AN ESTIMATION OF THE OUTSTANDING CLAIMS LIABILITY USING THE LEVELED CHAIN LADDER MODEL WITH GIBBS SAMPLING
A long tail general insurance business is an insurance business in which the period from the occurrence of an incident that results in an occurrence of a claim until the claim is paid off will take more than one year. This duration is due to the time lags between the occurrence of the incident an...
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Format: | Final Project |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/65450 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |