Mixture Distributions in Modelling of Insurance Losses
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F13%3A39896766" target="_blank" >RIV/00216275:25410/13:39896766 - 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
Mixture Distributions in Modelling of Insurance Losses
Original language description
The concept of mixture distributions is an important one in insurance, since insurance companies generally deal with heterogeneous risks. It will be convenient for us to show how mixture distributions can be applied to claim numbers and to claim amountsmodelling. The motor compulsory third party liability insurance is an important branch of non-life insurance in many countries; therefore application of the theoretical results is performed on data from this field. Mixture distributions in insurance practice we use as the probability distributions of the two important variables. These are the number of claims N or claim amounts X in heterogeneous portfolios of insurance policies.
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
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Recent Advances in Applied Mathematics and Computational Methods in Engineering
ISBN
978-1-61804-200-2
ISSN
2227-4588
e-ISSN
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Number of pages
4
Pages from-to
122-125
Publisher name
WSEAS Press
Place of publication
Atény
Event location
Rhodos Island
Event date
Jul 16, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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