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Regression Model for Motor Insurance Claims by Bashiru Imoro Ibn Saeed (Paperback, 2011)

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About this product

Product Information

The collapse of some insurance companies coupled with little emphasis on some of the risk factors in estimating motor insurance claims would give room for unfairness in making claim.The study has revealed the difference in the contribution level to making claims This allowed for an in-depth analysis of claim variables to assist in understanding the motor insurance claims.The SIC Insurance Company Limited should give relatively high premium to new cars as compared to older ones due to their higher demand of claims.Structuring the risk factors could help actuaries concerned with motor claims to appreciate the problems and advise the underwriters accordingly.Information Bill must be passed into law in view of removing the bottlenecks associated with data acquisition which was a serious challenge of this study.It is also recommended that further study be done in other insurance companies with the view of appreciating the discrepancies that exist in valuing risk, thus help Policy makers and particularly National Insurance Commission (NIC) to fairly price motor premiums.

Product Identifiers

Publisher
Lap Lambert Academic Publishing
ISBN-13
9783844316070
eBay Product ID (ePID)
106762920

Product Key Features

Author
Bashiru Imoro Ibn Saeed
Publication Name
Regression Model for Motor Insurance Claims
Format
Paperback
Language
English
Subject
Marketing
Publication Year
2011
Type
Textbook
Number of Pages
120 Pages

Dimensions

Item Height
229mm
Item Width
152mm
Item Weight
186g

Additional Product Features

Title_Author
Bashiru Imoro Ibn Saeed
Country/Region of Manufacture
Germany

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