Titlebook: Automobile Insurance; Actuarial Models Jean Lemaire Book 1985 Springer Science+Business Media B.V. 1985 Mobile.efficiency.insurance.regress

Foreshadow

Europespecified that the computation of the basic premium shall use the following criteria: characteristics of the car, geographical area, use of the car, and annual mileage. Approval has to be obtained for the use of other criteria.

欢乐东方

tangle

不成比例

GLEAN

978-90-481-5814-0Springer Science+Business Media B.V. 1985

galley

Use of the Results of a Sample Survey the driver’s native language, the number of accidents without policyholder’s liability, or the type of insurance coverage. These questions can be solved only if we obtain more information about the policyholders.

Synapse

Criticism of Regression Analysis Selection Methodsuencies and average costs, we must not forget that the statistical tests performed are based upon hypotheses that in practice are seldom valid (the regression equations obtained are valid, of course, with the parameters estimated by the least squares method).

演讲

弄脏

Allowance for Severity of Claimsre scratch causes the same premium increase as a serious bodily injury. Since we have shown that the variables “number” and “amount” of the claims are not independent, this procedure is unfair to town dwellers, who produce more, but less severe, accidents. A model that would take the cost of claims into account would be fairer.

残暴

https://doi.org/10.1007/978-3-8349-9042-6 other, it is fair to ask each member to pay a premium that is proportional to the risk that he imposes on the pool of risks. When constructing a tariff, it is important to estimate the underlying risk for each insured party so that the cost of claims can be shared fairly. Consequently, the main tas