Statističke metode izračuna unisex premija u osiguranju

Haban, Petra (2015) Statističke metode izračuna unisex premija u osiguranju. Diploma thesis, Faculty of Science > Department of Mathematics.

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Abstract

In this work, it is explained that prohibition of the use of gender as a risk factor for determining premiums affects insurance pricing. It is evident that gender exclusion doesn't eliminate differences between male and female drivers because many nonexcluded risk factors are correlated with gender. This is the method preferred by insurance companies, but that is without a doubt against the wishes of the legislator. In order to convince himself that what he intended is actually implemented, legislator needed to specify a methodology for implementation of unisex tariffs. In example, according to Pope and Sydnor method, in the first step all variables for risk classification and pricing are still used. In the second step, average is calculated using the banned variable. In this case, men and women would pay the same premium. Before considering two methods of unisex premium calculation, we provide the fundamentals of the actuarial valuation of non-life insurance covers and short description of the main product features of non-life insurance products. Next required step for premium calculation is to assess a possible amount of claims. Furthermore, we define the equivalence premium, the net premium and the expense-loaded (or gross) premium. To calculate the equivalence premium, we cite the statistical estimate of required quantities. When the data set expressing the claim experience of the insurer is not a good enough indicator (in the example, not big enough), stochastic modeling of aggregate claim amount is used. Considering that policies always differ in some features, the adoption of specific premium rates is suggested, this is, policies are classified by risk.

Item Type: Thesis (Diploma thesis)
Supervisor: Slijepčević, Siniša
Date: 2015
Number of Pages: 50
Subjects: NATURAL SCIENCES > Mathematics
Divisions: Faculty of Science > Department of Mathematics
Depositing User: Iva Prah
Date Deposited: 12 Oct 2015 13:23
Last Modified: 12 Oct 2015 13:23
URI: http://digre.pmf.unizg.hr/id/eprint/4274

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