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RISK FACTORS SELECTION WITH DATA MINING METHODS FOR INSURANCE PREMIUM RATEMAKING [PDF]
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2020 Insurance companies that have adopted the application of data mining methods in their business have become more competitive in the insurance market. Data mining methods provides the insurance industry with numerous advantages: shorter data processing ...
Amela Omerašević, Jasmina Selimović
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Determination of the optimal premium of non-life insurance via the Stochastic Dynamic Programming method [PDF]
مدیریت صنعتی, 2020 Objective: One of the most important issues facing insurance companies is the determination of fair premium. The purpose of this study is to design a mathematical model for calculating the optimal insurance premium by maximizing the total expected ...
Maryam Rostamian +3 more
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International Journal of Advanced Computer Science and Applications, 2021 Default in premium payments impacts significantly on the profitability of the insurance company. Therefore, predicting defaults in advance is very important for insurance companies.
Mohamed Hanafy Kotb, Ruixing Ming
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On retrospective insurance premium [PDF]
Applied Mathematical Sciences, 2021 In this paper we focus on the expected retrospective premium under equivalent representations. Some general properties related to extreme premia (minimum and maximum) are presented. The particular case of a risk with translated gamma distribution is discussed.
Campana, Antonella, Ferretti, Paola
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Fair insurance premium rate in connected SEIR model under epidemic outbreak
Mathematical Modelling of Natural Phenomena, 2021 In this paper, we aim to determine an optimal insurance premium rate for health-care in deterministic and stochastic SEIR models. The studied models consider two standard SEIR centres characterised by migration fluxes and vaccination of population.
A. Chernov, A. Shemendyuk, M. Kelbert
semanticscholar +1 more source
Economia Agro-Alimentare, 2021 Agricultural Insurance as an embodiment of farmer protection and empowerment is carried out with The Rice Farming Business Insurance (AUTP) facility with an insurance premium scheme by the Government of 80% and 20% by farmers. This study aims to simulate
Muhammad Yasir Yusuf +3 more
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The role of premium subsidies in crop insurance
PLoS ONE, 2021 This study develops a novel framework of heterogeneous producer attitudes towards risk to analyze different, stated and revealed, roles of crop insurance premium subsidies and underlying policy objectives of the government.
Charalampos Mavroutsikos +2 more
semanticscholar +1 more source
Last-Survivor Insurance Premium and Benefit Reserve Calculation using Gamma-Gompertz Mortality Law
Jurnal Matematika Integratif, 2022 When the insurance benefit of a last-survivor insurance product is payable at the moment of the last insured death, exploring continuous mortality models is essential to obtain the most appropriate premium and benefit reserve.
Ruhiyat Ruhiyat +3 more
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Premium adequacy risk management in non-life insurance [PDF]
Ekonomski Pogledi, 2015 The adequacy of insurance premium is vital to ensure the continuity of fulfillment the obligations of the insurance company. Factors, such as the inadequacy of models and data, the occurrence of catastrophic losses, changes in regulatory requirements and
Doganjić Jelena
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