{"product_id":"actuarial-modelling-of-claim-counts","title":"Actuarial Modelling of Claim Counts","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). \u003cp\u003e\u003ci\u003eActuarial Modelling of Claim Counts\u003c\/i\u003e 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.\u003c\/p\u003e \u003cp\u003eThe text:\u003c\/p\u003e \u003cul\u003e\n\u003cli\u003eOffers the first self-contained, practical approach to a priori and a posteriori ratemaking in motor insurance.\u003c\/li\u003e\n\u003cli\u003eDiscusses the issues of claim frequency and claim severity, multi-event systems, and the combinations of deductibles and BMSs.\u003c\/li\u003e\n\u003cli\u003eIntroduces recent developments in actuarial science and exploits the generalised linear model and generalised linear mixed model to achieve risk classification.\u003c\/li\u003e\n\u003cli\u003ePresents credibility mechanisms as refinements of commercial BMSs.\u003c\/li\u003e\n\u003cli\u003eProvides practical applications with real data sets processed with SAS software.\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eActuarial Modelling of Claim Counts\u003c\/i\u003e 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.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54231702045016,"sku":"9780470026779","price":121.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780470026779.jpg?v=1778542236","url":"https:\/\/agendabookshop.com\/products\/actuarial-modelling-of-claim-counts","provider":"Agenda Bookshop","version":"1.0","type":"link"}