Stochastic dominance as the instrument of the assistance the optimal combination the rations of the insurance premiums
##plugins.themes.bootstrap3.article.main##
Abstract
Method of the assistance of the decision making process at the settlement of the optimal insurance premiums by insurance company which manage its activity at the non-life insurance was presented in this paper.
The insurance premiums tables are constructed on the basis of the historical data about the level of the damage in the different types of the insurances. Furtheremore these tables includes the bonus-malus tables for the individual risks. On this basis insurer fix the level of insurance premium for each type of risk.
The method which permits to take the optimal combination of the gross insurance premiums for the any types of the insurances is proposed in this paper. This combination was the basis of the construction of the detailed tables of the risks premiums.
These tables will contain rates of the insurance premiums optimal from the insurer's point of view which has the given preferences and goals.
This method was illustrated by the simple numerical example.
The insurance premiums tables are constructed on the basis of the historical data about the level of the damage in the different types of the insurances. Furtheremore these tables includes the bonus-malus tables for the individual risks. On this basis insurer fix the level of insurance premium for each type of risk.
The method which permits to take the optimal combination of the gross insurance premiums for the any types of the insurances is proposed in this paper. This combination was the basis of the construction of the detailed tables of the risks premiums.
These tables will contain rates of the insurance premiums optimal from the insurer's point of view which has the given preferences and goals.
This method was illustrated by the simple numerical example.
##plugins.themes.bootstrap3.article.details##
Section
Articles
Authors contributing to Jurisprudence agree to publish their articles under a Creative Commons Attribution-NoDerivatives 4.0 International Public (CC BY-NC-ND) License, allowing third parties to share their work (copy, distribute, transmit) and to adapt it, under the condition that the authors are given credit, and that in the event of reuse or distribution, the terms of this licence are made clear.
Authors retain copyright of their work, with first publication rights granted to the Association for Learning Technology.
Please see Copyright and Licence Agreement for further details.
Authors retain copyright of their work, with first publication rights granted to the Association for Learning Technology.
Please see Copyright and Licence Agreement for further details.
