KAFKOVÁ, Silvie. Credibility Theory and Its Using In Insurance Practice. In Oleg Deev, Veronika Kajurová, Jan Krajíček. European Financial Systems 2013. Proceedings of the10th International Scientific Conference. Brno: Masaryk University, 2013. p. 153-157, 5 pp. ISBN 978-80-210-6294-8.
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Basic information
Original name Credibility Theory and Its Using In Insurance Practice
Authors KAFKOVÁ, Silvie (203 Czech Republic, guarantor, belonging to the institution).
Edition Brno, European Financial Systems 2013. Proceedings of the10th International Scientific Conference, p. 153-157, 5 pp. 2013.
Publisher Masaryk University
Other information
Original language English
Type of outcome Proceedings paper
Field of Study 10103 Statistics and probability
Country of publisher Czech Republic
Confidentiality degree is not subject to a state or trade secret
Publication form printed version "print"
RIV identification code RIV/00216224:14560/13:00069299
Organization unit Faculty of Economics and Administration
ISBN 978-80-210-6294-8
UT WoS 000324654400021
Keywords in English Bühlmamann model; premium; theory of credibility
Tags Reviewed
Changed by Changed by: Mgr. Daniela Marcollová, učo 111148. Changed: 28/3/2014 13:30.
Abstract
The subject of this paper is to introduce the theory of credibility. First, risk factor for policyholders is defined. Then sorts of premium are described and the credibility premium is introduced as a linear function of the past data. The simplest credibility model, the Bühlmann model, is shown. It is tryed to use for the determination of the amount of premium. The model example is solved with the use of mathematical and statistical methods.
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