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Modelling Claims Runo with Reversible Jump Markov Chain Monte Carlo Methods
| Content Provider | Semantic Scholar |
|---|---|
| Author | Verrall, Richard |
| Copyright Year | 2017 |
| Abstract | In this paper we describe a new approach to modelling the development of claims run-o triangles. This method replaces the usual ad hoc practical process of extrapolating a development pattern to obtain tail factors with an objective procedure. An example is given, illustrating the results in a practical context, and the WinBUGS code is supplied. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://openaccess.city.ac.uk/3800/1/ModellingClaimsRunoffRJMCMC.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |