Non-Financial Losses Incurred by a Traffic Accident Perpetrator

Conjoint Prediction of Paid and Incurred Losses

Actuaries use paid and incurred methods to predict losses. Then one method is selected, and usually the information contained in the other(s) is jettisoned. Sometimes methods are weighted together, but without statistical justification. And even when an incurred method is deemed sufficient, present valuing will require predictions of loss payments. This paper will present a statistical model wh...

Combined Analysis of Paid and Incurred Losses

Motivation. The new solvency regimes now emerging, insist that capital requirements align with the underlying (insurance) risks. This paper explains how a stochastic model built on basic assumptions is used to monitor insurance risk in order to get a clear insight in the aligned economic capital including prudence margins for loss reserves. Method. The incurred loss of an insurer consists of pa...

Accident Losses Elimination by Means of Safety Pyramid Analysis

The aim of the paper is to provide a summary of the research works in the field of accident frequencies and seriousness, leading to final assessment of action-oriented pyramid. The emphasis is put on the root-cause analysis, to find the real source of hazards on the workplace. The measures have to be taken to prevent not only the fatal accidents, but also minor accidents or unsafe acts, which c...

Traffic Accident Data Processing

[Smog and traffic accident].

Some measures to counter car accident have been taken from various angels in recent times, while their epidemiological consideration has not sufficiently been given. The presentation here is a study on the latter problem. Three elements have to be taken into account when car accident is to be investigated epidemiologically; first, car traffic itself, secondly what is related to main constituent...