Prediction of Outstanding Liabilities in Non-Life Insurance
نویسندگان
چکیده
منابع مشابه
Bayesian Modelling of Outstanding Liabilities in Non-Life Insurance
This dissertation focuses on the stochastic modelling of outstanding liabilities in non-life insurance, using Bayesian Statistics. Credible intervals and various statistical estimates can then be derived, whereas this is not the case with the numerical methods commonly used in the industry, such as the Chain Ladder, which only give point estimates. We ignore the claim numbers and concentrate on...
متن کاملCash flow generalisations of non-life insurance expert systems estimating outstanding liabilities
For as long as anyone remembers non-life insurance companies have used the so called chain ladder method to reserve for outstanding liabilities. When historical payments of claims are used as observations then chain ladder can be understood as estimating a multiplicative model. In most non-life insurance companies a mixture of paid data and expert knowledge, incurred data, is used as observatio...
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انتخاب نامساعد یکی از مشکلات اساسی در صنعت بیمه است. که ابتدا در سال 1960، توسط روتشیلد واستیگلیتز مورد بحث ومطالعه قرار گرفت ازآن موقع تاکنون بسیاری از پژوهشگران مدل های مختلفی را برای تجزیه و تحلیل تقاضا برای صنعت بیمه عمر که تماما ناشی از عدم قطعیت در این صنعت میباشد انجام داده اند .وهدف از آن پیدا کردن شرایطی است که تحت آن شرایط انتخاب یا کنار گذاشتن یک بیمه گزار به نفع و یا زیان شرکت بیمه ...
15 صفحه اولRisk-Minimization for Life Insurance Liabilities
In this paper we study the pricing and hedging of a very general class of life insurance liabilities by means of the risk-minimization approach. We find the price and risk-minimizing strategy in two cases, first in the case when the financial market consists only of one risky asset, e.g. a stock, and a bank account, and second in an extended financial market, allowing for investments in two add...
متن کاملPrediction of outstanding insurance claims ∗ Claudia
Building reserves for outstanding liabilities is an important issue in the financial statement of any insurance company. In this paper we present a new model for delay in claim settlement and to predict IBNR (incurred but not reported) claims. The modelling is based on a data set of a portfolio of car liability data, which describes the claim settlement of a car insurance portfolio. The data co...
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ژورنال
عنوان ژورنال: ASTIN Bulletin
سال: 1993
ISSN: 0515-0361,1783-1350
DOI: 10.2143/ast.23.1.2005103