dc.contributor.author
Alemany Leira, Ramon
dc.contributor.author
Bolancé Losilla, Catalina
dc.contributor.author
Guillén, Montserrat
dc.date.issued
2016-05-09T15:01:05Z
dc.date.issued
2016-05-09T15:01:05Z
dc.identifier
https://hdl.handle.net/2445/98448
dc.description.abstract
We design a system for improving the calculation of the price to be charged for an insurance product. Standard pricing techniques generally take into account the expected severity of potential losses. However, the severity of a loss can be extremely high and the risk of a severe loss is not homogeneous for all policy holders. We argue that risk loadings should be based on risk evaluations that avoid too many model assumptions. We apply a nonparametric method and illustrate our contribution with a real problem in the area of motor insurance.
dc.format
application/pdf
dc.publisher
Universitat de Barcelona. Riskcenter
dc.relation
Reproducció del document publicat a: http://www.ub.edu/riskcenter/research/WP/UBriskcenterWP201402.pdf
dc.relation
UB Riskcenter Working Paper Series, 2014/05
dc.relation
[WP E-RC14/05]
dc.rights
cc-by-nc-nd, (c) Alemany et al., 2014
dc.rights
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.rights
info:eu-repo/semantics/openAccess
dc.source
UB RISKCENTER – Working Papers Series
dc.subject
Risc (Assegurances)
dc.subject
Gestió del risc
dc.subject
Previsió dels negocis
dc.subject
Estadística matemàtica
dc.subject
Estadística no paramètrica
dc.subject
Risk (Insurance)
dc.subject
Risk management
dc.subject
Business forecasting
dc.subject
Mathematical statistics
dc.subject
Nonparametric statistics
dc.title
Accounting for severity of risk when pricing insurance products
dc.type
info:eu-repo/semantics/workingPaper
