Bayesian Estimations in Insurance Theory and Practice
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F12%3A39894992" target="_blank" >RIV/00216275:25410/12:39894992 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Bayesian Estimations in Insurance Theory and Practice
Original language description
This paper explains the Bayesian version of estimation as a method for calculating credibility premium or credibility number of claims for short-term insurance contracts using two ingredients: past data on the risk itself and collateral data from other sources considered to be relevant. The Poisson/gamma model to estimate the claim frequency for portfolio of policies and Normal/normal model to estimate the pure premium are explained and applied.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
BB - Applied statistics, operational research
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Advances in Mathematical and Computational Methods: proceedings of the 14th WSEAS International Conference on Mathematical and Computational methods in Science and Engeneering
ISBN
978-1-61804-117-3
ISSN
2227-4588
e-ISSN
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Number of pages
5
Pages from-to
127-131
Publisher name
WSEAS Press
Place of publication
Stevens Point
Event location
Sliema
Event date
Sep 7, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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