RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY
Abstract
In this study, a motor third party liability insurance data set is examined, claim amounts are modeled and risk measures are calculated according to the significant explanatory variables. Value at Risk and Expected Short Fall methods are used for the risk measures. With the risk measures calculated for three different confidence levels, maximum losses for various risk classes are achieved and the results are compared.
Keywords
References
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Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Publication Date
March 1, 2015
Submission Date
October 13, 2014
Acceptance Date
January 29, 2015
Published in Issue
Year 2015 Volume: 33 Number: 1
APA
Şentürk Acar, A., & Karabey, U. (2015). RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY. Sigma Journal of Engineering and Natural Sciences, 33(1), 103-111. https://izlik.org/JA87ZS45UB
AMA
1.Şentürk Acar A, Karabey U. RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY. SIGMA. 2015;33(1):103-111. https://izlik.org/JA87ZS45UB
Chicago
Şentürk Acar, Aslıhan, and Uğur Karabey. 2015. “RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY”. Sigma Journal of Engineering and Natural Sciences 33 (1): 103-11. https://izlik.org/JA87ZS45UB.
EndNote
Şentürk Acar A, Karabey U (March 1, 2015) RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY. Sigma Journal of Engineering and Natural Sciences 33 1 103–111.
IEEE
[1]A. Şentürk Acar and U. Karabey, “RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY”, SIGMA, vol. 33, no. 1, pp. 103–111, Mar. 2015, [Online]. Available: https://izlik.org/JA87ZS45UB
ISNAD
Şentürk Acar, Aslıhan - Karabey, Uğur. “RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY”. Sigma Journal of Engineering and Natural Sciences 33/1 (March 1, 2015): 103-111. https://izlik.org/JA87ZS45UB.
JAMA
1.Şentürk Acar A, Karabey U. RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY. SIGMA. 2015;33:103–111.
MLA
Şentürk Acar, Aslıhan, and Uğur Karabey. “RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY”. Sigma Journal of Engineering and Natural Sciences, vol. 33, no. 1, Mar. 2015, pp. 103-11, https://izlik.org/JA87ZS45UB.
Vancouver
1.Aslıhan Şentürk Acar, Uğur Karabey. RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY. SIGMA [Internet]. 2015 Mar. 1;33(1):103-11. Available from: https://izlik.org/JA87ZS45UB