Claim reserving with fuzzy regression

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Cumhuriyet Üniversitesi Fen-Edebiyat Fakültesi Fen Bilimleri Dergisi
Volume:36 Issue:3
Claim reserving with fuzzy regression

Claim reserving with fuzzy regression

Authors : Tahereh BAHRAMI, Masuod BAHRAMI

Pages : 704-709

View : 42 | Download : 14

Publication Date : 2015-05-13

Article Type : Review Paper

Abstract :Abstract. Claims reserving plays a key role for the insurance. Therefore, various statistical methods are used to provide for an adequate amount of claim reserves. Since claim reserves are always variable, fuzzy set theory is used to handle this variability. In this paper, non-symmetric fuzzy regression is integrated in the Taylor’s method to develop a new method for claim reserving.
Keywords : Fuzzy number, fuzzy regression, claim reserves, Taylors geometric separation method

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