Number: Math 74/93
Author(s): PETERSEN, Ivar.
Title: Minimum chi-square estimation of insurance premiums under the multiplicative model. 30 p.
Language: English
Keywords:
ABSTRACT. A method for estimating non-life insurance premiums
from observed data for multiplicative tariff structures,based on
the multiplicativity assumption and on the minimization of the
chi-square function of the errors is presented and the
corresponding formulas are derived. Certain bounds for the
variances of estimated premiums are also obtained. PC programs
for implementing the method for two and three factors are
described.