MULTIVARIATE CREDIBILITY FOR AGGREGATE LOSS MODELS

@inproceedings{Frees2001MULTIVARIATECF,
  title={MULTIVARIATE CREDIBILITY FOR AGGREGATE LOSS MODELS},
  author={Edward W. Frees},
  year={2001}
}
Multivariate Credibility for Aggregate Loss Models Credibility is a form of insurance pricing that is widely used, particularly in North America. It is a special type of experience rating that employs a weighted average of claims experience and a previously established price to determine a new price, for each risk class under consideration. This article extends traditional credibility formulas in two aspects. The new procedures are called “multivariate credibility” because both aspects make use… CONTINUE READING

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