Fuzzy Claim Reserving In Non-Life Insurance

Jorge de Andrés-Sánchez1

  1. Social and Business Laboratory. Rovira i Virgili University
    School of Economics, Avinguda de la Universitat 1, 43204, REUS, SPAIN
    jorge.deandres@urv.cat

Abstract

This paper develops several expressions to quantify claim provisions to account in financial statements of a non-life insurance company under the hypothesis of a fuzzy environment. Concretely, by applying the expected value of a fuzzy number and the more general concept of value of a fuzzy number to the ANOVA claim predicting model [2] we estimate claim reserves to account in insurer’s balance sheet and income account.

Key words

Fuzzy logic; Fuzzy numbers; Value of a Fuzzy Number, Expected Value of a Fuzzy Number; Insurance; Claims provisions

Digital Object Identifier (DOI)

https://doi.org/10.2298/CSIS121225045A

Publication information

Volume 11, Issue 2 (June 2014)
Year of Publication: 2014
ISSN: 1820-0214 (Print) 2406-1018 (Online)
Publisher: ComSIS Consortium

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How to cite

Andrés-Sánchez, J. d.: Fuzzy Claim Reserving In Non-Life Insurance. Computer Science and Information Systems, Vol. 11, No. 2, 825–838. (2014)