[PDF] Top 20 Extreme value modelling of water related insurance claims

... To assess the sensitivity on c and d, we consider the QQ plots for N e , considered in Section 5.3, of the estimated models rather than comparing the BIC and DIC. This is due to the clustered data being dependent on ... See full document

... the extreme value modelling in risk analysis (Smith and Goodman, 2000; Bottolo et ...clustered claims, conditional on covariates, over different municipalities are used to derive the marginal ... See full document

... and insurance claims/incurred losses were analyzed and are displayed in Figure ...high-anomaly insurance claims were associated with high- anomaly rainfall ...highest-anomaly insurance ... See full document

... an insurance database containing 20 yr of water-related claims for private properties and con- tents in the Netherlands, provided by the Dutch Association of Insurers, were ...age ... See full document

... Various authors have shown that there the two major ways of modelling extremes of stochastic variable using the extreme value models. One approach is by dividing the sample into blocks and then ... See full document

... The value of χ thus gives some discrimination between different asymptotically dependent copulas, whilst ¯ χ can discriminate between different asymptotically independent ... See full document

... In the analysis of the participation decision, a company is regarded as a derivative user if the year-end derivatives balance in its financial statements is not zero. Based on the binary nature (0 for derivatives ... See full document

... an extreme event for multiple ...an extreme event will usually depend on context; Barnett (1976) suggests several ...multivariate extreme event is to consider componentwise maxima, ...deemed ... See full document

... explicitly modelling the selection of communication mode and its corresponding communication ...discrete-continuous extreme value model (Bhat 2005), we can simultaneously investigate the mode of ... See full document

... health insurance scheme (NHIS) in 2003 to provide financial risk protection for its population ...Health Insurance Author- ity (NHIA) commits to address this challenge through pro- vider payment reforms ... See full document

... of claims against solicitors would also be scarce but for the CRA ...disproportionate claims from those establishing practices soon after gaining the permitted three years post qualification experience ... See full document

... surface water and groundwater resource studies are yet to be carried ...of water resources systems in the country. In other words, the present water resources knowledge and information sharing is at ... See full document

... Further interesting new products are the so{called multi{line, multi{year, high layer (infrequent event) products, credit lines, the catastrophe risk exchange (CATEX). For a brief review on some of these instruments, see ... See full document

... Evidence, in which direction age affects inhospital death is inconclusive: Dasch et al. found a negative asso- ciation for the general population in a North Rhine- Westphalia-based study (< 60 versus > 80 years: OR ... See full document

... of water sources through rising sea levels. Over the years, water supplies stored in glaciers and snow cover is projected to ...reduce water availability to populations supplied by melt water ... See full document

... Liability Insurance and Reciprocal Claims from a Single Accident SMU Law Review Volume 10 | Issue 1 Article 1 1956 Liability Insurance and Reciprocal Claims from a Single Accident Robert E Keeton Foll[.] ... See full document

... credit insurance is the responsibility of the buyer, but not the supplier, who requests it from the ...credit insurance depends from desirable level of coverage and the size of the ...credit ... See full document

... an insurance market [79, ...Hence insurance in the Lloyd’s market often follows a ‘Co-insurance’ model with many separate insurers each taking a share of a ... See full document

... the extreme value analysis, maximum likelihood parameters of the fitted GEV to the upper tails of the indexes are given in table ...for modelling and distinguishing tail behaviour is the shape ...the ... See full document

... We studied a generalised CIR process with externally-exciting and self-exciting jumps, and ex- amined the distributional properties. The joint Laplace transform of the process and its integrated process was derived by ... See full document