Trends in education, 2009 (vol. 2), issue 1

TVV 2009, 2(1):235-238

STOCHASTIC METHODS IN INSURANCE

URBANÍKOVÁ Marta

The contribution deals with the possibility of using the stochastic methods in insurance. The models are based on the probability distribution of a random variable representing the amount of claims. Particularly, Log-normal, Gama, Beta, Paret and compound Poisson distributions are used. These models allow for an effective calculation of a risk premium.

Keywords: Insurance, Probability distributions, amount of claimsl.

Published: July 1, 2009  Show citation

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
URBANÍKOVÁ, M. (2009). STOCHASTIC METHODS IN INSURANCE. Trends in education2(1), 235-238
Download citation

References

  1. CIPRA, T.: Poistná matematika teorie praxe a praxe. Praha Ekopress, 1999. 398 s. ISBN 80-86119-17-3.
  2. PACAKOVÁ, V. : Aplikovaná poistná štatistika. Bratislava ELITA, 2000. 248 s. ISBN 80-8044-073-5.
  3. URBANÍKOVÁ, M - VACULÍKOVÁ, Ľ.: Aktuárska matematika. Bratislava STU, 2006. 186 s. ISBN 80-227-2442-4.

This is an open access article distributed under the terms of the Creative Commons Attribution-ShareAlike 4.0 International License (CC BY-SA 4.0), which permits use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.