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Mathematical Methods Used for Calculate Insurance Premium to The Property Insurance

Author

Listed:
  • Marian-Lucian Achim

    (“Titu Maiorescu” University of Bucharest, Romania)

Abstract

The most important task of the actuarial department is to provide well grounded charges for specialized departments and sales departments subsequently. For the stringency of these calculations will depend in future the economic performance of an insurer, by a mathematical estimate as close to reality existence.The method presented in this work is a quantitative one, later charges will support certain adjustments in terms of quality.

Suggested Citation

  • Marian-Lucian Achim, 2012. "Mathematical Methods Used for Calculate Insurance Premium to The Property Insurance," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(2), pages 14-20.
  • Handle: RePEc:pet:annals:v:12:y:2012:i:2:p:14-20
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    File URL: http://www.upet.ro/annals/economics/pdf/2012/part2/Achim-2.pdf
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    Cited by:

    1. Dan-Constantin Dănulețiu & Adina-Elena Dănulețiu, 2016. "Natural Disasters Effects’ Financing Through Insurance in Romania (2010-2015)," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 16(1), pages 83-94.

    More about this item

    Keywords

    property insurance; risk management; premium risk for property insurance;
    All these keywords.

    JEL classification:

    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies

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