by a specific set of explanatory variables that take into account a number of updates concerning the data registered by insurance companies.For example, in this study, we introduce as risk factors the variables occupation of insured,GPS and value of vehicle. Also, in comparison with similar studies, we use a different
classification of the insured based on age intervals on the assumption that more homogenous
groups will be obtained and the calculation of premiums will better correspond to the reality of
studied phenomenon. Although the results cover a portfolio of a French insurance company,
the methodology of data count models can be applied to other insurance portfolios of
companies from other European countries such as Romania.
by a specific set of explanatory variables that take into account a number of updates concerning the data registered by insurance companies.For example, in this study, we introduce as risk factors the variables occupation of insured,GPS and value of vehicle. Also, in comparison with similar studies, we use a differentclassification of the insured based on age intervals on the assumption that more homogenousgroups will be obtained and the calculation of premiums will better correspond to the reality ofstudied phenomenon. Although the results cover a portfolio of a French insurance company,the methodology of data count models can be applied to other insurance portfolios ofcompanies from other European countries such as Romania.
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