• DocumentCode
    1679601
  • Title

    Actuarial risk modeling using Bayesian approach

  • Author

    Bidiuk, P. ; Gasanov, A. ; Kozhukhivska, O.

  • Author_Institution
    Inst. for Appl. Syst. Anal., KTUU Kiev Polytech. Inst., Kiev, Ukraine
  • fYear
    2012
  • Firstpage
    1
  • Lastpage
    2
  • Abstract
    The problem of correct analysis and mathematical description of financial risks is considered; some uncertainties relevant to the risks analysis are highlighted, and an example is given for the financial process model construction in the form of prognostic distribution. The data used characterize the payment flow within a five year period for a chosen insurance company.
  • Keywords
    Bayes methods; financial management; insurance; risk analysis; Bayesian approach; actuarial risk modeling; correct analysis; financial process model construction; financial risks; insurance company; mathematical description; payment flow; prognostic distribution; risks analysis; Bayesian approach; actual data; actuarial models; financial risks; forecasting distribution; mathematical modeling;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Problems of Cybernetics and Informatics (PCI), 2012 IV International Conference
  • Conference_Location
    Baku
  • Print_ISBN
    978-1-4673-4500-2
  • Type

    conf

  • DOI
    10.1109/ICPCI.2012.6486481
  • Filename
    6486481
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=1679601