THE ESTIMATION OF THE PURE IBNR CLAIMS USING CLAIMS FREQUENCY MODEL ON INDIVIDUAL DATA WITH THE ASSUMPTION THAT THE DISTRIBUTION OF THE ULTIMATE CLAIMS FREQUENCY IS NEGATIVE BINOMIAL
A Pure IBNR (Incurred but Not Reported) claim is caused by an incident that has occurred but has not been reported to the insurance company by the time of valuation. An IBNR claim is a liability for an insurance company. To minimize this liability, an insurance company needs to set up a reserve for...
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Format: | Final Project |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/76261 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |
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