Results 21 to 30 of about 447,527 (308)

Modern claim frequency and claim severity models: An application to the Russian motor own damage insurance market

open access: yesCogent Economics & Finance, 2017
During 2012–2015, the motor insurance in Russia received considerable attention both from the parts of the Russian government and from the insurance business. This was caused, in particular, by significant losses from the side of insurance companies that
Evgenii V. Gilenko, Elena A. Mironova
doaj   +1 more source

Modelling Catastrophe Claims with Left-Truncated Severity Distributions (Extended Version) [PDF]

open access: yesSSRN Electronic Journal, 2005
In this paper, we present a procedure for consistent estimation of the severity and frequency distributions based on incomplete insurance data and demonstrate that ignoring the thresholds leads to a serious underestimation of the ruin probabilities. The event frequency is modelled with a non-homogeneous Poisson process with a sinusoidal intensity rate ...
Anna Chernobai   +4 more
openaire   +2 more sources

Construction Claim Types and Causes for a Large-Scale Hydropower Project in Bhutan [PDF]

open access: yesJournal of Construction in Developing Countries, 2015
Hydropower construction projects are complex and uncertain, have long gestational periods and involve several parties. Furthermore, they require the integration of different components (Civil, Mechanical and Electrical) to work together as a single unit.
Bonaventura H.W. Hadikusumo   +1 more
doaj  

Actuarial Measures for Inverse Gaussian Distributed Claim Severity

open access: yesJurnal Matematika, Statistika dan Komputasi, 2023
An insurance company must be able to manage risks in the form of claims submitted by policyholders. There are several risk measures or actuarial measures that can be used to predict future risks and help companies prepare reserves. These actuarial measures are Value at Risk (VaR), Tail Value at Risk (TVaR), Tail Variance (TV), and Tail Variance Premium
Fauziah Rahmayanti   +1 more
openaire   +1 more source

Automatic damaged vehicle estimator using enhanced deep learning algorithm

open access: yesIntelligent Systems with Applications, 2023
Claim leakage costs insurance companies millions of dollars each year because of the disparity between the cost spent by allowance businesses and the accurate quantity that must be reimbursed.
Jihad Qaddour, Syeda Ayesha Siddiqa
doaj   +1 more source

Robust Estimation of the Tail Index of a Single Parameter Pareto Distribution from Grouped Data

open access: yesRisks
Numerous robust estimators exist as alternatives to the maximum likelihood estimator (MLE) when a completely observed ground-up loss severity sample dataset is available.
Chudamani Poudyal
doaj   +1 more source

Ruin Time and Severity for a Lévy Subordinator Claim Process: A Simple Approach

open access: yesRisks, 2013
This paper is concerned with an insurance risk model whose claim process is described by a Lévy subordinator process. Lévy-type risk models have been the object of much research in recent years. Our purpose is to present, in the case of a subordinator, a
Claude Lefèvre, Philippe Picard
doaj   +1 more source

Determinants of Cost Recovery Rate of Inpatient Cases: Evidence from Indonesian Public Hospitals

open access: yesJurnal Ilmiah Akuntansi, 2023
This study aims examine the influence of patient profile, severity, length of stay, and bed class for cost recovery rate (CRR) of inpatient cases in three Indonesian public hospitals located in Aceh Province, Indonesia.
Maqhfirah Rahayu   +2 more
doaj   +1 more source

Premium Pricing of Liability Insurance Using Random Sum Model [PDF]

open access: yes, 2017
Premium pricing is one of important activities in insurance. Nonlife insurance premium is calculated from expected value of historical data claims. The historical data claims are collected so that it forms a sum of independent random number which is ...
Kartikasari, M. D. (Mujiati)
core   +2 more sources

An internal model for measuring premium risk when determining solvency of non-life insurers [PDF]

open access: yesEkonomski Anali, 2018
Under contemporary dynamic approaches the solvency of insurance companies is determined by measuring the risks that threaten their business. This paper presents an internal model for measuring premium risk when evaluating the solvency of non ...
Kočović Jelena, Koprivica Marija
doaj   +1 more source

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