The Study about Autumobile Insurance Based on Linear Empirical Bayesian Estimation

Qiang Yu, Zongjing Yao, Fengyun Zhang, Yujie Zhou

Department of Mathematics, Jining University, Jining, China.
Department of Mathematics, Southwest University of Science and Technology, Mianyang, China.
Finance Institute, ZhongNan University of Economics and Law, Wuhan, China.

DOI: 10.4236/am.2012.34056                

Abstract

Automobile insurance is one of the most popular research areas, and there are a lot of different methods for it .We uses linear empirical Bayesian estimation for the study of automobile insurance, giving the estimator of the policy’s future claim size. Thus, a new point of view is given on the pricing of automobile insurance.

Keywords

Automobile Insurance; Linear Empirical Bayesian Estimation; Claim Size

Conflicts of Interest

The authors declare no conflicts of interest.

References

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