Finance Department


Date of this Version


Document Type



Journal of Actuarial Practice, Volume 13, 2006


© Copyright April 2006 Absalom Press, Inc



Bivariate Archimedean Copula Models for Censored Data in Non-Life Insurance Michel Denuit, Dana Purcaru, and Ingrid Van Keilegom 5

Bayesian Analysis of Insurance Losses Using the Biihlmann-Straub Credibility Model Abraham J. van der Merwe and Kobus N Bekker . 33

Bayesian Analysis of a Health Insurance Model Helio S. Migon and Edison M. O. Penna 61

Solvency of Life Insurance Companies: Methodological Issues Rosa Cocozza and Emilia Di Lorenzo . 81

Pricing Insurance Policies with a Distribution-Free Financial Pricing Model Min-Ming Wen . 103

A Note on the Instability of the Unprojected Individual Level Premium Cost Method Pierre Devolder and Valerie Goffin . 119

Spatial Distribution of Frequency and Severity of Water Claims in California Gurbhag Singh, Max Tang, Don McNeill, and Lyn Hunstad 127

Analysis of an Insurance Risk Model with Thinning Dependence and Common Shock Lai Mei Wan, Kam Chuen Yuen, and Wai Keung Li . 147

Consistent Assumptions for Modeling Credit Loss Correlations Jan Dhaene, Marc Goovaerts, Robert Koch, Ruben Olieslagers, Olivier Romijn, and Steven Vanduffel 165

On Some Risk-Adjusted Tail-Based Premium Calculation Principles Edward Furman and Zinoviy Landsman . 175

Estimation of Large Insurance Losses: A Case Study • Tine Buch-Kromann . 191