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Prediction of outstanding claims: A hierarchical credibility approach. (English) Zbl 0778.62097

This paper presents a hierarchical credibility model for predicting unpaid losses which arise from incurred but not yet reported claims, where the distribution of notification delays depends on the type of claim.
Reviewer: E.Shiu (Iowa City)

MSC:

62P05 Applications of statistics to actuarial sciences and financial mathematics
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