Original Research Paper
Dynamic tariffing in insurance industry with data mining method (case study:Third person car insurance)

D. Karim Zadehgan Moghaddam; M. Behrvan

Volume 4, Issue 4 , October 2015, Pages 399-411

https://doi.org/10.22056/ijir.2015.04.01

Abstract
  The third person car insurance has the biggest portion in the insurance market which makes an appropriate opportunity for data discovery and extracting unknown patterns for decision making in insurance industry. Currently premium is calculated with the minimum consideration to the risks. Based on these ...  Read More

Original Research Paper
Aggregation of underwriting risks in insurance industry of Iran using copulas (Hierarchical archimedean copulas approach)

M. Mirbgherijam; M.N. Shahiki Tash; Gh. Zamanian; A. Safari

Volume 4, Issue 4 , October 2015, Pages 412-425

https://doi.org/10.22056/ijir.2015.04.02

Abstract
  In this research, underwriting risks of insurance industry aggregated with two different approaches; they are simultaneous aggregation with elliptical copulas and Archimedean copulas and hierarchical aggregation with Hierarchical Archimedean Copulas (HAC). And thus the required capital for insurance ...  Read More