The credit risk, which emerges as a concept of default risk, can be defined as the risk that any liability of the borrower can not be fulfilled. Default cases arise out of the situations of delayed payments, the presence ...

An increase in the incidence and duration of chronic illnesses have occurred with the extension of the expected life span. Chronic diseases lead to deterioration of the physical condition of the patients. These disorders ...

The purpose of this study is to make a fair premium estimation for wheat production. We prefer layer based clustering model where location, damage ratio and damage probability compose the layers. For the first layer, claim ...

National and international preventions are being taken everywhere in the world in order to keep the long term individual, social and economic effects of unemployment to the minimum. Unemployment insurance, which is one of ...

In a competitive market it has become compulsory for insurance companies to partition their portfolios into the risk categories with all policyholders belonging to the same category paying the same premium and to fairly ...

In this study, with Dynamic Financial Analysis model approach that includes basic components for a non-life insurance company, two different simulation studies have been done. Non linear dependencies have been integrated ...

In the insurance company's portfolio there may be claims reported but not yet settled or incurred but not yet reported. The most important task of the insurance companies is to accurately estimate these possible future ...

In this study, the AR (1) model was used for the interest rate which is one of the two basic variables that used in calculating the net single premium of the annuity. For the years between 2005-2018, government debt ...

The Generalized Linear Models (GLM) is one of the most commonly used methods of pricing non-life insurance products. The method gives a great advantage for selecting loss distribution from exponential family. Typically ...

It is a great importance for insurance companies to analyze the catastrophic risk that posess low probability and high severity by nature. With drastic changes in climatical conditions it became an obligation to form the ...