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Modeling the number of insured households in an insurance portfolio using queuing theory

Recurso electrónico / Electronic resource
Section: Articles
Title: Modeling the number of insured households in an insurance portfolio using queuing theory / Jean-Philippe Boucher, Guillaume Couture-PichéAuthor: Boucher, Jean-Philippe
Notes: Sumario: In this paper, it is used queuing theory to model the number of insured households in an insurance portfolio. The model is based on an idea from Boucher and Couture-Piché (2015), who use a queuing theory model to estimate the number of insured cars on an insurance contract. Similarly, the proposed model includes households already insured, but the modeling approach is modified to include new households that could be added to the portfolio. For each household, it is also used the queuing theory model to estimate the number of insured cars. It is analyzed an insurance portfolio from a Canadian insurance company to support this discussionRelated records: En: Astin bulletin. - Belgium : ASTIN and AFIR Sections of the International Actuarial Association = ISSN 0515-0361. - 02/05/2016 Volumen 46 Número 2 - mayo 2016 , p. 401-430Otros autores: Couture Piché, Guillaume
Other categories: 6
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