Statistical modeling of premium pricing: the Malaysian motor insurance experience
This study proposes a statistical modeling for determining the price of motor insurance. The premium pricing, which is tailored to the regulation and economic environment of the Malaysian insurance industry, gives equal weights to both technical and practical elements. The technical element focus...
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2007
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my-ukm.journal.18312011-06-15T02:16:19Z http://journalarticle.ukm.my/1831/ Statistical modeling of premium pricing: the Malaysian motor insurance experience Noriszura Ismail , Abdul Aziz Jemain, This study proposes a statistical modeling for determining the price of motor insurance. The premium pricing, which is tailored to the regulation and economic environment of the Malaysian insurance industry, gives equal weights to both technical and practical elements. The technical element focuses on statistical modeling of claim frequency and claim cost, whereas the practical element centers on combining claims experience with both inflations and expenses Penerbit ukm 2007-07 Article PeerReviewed Noriszura Ismail , and Abdul Aziz Jemain, (2007) Statistical modeling of premium pricing: the Malaysian motor insurance experience. Journal of Quality Measurement and Analysis, 3 (1). pp. 9-22. ISSN 1823-5670 http://www.ukm.my/~ppsmfst/jqma/index.html |
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Malaysia |
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description |
This study proposes a statistical modeling for determining the price of motor insurance. The
premium pricing, which is tailored to the regulation and economic environment of the
Malaysian insurance industry, gives equal weights to both technical and practical elements.
The technical element focuses on statistical modeling of claim frequency and claim cost,
whereas the practical element centers on combining claims experience with both inflations and
expenses |
format |
Article |
author |
Noriszura Ismail , Abdul Aziz Jemain, |
spellingShingle |
Noriszura Ismail , Abdul Aziz Jemain, Statistical modeling of premium pricing: the Malaysian motor insurance experience |
author_facet |
Noriszura Ismail , Abdul Aziz Jemain, |
author_sort |
Noriszura Ismail , |
title |
Statistical modeling of premium pricing: the Malaysian
motor insurance experience
|
title_short |
Statistical modeling of premium pricing: the Malaysian
motor insurance experience
|
title_full |
Statistical modeling of premium pricing: the Malaysian
motor insurance experience
|
title_fullStr |
Statistical modeling of premium pricing: the Malaysian
motor insurance experience
|
title_full_unstemmed |
Statistical modeling of premium pricing: the Malaysian
motor insurance experience
|
title_sort |
statistical modeling of premium pricing: the malaysian
motor insurance experience |
publisher |
Penerbit ukm |
publishDate |
2007 |
url |
http://journalarticle.ukm.my/1831/ http://www.ukm.my/~ppsmfst/jqma/index.html |
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1643735170018181120 |
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13.251813 |