On the Roles of Exposure Number in the Classical Credibility Theory

Li-Hua Lai

Journal of Insurance Issues, 1991, vol. 14, issue 1, 39-43

Abstract: Using the perturbation in the 1/N,M as the exposure number, the leading correction to the claim number in the Longley-Cook theory is obtained. It is found that the correction term can not be neglected for common situations.

Date: 1991
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