TITLE:
The Study about Autumobile Insurance Based on Linear Empirical Bayesian Estimation
AUTHORS:
Qiang Yu, Zongjing Yao, Fengyun Zhang, Yujie Zhou
KEYWORDS:
Automobile Insurance; Linear Empirical Bayesian Estimation; Claim Size
JOURNAL NAME:
Applied Mathematics,
Vol.3 No.4,
April
27,
2012
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.