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Credibility premium for rate-making systems.

Authors :
Najafabadi, Amir T. Payandeh
Atatalab, Fatemeh
Najafabadi, Maryam Omidi
Source :
Communications in Statistics: Theory & Methods. 2017, Vol. 46 Issue 1, p415-426. 12p.
Publication Year :
2017

Abstract

Credibility formula has been developed in many fields of actuarial sciences. Based upon Payandeh (2010), this article extends concept of credibility formula to relatively premium of a given rate-making system. More precisely, it calculates Payandeh’s (2010) credibility factor for zero-inflated Poisson gamma distributions with respect to several loss functions. A comparison study has been given. [ABSTRACT FROM PUBLISHER]

Subjects

Subjects :
*NUMERICAL calculations
*POISSON distribution
*ZERO-inflated probability distribution
*GAMMA distributions
*LOSS functions (Statistics)

Details

Language :
English
ISSN :
03610926
Volume :
46
Issue :
1
Database :
Academic Search Index
Journal :
Communications in Statistics: Theory & Methods
Publication Type :
Academic Journal
Accession number :
118482934
Full Text :
https://doi.org/10.1080/03610926.2014.995823
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