The Utility of the Credibility Theory

Gheorghe Lepadatu, Virginia Atanasiu and Mihaela Daniela Vladu
Additional contact information
Gheorghe Lepadatu: Christian University “Dimitrie Cantemir” Bucharest
Virginia Atanasiu: Academy of Economic Studies, Bucharest
Mihaela Daniela Vladu: Christian University “Dimitrie Cantemir” Bucharest

Romanian Statistical Review Supplement, 2012, vol. 60, issue 1, 15-21

Abstract: In this paper, we give the mathematical theory of the credibility model incorporating risk volumes. In the simple model of Section 1, we assumed that the risk volume was the same for all years. Often, in particular in reinsurance, one wants to allow for varying risk volumes, and for that purpose we introduced the following model.

Keywords: a ceded insurance portfolio; the total claim amount of year j; some measure of the risk volume in year j; the number of risks in the portfolio in year j; the credibility model incorporating risk volumes (search for similar items in EconPapers)
Date: 2012
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.revistadestatistica.ro/suplimente/2012/1/srrs1_2012a02.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:60:y:2012:i:1:p:15-21

Access Statistics for this article

More articles in Romanian Statistical Review Supplement from Romanian Statistical Review Contact information at EDIRC.
Bibliographic data for series maintained by Adrian Visoiu ().