Estimation and Calculation Procedures of the Technical Provisions for Outstanding Insurance Claims

The paper presents algorithms for insurance technical provisions taking into account losses, which are incurred but not reported. Evaluation of insurance technical provisions for the kinds of insurance, such as Motor Third Party Liability (MTPL) Insurance, Property Insurance and some others, have di...

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Bibliographic Details
Main Authors: Matvejevs Aleksandrs, Malyarenko Anatoliy, Matvejevs Andrejs
Format: Article
Language:English
Published: Sciendo 2014-07-01
Series:Applied Computer Systems
Subjects:
Online Access:https://doi.org/10.2478/acss-2014-0002