The Purpose of Motor Insurance
Estimation of foreseeable and unforeseeable risks in motor insurance
... We have seven prior parameters to estimate, the direct use of the Maximum Likelihood Estimation (briefly MLE) method is not workable. Looking a the literature we found that the use the Expectation- Maximization (EM) ...
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EU motor insurance law in the UK, accidents on the road and responsibilities off IT
... compulsory insurance means that at present those vehicles in public places are subject to the rules relating to the use of a ...main purpose for catching and injuring the ...
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Fitting Finite Mixtures of Generalized Linear Regressions on Motor Insurance Claims
... The purpose of this study is to determine an appropriate finite mixture model for the claims data. The results which can help us determine the expected reserves. This paper is organized as follows: Section 2 gives ...
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Malingering and the fraudulent motor insurance claimant
... the purpose of this article, the aforementioned claimants’ mental disorders were not attributable to the RTA according to the psychiatrist and thus were dealt with in this way during the ...
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Impact of insurance sector activity on economic growth – A meta-analysis
... of insurance market activity on economic growth has been a topic of numerous papers which use diff erent methodologies and diff er in ...general, insurance market activity, both as the provider of risk ...
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Autonomous cars: A driving force for change in motor liability and insurance
... the defective product itself. The repair of autonomous cars is likely to cost substantially more than existing mid-range motor vehicles due to the cost of parts such as sensors. Secondly, there is a 10-year long ...
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Table of Contents
... Motor vehicle insurance rate cases: Attacks on constitutional and procedural grounds Motor vehicle liability insurance: Scope of. definition of the insured[r] ...
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Exclusions from Insurance Coverage of Motor Liability – Case of Kosovo
... the insurance coverage according to the LCMLI, but it is rather debatable in practice how can one prove such claims, because it is very difficult for the insurer to prove that the fellow traveller had knowledge of ...
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Chapter 16: Insurance
... Upon the cessation of the authority of an insurer to issue motor vehicle liability policies or bonds, the Commissioner of Insurance must give notice of the cessation[r] ...
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Automobile Pickup Lift For Material Handling Purpose Of Light Motor Vehicle
... In transportation phase, the handling of finished goods in a safe and proper manner is the major problem faced in industries if the materials are handled by humans, there is lot of chances for damaging the material as ...
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COMPETITIVE EFFECTS OF IT INNOVATION ON BANK STRATEGY, 1985 1995
... Through case study research this paper illustrates opportunities presented by IT-based technological change in British retail bank markets (1985-1995). For the managers of the Royal Bank of Scotland IT appeared to lower ...
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THE STUDY OF THE IMPACT OF INTELLECTUAL CAPITAL ON THE DEVELOPMENT OF INSURANCE AMONG INSURED PEOPLE
... Mellat insurance and Asia insurance in Tehran ...Mellat insurance and 270 of them were staffs of Asia ...Mellat insurance and Asia insurance are homogenous because they are Private ...
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Extreme value theory and its application to motor insurance
... x m where xi =-------rm are considered to be above 92 L and therefore the expected value of the net premium is given by: PL = I x-m - rL 93 m Beard, 1963b, p.6, has introduced a formula [r] ...
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Wireless Industrial Machine Speed Control using GSM
... dc motor many methods are available which are either be a mechanical or electrical for example armature control, field control, flux control method etc but this methods required large size hardware to ...
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DRIVERS OF MOTOR VEHICLE INSURANCE FRAUD RISK: EMPIRICAL EVIDENCE FROM INSURANCE COMPANIES IN KENYA
... general insurance business and motor insurance sub- sector in particular, fraud appears to eat into this ...portray insurance companies as socially acceptable fraud targets (IRA, ...against ...
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Motor vehicle insurance law: ignoring the lessons from King Rex
... of motor vehicle insurance law, whilst the jurisdiction of the CJEU will be brought to an end, its historic jurisprudence will have the same binding precedence as decisions of the UK Supreme ...
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Delaney and the Motor Vehicle Insurance Directives : lessons for the teaching of EU law
... This article has highlighted limitations in current approaches to teaching EU law in many universities in England. That this continues is often because the modules / units where EU law is delivered tend to subscribe to a ...
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ESTIMATING CONSUMERS’ BEHAVIOUR IN MOTOR INSURANCE USING DISCRETE CHOICE MODELS
... product. Motor insurance with its two components – the Motor Third Party Liability Insurance (MTPL) and the Motor Damage insurance – constitutes the largest line of business of ...
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Discrete Time Markov Reward Processes a Motor Car Insurance Example
... [4] F. Stenberg, R. Manca and D. Silvestrov, “An Algo- rithmic Approach to Discrete Time Non-Homogeneous Backward Semi-Markov Reward Processes with an Ap- plication to Disability Insurance,” Methodology and Com- ...
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Motor vehicle insurance law: ignoring the lessons from King Rex
... Following a review in 2013, the Motor Insurers’ Bureau (MIB) established the Uninsured Drivers Agreement (UDA) 2015. The aim was to implement aspects of the Motor Vehicle Insurance Directives (MVID). ...
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