@article{article_360539, title={MEASURING TOTAL LOSS AMOUNT OF A PUBLIC INSURANCE COMPANY BY COLLECTIVE RISK MODEL}, journal={Journal of Economics Finance and Accounting}, volume={1}, year={2015}, author={Alkan, Cekici İskender and Iskender, Elyasee and Alkan, Buket}, keywords={Panjer özyineleme yöntemi,kolektif risk modeli,hayat dışı sigortalar,toplam hasar miktarı,sigorta şirketi}, abstract={<p>In terms of <a href="http://tureng.com/search/institutional%20sustainability">sustainability </a> of insurance firms’ existence, fitting the total loss distribution of non-life branches is an important issue. Damage amount and damage frequency distributions which are consisting the total damage must be known to determine this total loss distribution. In this paper, we have used an insurance firm’s quarterly data set of 2009-2013 years period regarding to accident branch which is a kind of non-life insurance branch and tried to calculate total loss probabilities. The recursive method (Panjer Method) first studied out by Panjer have been used to calculate total loss probabilities. In consequence of all calculations the total loss level of the firm have been determined. </p>}, number={4}, publisher={Suat TEKER} }