal volume & issue
Vol. 9, no. 12
p. 216

Abstract

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We propose a hybrid classical-quantum approach for modeling transition probabilities in health and disability insurance. The modeling of logistic disability inception probabilities is formulated as a support vector regression problem. Using a quantum feature map, the data are mapped to quantum states belonging to a quantum feature space, where the associated kernel is determined by the inner product between the quantum states. This quantum kernel can be efficiently estimated on a quantum computer. We conduct experiments on the IBM Yorktown quantum computer, fitting the model to disability inception data from a Swedish insurance company.

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