IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-662-03364-7_6.html
   My bibliography  Save this book chapter

Statistics

In: Non-Life Insurance Mathematics

Author

Listed:
  • Erwin Straub

    (Swiss Reinsurance Company)

Abstract

It is generally known that we look into the past in order to guess what the future will bring. The same is true in insurance. As we have, for example, to fix the premium in advance for a risk or a collective of risks, we naturally look at claims that occurred in the past on similar risks. We compile statistics to get an idea of the future claims potential. It is crucial that this picture be realistic because, if our judgement of the future claims load is too low, we will very probably suffer a loss. If, on the contrary, we are too pessimistic, we may lose business, e.g. where our competitors are cheaper.

Suggested Citation

  • Erwin Straub, 1988. "Statistics," Springer Books, in: Non-Life Insurance Mathematics, chapter 0, pages 89-101, Springer.
    • Handle: RePEc:spr:sprchp:978-3-662-03364-7_6
    DOI: 10.1007/978-3-662-03364-7_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-662-03364-7_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.