Methods for Approximating Accumulated Claim DistributionS. M. Aqil BurneyFrom 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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