Starting with the actuarial illustration of McCullagh and Nedler (1989), the GLMs have become standard
industry practice for non-life insurance pricing. These models are defined as an extension of the Gaussian linear
models framework that is derived from the exponential family. The purpose of these models is to estimate an
interest variable ሺܻሻ depending on a certain number of explanatory variables ሺܺ݅ሻ.