ISSN 2415-1297 (Online)   ISSN 2415-1300 (Print)
 
             
 
Volume : 26 Issue : 4 Year : 2018
 
Methods for Approximating Accumulated Claim Distribution [Med J Islamic World Acad Sci]
Med J Islamic World Acad Sci. 1990; 3(4): 292-297

Methods for Approximating Accumulated Claim Distribution

S. M. Aqil Burney
From Department of Statistics, University of Karachi, Karachi- 75270, Pakistan.

Different methods for approximating accumulated claim distribution are reviewed and compared with illustrations. Monte Carlo method is restressed when personal computers are available. Simulation results show that desired accuracy can be achieved by increasing the simulated sample size.

Keywords: Non-life insurance, claim distribution, polya distribution.


S. M. Aqil Burney. Methods for Approximating Accumulated Claim Distribution. Med J Islamic World Acad Sci. 1990; 3(4): 292-297

Corresponding Author: S. M. Aqil Burney, Pakistan


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