Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Indonesian Journal of Applied Statistics
Iut Tri Utami
Program Studi Statistika, Universitas Diponegoro
Agriculture, Biological Sciences & Forestry Computer Science & IT Earth & Planetary Sciences Economics, Econometrics & Finance Environmental Science

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Penentuan Rate Asuransi Kendaraan Bermotor Menggunakan Kredibilitas Bayesian Rahmila Dapa; Iut Tri Utami
Indonesian Journal of Applied Statistics Vol 6, No 1 (2023)
Publisher : Universitas Sebelas Maret

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.13057/ijas.v6i1.79813

Abstract

This paper uses Credibility to determine new rate based on data of historical claim in a motor vehicle insurance in Bandung, Indonesia. Rate is formed based on past loss through experience rating. Credibility is one of the examples of experience rating that considers group historical claims. One of the credibility methods is Bayesian credibility that considers rate as a random variable. Bayesian credibility is used based on claim frequency and claim severity from a group of policy holders in order to create new rates. In this paper, claim frequency followed the Poisson distribution while claim severity followed the Lognormal distribution. Result of analysis showed that rate values based on claim frequency and severity are higher than the rate values that were used back in 2010.Keywords: bayesian credibility; rate; claim frequency; claim severity
Co-Authors Rahmila Dapa