![Modelling losses using an exponential-inverse Gaussian distribution [An article from: Insurance Mathematics and Economics]](http://www.insurance-news-direct.info/wp-content/plugins/wp-images/images/749df_Car_Insurance_51TSCGR0EVL._SL160_.jpg)
This digital document is a journal article from Insurance Mathematics and Economics, published by Elsevier in 2004. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
An exponential-inverse Gaussian distribution is used to model the claim size distribution. The distribution has shorter tails than the Pareto distribution and it is considered as a plausible model for data without large tails. We present the model allowing for covariates. Properties of the model are discussed. An EM algorithm is provided to fit the model. The algorithm is quite simple and programmable without need for any special functions. The model can be seen as a random effect model for exponential survival times regression. A real data application using a car-insurance company portfolio data is provided.
![Buy Modelling losses using an exponential-inverse Gaussian distribution [An article from: Insurance Mathematics and Economics]](http://www.insurance-news-direct.info/wp-content/plugins/wp-images/images/buy-now-big.gif)
List Price: $ 8.95
Price: $ 8.95
Video Jay Leno on the Progressive Automotive X PRIZE
Jay Leno on why the Progressive Automotive X PRIZE is so important.
Video Rating: 4 / 5

My Classic Car My Classic Car Season 6 My Classic Car Season 6

My Classic Car Season 6 by My Classic Car from My Classic Car Season 6
Genre : Automotive

![Heterogeneous INAR(1) model with application to car insurance [An article from: Insurance Mathematics and Economics] Reviews](http://www.insurance-news-direct.info/wp-content/plugins/wp-images/images/c27bc_Car_Insurance_51TSCGR0EVL._SL160_.jpg)





Leave a reply to Modelling losses using an exponential-inverse Gaussian distribution [An article from: Insurance Mathematics and Economics] Reviews