Statistical modeling of premium pricing: the Malaysian motor insurance experience

This study proposes a statistical modeling for determining the price of motor insurance. The premium pricing, which is tailored to the regulation and economic environment of the Malaysian insurance industry, gives equal weights to both technical and practical elements. The technical element focus...

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Main Authors: Noriszura Ismail, Abdul Aziz Jemain
Format: Article
Published: Penerbit ukm 2007
Online Access:http://journalarticle.ukm.my/1831/
http://journalarticle.ukm.my/1831/
id ukm-1831
recordtype eprints
spelling ukm-18312011-06-15T02:16:19Z http://journalarticle.ukm.my/1831/ Statistical modeling of premium pricing: the Malaysian motor insurance experience Noriszura Ismail , Abdul Aziz Jemain, This study proposes a statistical modeling for determining the price of motor insurance. The premium pricing, which is tailored to the regulation and economic environment of the Malaysian insurance industry, gives equal weights to both technical and practical elements. The technical element focuses on statistical modeling of claim frequency and claim cost, whereas the practical element centers on combining claims experience with both inflations and expenses Penerbit ukm 2007-07 Article PeerReviewed Noriszura Ismail , and Abdul Aziz Jemain, (2007) Statistical modeling of premium pricing: the Malaysian motor insurance experience. Journal of Quality Measurement and Analysis, 3 (1). pp. 9-22. ISSN 1823-5670 http://www.ukm.my/~ppsmfst/jqma/index.html
repository_type Digital Repository
institution_category Local University
institution Universiti Kebangasaan Malaysia
building UKM Institutional Repository
collection Online Access
description This study proposes a statistical modeling for determining the price of motor insurance. The premium pricing, which is tailored to the regulation and economic environment of the Malaysian insurance industry, gives equal weights to both technical and practical elements. The technical element focuses on statistical modeling of claim frequency and claim cost, whereas the practical element centers on combining claims experience with both inflations and expenses
format Article
author Noriszura Ismail ,
Abdul Aziz Jemain,
spellingShingle Noriszura Ismail ,
Abdul Aziz Jemain,
Statistical modeling of premium pricing: the Malaysian motor insurance experience
author_facet Noriszura Ismail ,
Abdul Aziz Jemain,
author_sort Noriszura Ismail ,
title Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_short Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_full Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_fullStr Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_full_unstemmed Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_sort statistical modeling of premium pricing: the malaysian motor insurance experience
publisher Penerbit ukm
publishDate 2007
url http://journalarticle.ukm.my/1831/
http://journalarticle.ukm.my/1831/
first_indexed 2023-09-18T19:34:27Z
last_indexed 2023-09-18T19:34:27Z
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