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Prediction of claim numbers based on hazard rates

✍ Scribed by Jaap Spreeuw; Marc Goovaerts

Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
490 KB
Volume
23
Category
Article
ISSN
0167-6687

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✦ Synopsis

In this paper the problem of evaluating IBNR claims is tackled by the hazard rates approach. Both the separation method and the chain ladder method can be incorporated in the semiparametric Cox model, a very popular specification among the methods based on proportional hazard rates. In addition the present procedures allow for extensions, based on exogenous factors.

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