PARETO CLAIM SEVERITY DISTRIBUTION AND DETERMINATION OF OPTIMAL RETENTION
One of the risk form in the insurance contract that the claims should be covered by an insurer. Generally, data of the claim severity are skewed to right and heavy tailed. In this thesis, the candidate distribution in accordance with data claim severity is a Pareto distribution. The values of claim...
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| Format: | Theses |
| Language: | Indonesia |
| Online Access: | https://digilib.itb.ac.id/gdl/view/20360 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
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