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RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY

Year 2015, Volume: 33 Issue: 1, 103 - 111, 01.03.2015

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.

References

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There are 13 citations in total.

Details

Primary Language English
Journal Section Research Articles
Authors

Aslıhan Şentürk Acar This is me

Uğur Karabey This is me

Publication Date March 1, 2015
Submission Date October 13, 2014
Published in Issue Year 2015 Volume: 33 Issue: 1

Cite

Vancouver Şentürk Acar A, Karabey U. RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY. SIGMA. 2015;33(1):103-11.

IMPORTANT NOTE: JOURNAL SUBMISSION LINK https://eds.yildiz.edu.tr/sigma/