Economic indicators for automobile claim frequencies
Autores
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Eva Boj
Universidad de Barcelona
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Anna Castañer
Universidad de Barcelona
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M. Mercè Claramunt
Universidad de Barcelona
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Teresa Costa
Universidad de Barcelona
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Oriol Roch
Universidad de Barcelona
Resumo
This article examines the relationship between observed claim frequencies in the automobile insurance line and the evolution of selected economic magnitudes. From a variety of economic variables, we aim to identify the main factors affecting claim frequencies, while controlling for other legislative and demographic factors. Through a dynamic regression model, the analysis is conducted for three different categories of vehicles and for a variety of coverages. A comprehensive dataset from the main Spanish insurance companies is used to calibrate the model. The evidence might assist companies to improve ratemaking.
Palavras-chave:
Categories of vehicles, dynamic regression, external predictors, motor insurance, time series
Números especiais
Prestes a ser publicado
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