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Managing the Insolvency Risk of Insurance Companies
. Ed(S): Cummins, J. David; Derrig, Richard A.
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Description for Managing the Insolvency Risk of Insurance Companies
Paperback. Proceedings of the Second International Conference on Insurance Solvency. Editor(s): Cummins, J. David; Derrig, Richard A. Series: Huebner International Series on Risk, Insurance and Economic Security. Num Pages: 343 pages, biography. BIC Classification: KFF; KJM. Category: (G) General (US: Trade). Dimension: 235 x 155 x 18. Weight in Grams: 534.
Two different applications have been considered, automobile claims from Massachusetts and health expenses from the Netherlands. We have fit 11 different distributions to these data. The distributions are conveniently nested within a single four parameter distribution, the generalized beta of the second type. This relationship facilitates analysis and comparisons. In both cases the GB2 provided the best fit and the Burr 3 is the best three parameter model. In the case of automobile claims, the flexibility of the GB2 provides a statistically siE;nificant improvement in fit over all other models. In the case of Dutch health expenses the improvement of ... Read more
Two different applications have been considered, automobile claims from Massachusetts and health expenses from the Netherlands. We have fit 11 different distributions to these data. The distributions are conveniently nested within a single four parameter distribution, the generalized beta of the second type. This relationship facilitates analysis and comparisons. In both cases the GB2 provided the best fit and the Burr 3 is the best three parameter model. In the case of automobile claims, the flexibility of the GB2 provides a statistically siE;nificant improvement in fit over all other models. In the case of Dutch health expenses the improvement of ... Read more
Product Details
Format
Paperback
Publication date
1991
Publisher
Springer Netherlands
Number of pages
343
Condition
New
Series
Huebner International Series on Risk, Insurance and Economic Security
Number of Pages
318
Place of Publication
Dordrecht, Netherlands
ISBN
9789401057264
SKU
V9789401057264
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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