Product Description
Given the risk characteristics and the observed claim cost for the experience period, this book describes some ways in which statistical methods can be used in the calculation of net premiums for individual groups having non-identical risk characteristics and credibility generally less than one. The applications result in unique credibility formulas that take into account the individual characteristics, and are expected to provide adequate, equita... More >>
Effective Statistical Methods for Group Insurance
Tags: Methods, Insurance, credibility, Product, statistical methods, Statistical, Risk
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