Modeling of individual insured accident risk for given motor-hull insurance portfolio
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F12%3A86082692" target="_blank" >RIV/61989100:27510/12:86082692 - 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
Modeling of individual insured accident risk for given motor-hull insurance portfolio
Original language description
Modelling of individual insured accident risk is important in terms of insurer?s business policy and risk managing. Firstly, the insurance company may want to differentiate the insurance premium in order to determine more fair insurance price and to gainnew policyholders. Secondly, the insured accident probability is used in order to estimate the insurance risk capital requirement within the SOLVENCY II. The paper is devoted to developing of a preliminary statistical count model appropriate to the modelling of insured accident probability for given motor-hull insurance portfolio in the Czech Republic. Firstly, the Poisson model is considered and because of the fact that the data violates the variance assumption, we turn to the negative-binomial model.To deal with the misspecified link function, we employ the fractional polynomials and finally, all models are compared by some statistical tests and by residual analysis.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GPP403%2F12%2FP692" target="_blank" >GPP403/12/P692: Managing and modelling of insurance risks within Solvency II</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
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
6th International Days of Statistics and Economics [Prague, Czech Republic, 2012]
ISBN
978-80-86175-86-7
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
1-9
Publisher name
Melandrium
Place of publication
Slaný
Event location
Praha
Event date
Sep 13, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000320722500107