Zdrojový dokument:Scientific papers of the University of Pardubice. Series D, Faculty of Economics and Administration. 18 (3/2010)
ISSN:1211 – 555X
Abstrakt:
The probability of a claim and the amount paid out in most short term nonlife
instance contracts is hard to predict. This article presents some
mathematical/statistical techniques that allow finding the compound distribution of
aggregate claims by combining the frequency of claims with the distribution of the
amounts paid out on individual claims. The algorithm for exact expressions and
calculating of the distribution of S is often too complicated in practical use. A quick
approximation to the distribution of S can prove very useful and in many situations
may be used.