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Fitting insurance claims to skewed distributions: Are the skew-normal and skew-student good models?
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- Douadia Bougherara & Laurent Piet, 2018.
"On the role of probability weighting on WTP for crop insurance with and without yield skewness,"
Working Papers
hal-02790605, HAL.
- Bougherara, Douadia & Piet, Laurent, 2018. "On the role of probability weighting on WTP for crop insurance with and without yield skewness," Working Papers 279351, Institut National de la recherche Agronomique (INRA), Departement Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2).
- Douadia Bougherara & Laurent Piet, 2018. "On the role of probability weighting on WTP for crop insurance with and without yield skewness," Working Papers hal-01911611, HAL.
- Douadia, Bougherara & Laurent, Piet, 2018. "On the role of probability weighting on WTP for crop insurance with and without yield skewness," Working Papers SMART 18-08, INRAE UMR SMART.
- Douadia Bougherara & Laurent Piet, 2018. "On the role of probability weighting on WTP for crop insurance with and without yield skewness," CEE-M Working Papers hal-01947417, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
- Douadia Bougherara & Laurent Piet, 2018. "On the role of probability weighting on WTP for crop insurance with and without yield skewness," Working Papers hal-01947417, HAL.
- Ignatieva, Katja & Landsman, Zinoviy, 2019. "Conditional tail risk measures for the skewed generalised hyperbolic family," Insurance: Mathematics and Economics, Elsevier, vol. 86(C), pages 98-114.
- Ramon Alemany & Catalina Bolancé & Montserrat Guillén, 2012. "Nonparametric estimation of Value-at-Risk," Working Papers XREAP2012-19, Xarxa de Referència en Economia Aplicada (XREAP), revised Oct 2012.
- Ahmed Z. Afify & Ahmed M. Gemeay & Noor Akma Ibrahim, 2020. "The Heavy-Tailed Exponential Distribution: Risk Measures, Estimation, and Application to Actuarial Data," Mathematics, MDPI, vol. 8(8), pages 1-28, August.
- Sarra Ghaddab & Manel Kacem & Christian Peretti & Lotfi Belkacem, 2023. "Extreme severity modeling using a GLM-GPD combination: application to an excess of loss reinsurance treaty," Empirical Economics, Springer, vol. 65(3), pages 1105-1127, September.
- Liseo, Brunero & Parisi, Antonio, 2013. "Bayesian inference for the multivariate skew-normal model: A population Monte Carlo approach," Computational Statistics & Data Analysis, Elsevier, vol. 63(C), pages 125-138.
- Eling, Martin & Loperfido, Nicola, 2017. "Data breaches: Goodness of fit, pricing, and risk measurement," Insurance: Mathematics and Economics, Elsevier, vol. 75(C), pages 126-136.
- Alexeev Vitali & Ignatieva Katja & Liyanage Thusitha, 2021. "Dependence Modelling in Insurance via Copulas with Skewed Generalised Hyperbolic Marginals," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 25(2), pages 1-20, April.
- Javed, Farrukh & Loperfido, Nicola & Mazur, Stepan, 2024.
"Edgeworth expansions for multivariate random sums,"
Econometrics and Statistics, Elsevier, vol. 31(C), pages 66-80.
- Javed, Farrukh & Loperfido, Nicola & Mazur, Stepan, 2020. "Edgeworth Expansions for Multivariate Random Sums," Working Papers 2020:9, Örebro University, School of Business.
- Nicola Loperfido & Tomer Shushi, 2023. "Optimal Portfolio Projections for Skew-Elliptically Distributed Portfolio Returns," Journal of Optimization Theory and Applications, Springer, vol. 199(1), pages 143-166, October.
- Gaygysyz Guljanov & Willi Mutschler & Mark Trede, 2022.
"Pruned Skewed Kalman Filter and Smoother: With Application to the Yield Curve,"
CQE Working Papers
10122, Center for Quantitative Economics (CQE), University of Muenster.
- Guljanov, Gaygysyz & Mutschler, Willi & Trede, Mark, 2022. "Pruned Skewed Kalman Filter and Smoother: With Application to the Yield Curve," Dynare Working Papers 78, CEPREMAP.
- Bølviken, Erik & Guillen, Montserrat, 2017. "Risk aggregation in Solvency II through recursive log-normals," Insurance: Mathematics and Economics, Elsevier, vol. 73(C), pages 20-26.
- Yann Braouezec & John Cagnol, 2023.
"Theoretical Foundations of Community Rating by a Private Monopolist Insurer: Framework, Regulation, and Numerical Analysis,"
Papers
2309.15269, arXiv.org, revised Dec 2023.
- Yann Braouezec & John Cagnol, 2024. "Theoretical Foundations of Community Rating by a Private Monopolist Insurer: Framework, Regulation, and Numerical Analysis," Working Papers hal-04373063, HAL.
- Dai, Yun-Shi & Dai, Peng-Fei & Zhou, Wei-Xing, 2023.
"Tail dependence structure and extreme risk spillover effects between the international agricultural futures and spot markets,"
Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 88(C).
- Yun-Shi Dai & Peng-Fei Dai & Wei-Xing Zhou, 2023. "Tail dependence structure and extreme risk spillover effects between the international agricultural futures and spot markets," Papers 2303.11030, arXiv.org.
- Shushi, Tomer, 2018. "A proof for the existence of multivariate singular generalized skew-elliptical density functions," Statistics & Probability Letters, Elsevier, vol. 141(C), pages 50-55.
- Javed, Farrukh & Loperfido, Nicola & Mazur, Stepan, 2024. "The Method of Moments for Multivariate Random Sums," Working Papers 2024:6, Örebro University, School of Business.
- Ignatieva, Katja & Landsman, Zinoviy, 2021. "A class of generalised hyper-elliptical distributions and their applications in computing conditional tail risk measures," Insurance: Mathematics and Economics, Elsevier, vol. 101(PB), pages 437-465.
- Peng, Zuoxiang & Li, Chunqiao & Nadarajah, Saralees, 2016. "Extremal properties of the skew-t distribution," Statistics & Probability Letters, Elsevier, vol. 112(C), pages 10-19.
- Mostafa Tamandi & Ahad Jamalizadeh & Tsung-I Lin, 2019. "Shape mixtures of skew-t-normal distributions: characterizations and estimation," Computational Statistics, Springer, vol. 34(1), pages 323-347, March.
- Yonghui Liu & Guohua Mao & Víctor Leiva & Shuangzhe Liu & Alejandra Tapia, 2020. "Diagnostic Analytics for an Autoregressive Model under the Skew-Normal Distribution," Mathematics, MDPI, vol. 8(5), pages 1-19, May.
- Punzo, Antonio & Bagnato, Luca & Maruotti, Antonello, 2018. "Compound unimodal distributions for insurance losses," Insurance: Mathematics and Economics, Elsevier, vol. 81(C), pages 95-107.
- Liang Yang & Zhengxiao Li & Shengwang Meng, 2020. "Risk Loadings in Classification Ratemaking," Papers 2002.01798, arXiv.org, revised Jan 2022.
- Abu Bakar, S.A. & Hamzah, N.A. & Maghsoudi, M. & Nadarajah, S., 2015. "Modeling loss data using composite models," Insurance: Mathematics and Economics, Elsevier, vol. 61(C), pages 146-154.
- Christian Biener & Martin Eling & Jan Hendrik Wirfs, 2015.
"Insurability of Cyber Risk: An Empirical Analysis†,"
The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 40(1), pages 131-158, January.
- Biener, Christian & Eling, Martin & Wirfs, Jan Hendrik, 2015. "Insurability of Cyber Risk: An Empirical Analysis," Working Papers on Finance 1503, University of St. Gallen, School of Finance.
- Rendao Ye & Bingni Fang & Weixiao Du & Kun Luo & Yiting Lu, 2022. "Bootstrap Tests for the Location Parameter under the Skew-Normal Population with Unknown Scale Parameter and Skewness Parameter," Mathematics, MDPI, vol. 10(6), pages 1-23, March.
- Alemany, Ramon & Bolancé, Catalina & Guillén, Montserrat, 2013. "A nonparametric approach to calculating value-at-risk," Insurance: Mathematics and Economics, Elsevier, vol. 52(2), pages 255-262.
- Shi, Yue & Punzo, Antonio & Otneim, Håkon & Maruotti, Antonello, 2023. "Hidden semi-Markov models for rainfall-related insurance claims," Discussion Papers 2023/17, Norwegian School of Economics, Department of Business and Management Science.
- Viktor Witkovsky & Gejza Wimmer & Tomas Duby, 2017. "Computing the aggregate loss distribution based on numerical inversion of the compound empirical characteristic function of frequency and severity," Papers 1701.08299, arXiv.org.
- Saralees Nadarajah & Bo Zhang & Stephen Chan, 2014. "Estimation methods for expected shortfall," Quantitative Finance, Taylor & Francis Journals, vol. 14(2), pages 271-291, February.
- Eling, Martin & Wirfs, Jan, 2019. "What are the actual costs of cyber risk events?," European Journal of Operational Research, Elsevier, vol. 272(3), pages 1109-1119.
- Delignette-Muller, Marie Laure & Dutang, Christophe, 2015. "fitdistrplus: An R Package for Fitting Distributions," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 64(i04).
- Eling, Martin, 2014. "Fitting asset returns to skewed distributions: Are the skew-normal and skew-student good models?," Insurance: Mathematics and Economics, Elsevier, vol. 59(C), pages 45-56.
- Hanke, Michael & Penev, Spiridon & Schief, Wolfgang & Weissensteiner, Alex, 2017. "Random orthogonal matrix simulation with exact means, covariances, and multivariate skewness," European Journal of Operational Research, Elsevier, vol. 263(2), pages 510-523.
- Bernardi, Mauro & Maruotti, Antonello & Petrella, Lea, 2012.
"Skew mixture models for loss distributions: A Bayesian approach,"
Insurance: Mathematics and Economics, Elsevier, vol. 51(3), pages 617-623.
- Bernardi, Mauro & Maruotti, Antonello & Lea, Petrella, 2012. "Skew mixture models for loss distributions: a Bayesian approach," MPRA Paper 39826, University Library of Munich, Germany.
- Ramon Alemany & Catalina Bolance & Montserrat Guillen, 2014. "Accounting for severity of risk when pricing insurance products," Working Papers 2014-05, Universitat de Barcelona, UB Riskcenter.
- Richard T. A. Samuel & Charles Chimedza & Caston Sigauke, 2023. "Simulation Framework to Determine Suitable Innovations for Volatility Persistence Estimation: The GARCH Approach," JRFM, MDPI, vol. 16(9), pages 1-30, September.
- Syuhada, Khreshna & Tjahjono, Venansius & Hakim, Arief, 2024. "Compound Poisson–Lindley process with Sarmanov dependence structure and its application for premium-based spectral risk forecasting," Applied Mathematics and Computation, Elsevier, vol. 467(C).
- Batiz-Zuk, Enrique & Christodoulakis, George & Poon, Ser-Huang, 2015. "Credit contagion in the presence of non-normal shocks," International Review of Financial Analysis, Elsevier, vol. 37(C), pages 129-139.
- Bhati, Deepesh & Ravi, Sreenivasan, 2018. "On generalized log-Moyal distribution: A new heavy tailed size distribution," Insurance: Mathematics and Economics, Elsevier, vol. 79(C), pages 247-259.
- Contreras-Reyes, Javier E., 2014. "Asymptotic form of the Kullback–Leibler divergence for multivariate asymmetric heavy-tailed distributions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 395(C), pages 200-208.
- Naderi, Mehrdad & Hashemi, Farzane & Bekker, Andriette & Jamalizadeh, Ahad, 2020. "Modeling right-skewed financial data streams: A likelihood inference based on the generalized Birnbaum–Saunders mixture model," Applied Mathematics and Computation, Elsevier, vol. 376(C).
- Eling, Martin & Wirfs, Jan Hendrik, 2016. "Cyber Risk: Too Big to Insure? Risk Transfer Options for a mercurial risk class," I.VW HSG Schriftenreihe, University of St.Gallen, Institute of Insurance Economics (I.VW-HSG), volume 59, number 59.