Actuarial Modelling of Claim Counts: Risk Classification, Credibility and Bonus-Malus Systems - Image 1

£88.59

Wiley Actuarial Modelling of Claim Counts: Risk Classification, Credibility and Bonus-Malus Systems

Name: Actuarial Modelling of Claim Counts: Risk Classification, Credibility and Bonus-Malus Systems
Brand: Wiley
Price: 88.59 GBP
Availability: InStock

Illustrations

Insurance

About as cheap as it gets. The only time it was cheaper was 1 year ago.

£89 today · all-time low £86 (Apr 2025) · usually the usual

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 605 days • 605 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 605 days • 8 price levels

Days at Price

Current Price

Price Analysis

Most common price: £95 (176 days, 29.1%)

Price range: £86 - £95

Price levels: 8 different prices over 605 days

Description

There are a wide range of variables for actuaries to consider when calculating a motorist's insurance premium, such as age, gender and type of vehicle. Further to these factors, motorists' rates are subject to experience rating systems, including credibility mechanisms and Bonus Malus systems (BMSs). Actuarial Modelling of Claim Counts presents a comprehensive treatment of the various experience rating systems and their relationships with risk classification. The authors summarize the most recent developments in the field, presenting ratemaking systems, whilst taking into account exogenous information. The text: Offers the first self-contained, practical approach to a priori and a posteriori ratemaking in motor insurance. Discusses the issues of claim frequency and claim severity, multi-event systems, and the combinations of deductibles and BMSs. Introduces recent developments in actuarial science and exploits the generalised linear model and generalised linear mixed model to achieve risk classification. Presents credibility mechanisms as refinements of commercial BMSs. Provides practical applications with real data sets processed with SAS software. Actuarial Modelling of Claim Counts is essential reading for students in actuarial science, as well as practicing and academic actuaries. It is also ideally suited for professionals involved in the insurance industry, applied mathematicians, quantitative economists, financial engineers and statisticians.

Product Specifications

Brand: Wiley
Model: Illustrations
Format: hardcover
ASIN: 0470026774
Category: Books > Subjects > Business, Finance & Law > Professional Finance > Insurance
Domain: Amazon UK
Release Date: 10 August 2007
Listed Since: 13 February 2007

Barcode

No barcode data available

Wiley Actuarial Modelling of Claim Counts: Risk Classification, Credibility and Bonus-Malus Systems

About as cheap as it gets. The only time it was cheaper was 1 year ago.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Statistical and Probabilistic Methods in Actuarial Science (Chapman & Hall/CRC Series in Actuarial Science)

Weiss Ratings Guide to Property & Casualty Insurers, Fall 2016 (Financial Ratings)

Weiss Ratings Guide to Property & Casualty Insurers, Summer 2016 (Financial Ratings)

Intro Stats Applicat Insurance 2ed

Pricing in General Insurance (Chapman & Hall/CRC Series in Actuarial Science)

Analytics for Insurance: The Real Business of Big Data (The Wiley Finance Series)

Computation and Modelling in Insurance and Finance (International Series on Actuarial Science)

Sachversicherung §§ 142-149 (Großkommentare der Praxis)

Actuarial Loss Models: A Concise Introduction (Chapman & Hall/CRC Series in Actuarial Science)

Insurance and Risk Management Strategies: A Strategic Approach

Financial and Insurance Formulas

Claims Reserving in General Insurance (International Series on Actuarial Science)

Insurance, Biases, Discrimination and Fairness (Springer Actuarial)

An Introduction to Actuarial Studies, Second Edition

Actuarial Models: The Mathematics of Insurance, Second Edition

Managing the Insolvency Risk of Insurance Companies: Proceedings of the Second International Conference on Insurance Solvency: 12 (Huebner ... on Risk, Insurance and Economic Security, 12)

Nonlife Actuarial Models: Theory, Methods and Evaluation (International Series on Actuarial Science)

Loss Models: Further Topics (Wiley Series in Probability and Statistics)

Modern Actuarial Theory and Practice

Life Insurance in Europe: Risk Analysis and Market Challenges: 50 (Financial and Monetary Policy Studies, 50)

Managing the Insolvency Risk of Insurance Companies: Proceedings of the Second International Conference on Insurance Solvency: 12 (Huebner ... on Risk, Insurance and Economic Security, 12)

A Course in Credibility Theory and its Applications (Universitext)

Health Insurance: Basic Actuarial Models (EAA Series)

Modern Actuarial Risk Theory: Using R