hlmann credibility;B$\"{u}$hlmann-Straub credibility;credibility;relative exposure volume;square root rule;"/> hlmann credibility;B$\"{u}$hlmann-Straub credibility;credibility;relative exposure volume;square root rule;"/> Estimating the Automobile Insurance Premium Based on Credibilities | Korea Science
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Estimating the Automobile Insurance Premium Based on Credibilities
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 Title & Authors
Estimating the Automobile Insurance Premium Based on Credibilities
Kim, Yeong-Hwa; Kim, Mi-Jung; Kim, Myung-Joon;
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 Abstract
Credibility theory is one of the most important theories of actuarial science to calculate the proper insurance premium. In this paper, the rule of relative exposure volume, the square root rule, the Bhlmann credibility and Bhlmann-Straub credibility with the basic concept of credibility have been introduced, Also, we estimate new premiums based on these methods for real data. As a result, the rule of relative exposure volume provides the highest accuracy.
 Keywords
Bhlmann credibility;Bhlmann-Straub credibility;credibility;relative exposure volume;square root rule;
 Language
Korean
 Cited by
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