Project CEMAPRE internal
| Title | Pricing automobile insurance and the effects of technology advancement estimation |
| Participants | Renata Alcoforado, Agnieszka Bergel, Corina Constantinescu, Alfredo Egídio dos Reis (Principal Investigator), Véronique Maume-Deschamps, Weihong Ni, Eugenio V. Rodriguez-Martinez |
| Summary | This is a continuation of project approved for 2020. With an application of automobile insurance, this project would like to look at the current status of insurance industry in terms of new uncertainties brought by technology developments and dependence between claim frequency and size. It involves the research on dependence procedure between claim frequency and size, among claim arrivals as well as claim among clim severities. We do statistical estimation, Bayesian estimation, work with the EM Algorithm (Expectation-Maximization A.), corresponding credibility premium estimation and numerical application. |