Bayesian estimation of premium rates in motor insurance with selected loss functions Cover Image

Bayesowskie szacowanie stawek składki w ubezpieczeniach komunikacyjnych z wybranymi funkcjami straty
Bayesian estimation of premium rates in motor insurance with selected loss functions

Author(s): Anna Edyta Szymańska
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Rates of premiums; Bayes estimator; claim frequency; civil responsibility car insurance

Summary/Abstract: Motor insurance is a large part of the portfolio of property insurance of most insurance companies. Therefore, in the case of motor vehicle insurance the problem of premium calculation is particularly important. This paper presents an application of Bayesian methods to determine the increases and reductions in a posteriori tariffs. An attempt of the evaluation whether the loss function influences values of estimators of premium rates was made.

  • Issue Year: 2013
  • Issue No: 323
  • Page Range: 347-356
  • Page Count: 10
  • Language: Polish