search for: policyholders

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2003 Dec 02
2
: GLIM PROBLEMS
...sh to model the probability of a car insurance policyholder claiming insurance on his/her car given that we know certain information about him/her. The explanatory variables used in this analysis are: the age of the policyholder (age), the year of registration (reg) and a measure of the policyholders claim history called the no claim discount (ncd). Define p(i,j,k) as the probability of a policyholder in level i of age, level j of reg and level k of ncd making a claim (for i= 1 (age= 17-22), 2 (23-26), 3 (27-65), 4 (66-80) ; j=1 (registration after 1964), 2 (63-64), 3 (60-62),...