RISK MEASUREMENT FOR MOTOR THIRD PARTY LIABILITY INSURANCE IN TURKEY

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Atıf İçin Kopyala

Acar A. S., KARABEY U.

SIGMA JOURNAL OF ENGINEERING AND NATURAL SCIENCES-SIGMA MUHENDISLIK VE FEN BILIMLERI DERGISI, cilt.33, sa.1, ss.103-111, 2015 (ESCI)

• Yayın Türü: Makale / Tam Makale
• Cilt numarası: 33 Sayı: 1
• Basım Tarihi: 2015
• Dergi Adı: SIGMA JOURNAL OF ENGINEERING AND NATURAL SCIENCES-SIGMA MUHENDISLIK VE FEN BILIMLERI DERGISI
• Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), Academic Search Premier, Directory of Open Access Journals
• Sayfa Sayıları: ss.103-111
• Hacettepe Üniversitesi Adresli: Evet

Özet

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.