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Comparison of Some Methods to Fit a Multiplicative Tariff Structure to Observed Risk Data

Published online by Cambridge University Press:  29 August 2014

B. Ajne
B. Ajne*
Affiliation:
Skandia, Stockholm
*
Skandia, Sveavägen 44, S-103 50 Stockholm, Sweden.
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Abstract

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Three methods for fitting multiplicative models to observed, cross-classified risk data are compared. They are the method of Bailey–Simon, the method of marginal totals and a maximum likelihood method. The methods are applied to a number of risk data sets and compared with respect to balance and goodness-of-fit.

Keywords

Multiplicative modelsTariff structures
Type
Workshop
Information
ASTIN Bulletin: The Journal of the IAA , Volume 16 , Issue 1 , April 1986 , pp. 63 - 68
Copyright
Copyright © International Actuarial Association 1986

References

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