Department of Finance

 

Date of this Version

2006

Document Type

Article

Citation

Journal of Actuarial Practice 13 (2006) pp. 5-32

Comments

Copyright 2006 Absalom Press

Abstract

We describe a methodology based on Archimedean copulas for analyzing nonlife insurance data with censoring present. Specifically, we propose a graphical selection procedure for the nonparametric estimation of the generator. An actual loss-ALAE data set is used for the numerical illustrations and for comparisons of our approach to a few others.

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