4. Collective model
Given a portfolio of risks, the insurer seeks to evaluate and forecast the cumulative amount of claims likely to be generated by this portfolio over a future period, generally the following year. This assessment is based on a model representing this amount, which may be individual or collective. In the individual model, we consider a group of k risks and note X i the amount of claims for risk i (i = 1, ..., k). The total amount of claims for this group is , from which we deduce the pure premium
Exclusive to subscribers. 97% yet to be discovered!
Already subscribed? Log in!
Collective model
Experience pricing
Article included in this offer
"Mathematics"
(
167 articles
)
Updated and enriched with articles validated by our scientific committees
A set of exclusive tools to complement the resources
Bibliography
Exclusive to subscribers. 97% yet to be discovered!
Already subscribed? Log in!
