Abstract The compounded Bell generalized class of distributions is proposed in this article as an alternative to the Poisson family distributions. Some properties and actuarial measures are presented. a special model named Weibull (BellW) obtained such linear representation density, r th moment, incomplete moment generating function using Wright hypergeometric Meijer’s G function, p order stati...

This article uses Bayesian marginal likelihood analysis to compare univariate models of the stock return behavior and test for structural breaks in the equity premium. The analysis favors a model that relates the equity premium to Markov-switching changes in the level of market volatility and accommodates volatility feedback. For this model, there is evidence of a one-time structural break in t...

agricultural insurance is one of the most important mechanisms to providing security for investment in agricultural and natural damage reduction. one of the modern types of insurance is weather index- based insurance that developed based on climatic parameters such as rainfall and temperature. the purpose of this study is to identifying the factors affecting wheat farmer's participation on...

www.scor.com/SGLA Every day hundreds of term life policyholders receive 60-day notices of rate changes because their level premium guarantee is coming to an end. And the premium jumps can be jaw dropping – often 5 to 10 times the rate paid during the level period. In response, most policyholders lapse their contract when the level premium period ends or within a few months thereafter – the shoc...

This paper examines the introduction of premiums into the SCHIP program in Kentucky. Kentucky introduced a $20 monthly premium for SCHIP coverage for children with family incomes between 151 percent and 200 percent of the federal poverty level in December 2003. Administrative data between 2001 and 2004 is used to estimate a Cox proportional hazard model that predicts enrollment duration in this...

In actuarial practice, regression models serve as a popular statistical tool for analyzing insurance data and tariff ratemaking. In this paper, we consider classical credibility models that can be embedded within the framework of mixed linear models. For inference about fixed effects and variance components, likelihood-based methods such as (restricted) maximum likelihood estimators are commonl...

Risk measures have been studied for several decades in the actuarial literature, where they appeared under the guise of premium calculation principles. Risk measures and properties that risk measures should satisfy have recently received considerable attention in the financial mathematics literature. Mathematically, a risk measure is a mapping from a class of random variables defined on some me...