Statistical modeling of premium pricing: the Malaysian motor insurance experience

This study proposes a statistical modeling for determining the price of motor insurance. The premium pricing, which is tailored to the regulation and economic environment of the Malaysian insurance industry, gives equal weights to both technical and practical elements. The technical element focus...

Full description

Bibliographic Details
Main Authors: Noriszura Ismail, Abdul Aziz Jemain
Format: Article
Published: Penerbit ukm 2007
Online Access:http://journalarticle.ukm.my/1831/
_version_ 1848809670403162112
author Noriszura Ismail ,
Abdul Aziz Jemain,
author_facet Noriszura Ismail ,
Abdul Aziz Jemain,
author_sort Noriszura Ismail ,
building UKM Institutional Repository
collection Online Access
description This study proposes a statistical modeling for determining the price of motor insurance. The premium pricing, which is tailored to the regulation and economic environment of the Malaysian insurance industry, gives equal weights to both technical and practical elements. The technical element focuses on statistical modeling of claim frequency and claim cost, whereas the practical element centers on combining claims experience with both inflations and expenses
first_indexed 2025-11-14T23:18:18Z
format Article
id ukm-1831
institution Universiti Kebangasaan Malaysia
institution_category Local University
last_indexed 2025-11-14T23:18:18Z
publishDate 2007
publisher Penerbit ukm
recordtype eprints
repository_type Digital Repository
spelling ukm-18312011-06-15T02:16:19Z http://journalarticle.ukm.my/1831/ Statistical modeling of premium pricing: the Malaysian motor insurance experience Noriszura Ismail , Abdul Aziz Jemain, This study proposes a statistical modeling for determining the price of motor insurance. The premium pricing, which is tailored to the regulation and economic environment of the Malaysian insurance industry, gives equal weights to both technical and practical elements. The technical element focuses on statistical modeling of claim frequency and claim cost, whereas the practical element centers on combining claims experience with both inflations and expenses Penerbit ukm 2007-07 Article PeerReviewed Noriszura Ismail , and Abdul Aziz Jemain, (2007) Statistical modeling of premium pricing: the Malaysian motor insurance experience. Journal of Quality Measurement and Analysis, 3 (1). pp. 9-22. ISSN 1823-5670 http://www.ukm.my/~ppsmfst/jqma/index.html
spellingShingle Noriszura Ismail ,
Abdul Aziz Jemain,
Statistical modeling of premium pricing: the Malaysian motor insurance experience
title Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_full Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_fullStr Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_full_unstemmed Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_short Statistical modeling of premium pricing: the Malaysian motor insurance experience
title_sort statistical modeling of premium pricing: the malaysian motor insurance experience
url http://journalarticle.ukm.my/1831/
http://journalarticle.ukm.my/1831/