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Application of the Empirical Bayesian Credibility Models in Motor Third-party Liability Insurance

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F15%3A39900099" target="_blank" >RIV/00216275:25410/15:39900099 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Application of the Empirical Bayesian Credibility Models in Motor Third-party Liability Insurance

  • Original language description

    Empirical Bayes credibility theory is a set of techniques for calculating premiums for short term insurance contracts using two ingredients: past data from the risk itself and collateral data from other sources considered to be relevant. In this articlewe deal with application of the Bühlmann and Bühlmann-Straub empirical Bayesian credibility models based on the real data from the selected insurance companies that provide motor third-party liability insurance on the Czech insurance market.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    BB - Applied statistics, operational research

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2015

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Financial Management of Firms and Financial Institutions: 10th International Scientific Conference Proceedings

  • ISBN

    978-80-248-3865-6

  • ISSN

    2336-162X

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    942-949

  • Publisher name

    Vysoká škola báňská-Technická univerzita Ostrava

  • Place of publication

    Ostrava

  • Event location

    Ostrava

  • Event date

    Sep 7, 2015

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article