Learning Corner

Risk Based Pricing for Auto Insurance

Comments (5)
  1. Ashish says:

    This risk model is valid only if the probability distribution of claims is inversely related with the ownership distribution. It may be possible that the model x has higher proportion of total ownership and hence higher proportions of claims. If the data is based on only claims and not on proportion of policies purchased it will not give a true picture.

  2. Sophie Velasco says:

    “I think that insurance policy of both India and US benefits the insurance companies. It’s just that US and India have a different way of analyzing, but the concept of risk based analyzing would work for both.

    http://www.cardetective.com/insurance.html

  3. YAKUB says:

    dear gaurav kindly add me on linkedin.com
    http://www.linkedin.com/in/yakubkhan

  4. YAKUB says:

    very nice one… good work …