RISK PREMIUM IN MOTOR VEHICLE INSURANCE

Authors : BANU ÖZGÜREL

Pages : 47-61

View : 23 | Download : 10

Publication Date : 2016-07-25

Article Type : Research Paper

Abstract :The pure premium or risk premium is the premium that would exactly meet the expected cost of the risk covered ignoring management expenses, commissions, contingency loading, etc. Claim frequency rate and mean claim size are required for estimation in calculating risk premiums.In this study, we discussed to estimate claim frequency rate and mean claim size with several methods and calculated risk premiums. Data, which supported our study, is provided by insurance company involving with motor vehicle insurance.
Keywords : hasar sayısı, hasar büyüklüğü, hasar sıklık oranı, risk primi