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Premium allocation – Fuzzy approach in insurance business

1st Regional Conference on Applied and Engineering Mathematics (RCAEM-I) 2010 organized by Universiti Malaysia Perlis (UniMAP) and co-organized by Universiti Sains Malaysia (USM) & Universiti Kebangsaan Malaysia (UKM), 2nd - 3rd June 2010 at Eastern & Oriental Hotel, Penang.

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Bibliographic Details
Main Authors: Pathak, Pooja, Kumar, Sanjeev
Format: Working Paper
Language:English
Published: Universiti Malaysia Perlis (UniMAP) 2010
Subjects:
Regional Conference on Applied and Engineering Mathematics (RCAEM)
Insurance business
Fuzzy logic
Online Access:http://dspace.unimap.edu.my/xmlui/handle/123456789/10282
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spelling my.unimap-102822010-11-24T08:24:26Z Premium allocation – Fuzzy approach in insurance business Pathak, Pooja Kumar, Sanjeev Regional Conference on Applied and Engineering Mathematics (RCAEM) Insurance business Fuzzy logic 1st Regional Conference on Applied and Engineering Mathematics (RCAEM-I) 2010 organized by Universiti Malaysia Perlis (UniMAP) and co-organized by Universiti Sains Malaysia (USM) & Universiti Kebangsaan Malaysia (UKM), 2nd - 3rd June 2010 at Eastern & Oriental Hotel, Penang. With lot of players in insurance market and to retain the existing customer base, the market seems to be very aggressive. Every institution has been trying to woo new customers with new products and offer new policies every now and then to existing customers. The challenge for holding the market share and maintain a consistent growth rate has been a pain area in recent years. Statisticians and actuaries have always been on toes in formulating new rules to provide extra leverage over other counterparts in market. Since the factor to which the risk value is attached is always give to new ideas towards insurance. This approach provides a third dimension to the existing method of calculating premiums , which is dynamic and may be further refined to address to every individual needs. Therefore a fuzzy logic approach is used to determine the premium. 2010-11-24T08:24:26Z 2010-11-24T08:24:26Z 2010-06-02 Working Paper Vol.3(9), p.314-317 http://hdl.handle.net/123456789/10282 en Proceedings of the 1st Regional Conference on Applied and Engineering Mathematics (RCAEM-I) 2010 Universiti Malaysia Perlis (UniMAP) Institut Matematik Kejuruteraan
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic Regional Conference on Applied and Engineering Mathematics (RCAEM)
Insurance business
Fuzzy logic
spellingShingle Regional Conference on Applied and Engineering Mathematics (RCAEM)
Insurance business
Fuzzy logic
Pathak, Pooja
Kumar, Sanjeev
Premium allocation – Fuzzy approach in insurance business
description 1st Regional Conference on Applied and Engineering Mathematics (RCAEM-I) 2010 organized by Universiti Malaysia Perlis (UniMAP) and co-organized by Universiti Sains Malaysia (USM) & Universiti Kebangsaan Malaysia (UKM), 2nd - 3rd June 2010 at Eastern & Oriental Hotel, Penang.
format Working Paper
author Pathak, Pooja
Kumar, Sanjeev
author_facet Pathak, Pooja
Kumar, Sanjeev
author_sort Pathak, Pooja
title Premium allocation – Fuzzy approach in insurance business
title_short Premium allocation – Fuzzy approach in insurance business
title_full Premium allocation – Fuzzy approach in insurance business
title_fullStr Premium allocation – Fuzzy approach in insurance business
title_full_unstemmed Premium allocation – Fuzzy approach in insurance business
title_sort premium allocation – fuzzy approach in insurance business
publisher Universiti Malaysia Perlis (UniMAP)
publishDate 2010
url http://dspace.unimap.edu.my/xmlui/handle/123456789/10282
_version_ 1643789801550249984
score 13.222552

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